horosassetmanagement
Horos Asset Management commentary for the fourth quarter ended December 31, 2020 discussing an approach to the Austrian Business Cycle Theory. Q4 2020 hedge fund letters, conferences and more Dear co-investor, Finally, a very difficult year for everyone has come to an end. I can add little to the encouragement and gratitude for your trust that we have shown you in our previous letters. May the arrival of the vaccine be the turning point we all wish for our lives. Indeed, that turning point seems to have already come to the financial markets, with equity indexes experiencing a strong recovery i...
ValueWalk
Horos Asset Management commentary for the third quarter ended September 30, 2020, discussing Horos Value Internacional increasing stake in ONE and Tang Palace.Q3 2020 hedge fund letters, conferences and moreDear co-investor,We finished another quarter affected, to a greater or lesser extent, by the evolution of the pandemic and the decisions made by our governments. It is difficult to get used to this "new normal” situation, but the Horos family sends you all its encouragement and support for these difficult times.At the market level, after last quarter's recovery, markets have once again ente...
ValueWalk
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