Letters to co-investors

Lee algunas de las noticias donde hemos sido mencionados, así como algunas de las entrevistas realizadas a nuestros gestores. Accede además a las cartas trimestrales para nuestros coinversores, donde se detallen los resultados obtenidos y otra información de interés.

2023   Letters to co-investors
Letter to our co-investors 4Q23

Dear co-investor, First of all, I would like to take this opportunity to wish you all the best for the new year. We concluded 2023 with two reasons for celebration....

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2023   Letters to co-investors
Letter to our co-investors 3Q23

Dear co-investor, This quarter, the management team formed by Alejandro, Miguel and myself is celebrating eleven years working in the complex and fascinating world of investing. A period in which we have remained faithful to the same investment principles and…...

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2023   Letters to co-investors
Letter to our co-investors 2Q23

Dear co-investor, These are good times for Horos because, at this moment, almost all of our more than 3,000 clients have positive returns with their investments in our funds and pension plan. A milestone that shows that our investment process…...

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2023   Letters to co-investors
Letter to our co-investors 1Q23

Dear co-investor, New year, new turmoil? The major stock markets of the world ended the first quarter of the year with solid gains, but overshadowed by a banking crisis not seen since 2008. Against this volatile backdrop, our Horos Value…...

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2022   Letters to co-investors
Letter to our co-investors 4Q22

Dear co-investor, The fourth quarter of the year was a relief for most markets, reducing part of the significant losses accumulated over the previous nine months. Our portfolios were not immune to this...

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