Brazilian equities are historically cheap even relative to global commodity producers.
The last time we saw such undervalued prices was in the early 2000s, when Brazilian stocks entered a bull market.
It is one of the most natural resource-rich economies on the planet.
To… https://t.co/VvDtYyZGpr pic.twitter.com/TGwqJfPwpa
— Otavio (Tavi) Costa (@TaviCosta) March 9, 2023