Dynamo Reports

Transparency in management is a highly cultivated asset in Dynamo. Besides the usual channels of communication with our investors, we usually write - since Dynamo Cougar inception – the Dynamo Report.

The Dynamo Report is a quarterly newsletter that seeks to critically analyze relevant issues of today's capital markets, and also presents our performance during the relevant period, highlighting the most significant events related to our investments.

Below you can download (PDF file) the last Dynamo reports available. To ensure receipt of future publications, please register on the Mailing menu.




Report 106

Thoughts on Digital Transformation

Describes the main elements of the companies' IT configurations, analyzing dilemmas, challenges, impacts and opportunities in their course of digital transformation.


Report 105

The Order and Disorder of Merit

Reflections on meritocracy, its journey and current dilemmas


Report 104

From Maxwell to Munger

About phase transitions in matters and regime of changes in companies


Report 103

… and Convex

Addresses the repercussions of the pandemic on economic activity, on capital markets and on our investment processes


Report 102

Concave...

Brings together elements about the virus and the disease, as well as aspects of its transmission mechanisms


Report 101

Negative Interest Rates 101

Discusses the reality of negative interest rates and their possible impacts on our investment environment


Report 100

Continuation

Continuing in the opportunity of Dynamo’s 25th anniversary, we recover the main messages of Reports 17 to 32.


Report 99

Beginnings and Principles

We take the occasion of Dynamo’s 25th anniversary to go back in time and remember Reports 1 to 16.


Report 98

Melius Cras

Details the analysis of platforms and of Mercado Libre’s business model.


Report 97

Mutate in Melius

Briefly narrates the trajectory of Mercado Libre and our investment in the Company


Report 96

Platforms

On the business model of platform companies


Report 95

Network

Describes the structure through which digital technology is organized, namely, the network paradigm


Report 94

Digit

Highlights episodes in the history of technological progress that supported the digital transformations of today


Report 93

Hearing stars

In the discovery of gravitational waves, we founded another mental model that inspires our research process


Report 92

BVMF II

Resumes the narrative of our investment in BVMF up to today.


Report 91

BVMF I

Describes the context of the beginning of our investment in BVMF.


Report 90

Resilience and Robustness

Discusses the resilience/robustness of companies.