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Sometimes just an election is enough to reorder the valuation of an entire sector. That is exactly what is happening in Brazil right now, and for me, MercadoLibre (i)(MELI) is one of the most exciting beneficiaries. Just last month, I built a first position in MercadoLibre and I am now closely following the events. In the first round of voting, conservative Senator Flávio Bolsonaro surprised with about 47% of the votes, placing him ahead of incumbent Luiz Inácio Lula da Silva with approximately 45%. As no one achieved an absolute majority, a...
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