MELI
📈 Druckenmiller invested in Argentinian stocks, including MercadoLibre, following Javier Milei’s election, anticipating economic improvements.
✅ He initially bought the five most liquid Argentinian companies, including MercadoLibre, and later conducted further analysis.
🚀 Despite some profit-taking in other Argentinian investments, he increased his position in MercadoLibre.
🌐 MercadoLibre remains a key holding, reflecting confidence in its growth potential within the evolving Argentinian economy.
@mfncristianbarros:
“He bought those companies, and then he continued with the analysis, but he says, in the first moment, we are doing an analysis. We have already done this macroeconomic analysis, not in a very simplistic way, as I have mentioned that Draken Miller could have been thinking at that moment, and you say, I am clear that investing in Argentina can make a lot of sense, but I still do not know in what, and I have to start an analysis that can last weeks. Then you say, well, first, for the moment, to be positioned, I start buying these five stocks, and then we will see. We are buying more, we are buying less, we are selling some of them, we are buying others, or whatever, but at least I am positioned in this that I know can go well over time.”
Watch the exact part of the video where Cristian talks about MercadoLibre here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on MercadoLibre (MELI) at the following link. MELI stock.
