Q: Hello team,

Just wanted to ask what you think of STNE for the long term? Is this SQ of Brazil/Latin America? Can it compete effectively as a disruptior?

It fell significantly after Itau Unibanco, a large Brazilian bank, said that it will begin to advance credit card payments to merchants in just two days as opposed to the 30-day industry standard. It might fall even more once its lock-up period expires on 23 April.

I appreciate it if you can comment on its moat, market, and management? Would you be a buyer at the current price, given their current balance sheet and future growth? Or would you wait for the dust to settle?

Many thanks!

Q: Can you please give me your opinion about a company called StoneCo (STNE) listed on the Nasdaq. Warren Buffet recently made an investment.

Thanks you for your excellent service.

Q: This Brazilian fintech company has come to my attention as Buffet has just purchased more shares after having bought shares in the IPO. What can you tell me about the fundamentals? What us your general opinion on this company?