Fama FIC FIA Management Report – Q3 2024

In the Q3 2024 Management Report, we highlight the resilience of our portfolio companies and the disconnect between their intrinsic value creation processes and the timing of their reflection in market prices.

This topic is becoming increasingly relevant in a society that seeks instant results and gratification, often with a lottery-like mindset. This environment creates interesting opportunities for investors with a longer-term perspective.

We remain enthusiastic about the potential of these companies—leaders in their industries that not only navigate challenging economic environments effectively, but also use them as opportunities to widen their lead over competitors, strengthening their structural competitive advantages.

We are committed to a prudent and responsible management approach, dedicated to creating sustainable value for our investors.