About us
Dear co-investor, We end a year that has been marked, as you know, by (very) high volatility in equity markets, caused by global political and economic uncertainties. As we have stressed in previous letters, this environment has led investors to seek out companies with more
Dear co-investor, We finish the third quarter of 2019, a period of continuity with respect to previous quarters, in which investors' money continues to flow towards certainty, at any price, and flees from the most illiquid and/or cyclical companies, despite the attractiveness of their valuation.
Dear co-investor, The end of May marked one year since the launch of Horos, a project dedicated to maximising returns for our investors in the long term.
Horos Asset management was founded in May 2018. It currently manages 50 million euros. It tries to invest in companies that ideally comply with five investing principles: businesses that it can understand, with competitive advantages and strong financial profile, managed by good capital allocators and with an attractive margin of safety.
Dear co-investor, We are pleased to share our investment idea: Aercap Holdings which was presented by our CIO Javier Ruiz at the Value Spain 2019 edition.
