Latin American equities' sell-off looks overdone as long as the underlying businesses keep growing and fundamentals remain intact. Under that condition, the drop is market noise, and MercadoLibre and Nu Holdings could offer attractive opportunities amid the panic. x.com 

The election news is more bark than bite for Nu Holdings, MercadoLibre, StoneCo and PagSeguro. Funds and institutions seem to have been caught off guard and need to unwind positioning; the four should recover nicely over the next few weeks or months. x.com 

MercadoLibre may not be a buy yet, since its margin-compressing investment cycle looks set to run for a while. An AI-assisted review of gross and operating margins against prior investment cycles points that way, after a first read of the risk/reward had looked like a buy. The stock is worth revisiting at the end of the year. x.com  x.com 

Today's fundamentals and long growth runways make Nu Holdings and MercadoLibre among the market's most compelling and mispriced opportunities for patient capital. Their short-term outlook shifts mostly with FX volatility and fiscal and monetary policy uncertainty. x.com 

MercadoLibre's long-term thesis looks intact: heavy reinvestment is holding down near-term margins, but if it drives continued growth and eventually operating leverage, margins and earnings could expand substantially. The stock was extremely expensive five years ago, and its valuation has compressed significantly since. As with Amazon, the market doesn't trust the spending yet, but Meta showed how fast that can change. x.com  x.com 

MercadoLibre is a broken stock without a catalyst, and being cheap is not enough to recover. Since AI arrived it has badly underperformed, and no one knows whether AI agents buying from the cheapest source will bypass marketplaces within two or three years. Many holders still call it an obvious bargain, as they did near $1,900, a sign they have not capitulated; real bottoms come with exhaustion and disbelief. A turnaround, new information or an earnings change would be needed to change that. … Show more

The highest-quality private equity and private credit managers, Apollo, Ares, Blackstone and KKR, are back on sale, mainly because of interest rates. They are not as cheap as during March's SaaS debt scare, and weaker names such as Blue Owl are still to be avoided. x.com  x.com 

CoreWeave's debt-funded GPUs make financing costs central to its business, while credit markets now price severe distress. Its five-year CDS reached 1,194 basis points on October 15 and remained near 1,145 last week, implying roughly 60% default odds over five years. If yields fall after the FOMC yet shares cannot hold $50, the balance sheet deserves more scrutiny than the macro backdrop. x.com 

MercadoLibre ranks C tier among large-cap tech after Q1 earnings because margin contraction and heavy investment are pressuring its free cash flow outlook. Its top line keeps growing, but there are no AI tailwinds to offset the drag from logistics and credit spending into 2027. The ranking weights forward visibility and AI exposure, placing MercadoLibre alongside Apple and below names like Alphabet, AMD and Amazon, despite once being very bullish on it. x.com 

Diamondback Energy looks cheap against its sales at $189.27. Fair value is $197.99 to $251.99, about 5x mid-cycle sales give or take 12%, and it only becomes expensive above $313.49; trailing and forward reads differ by 40%, widening the range. The view rests on valuation levels from reported earnings and revenue estimates, not fundamental work. x.com