The Intrinsic Fund gains exposure to high-growth, unlisted companies through its investments in VEF and FDV.

In this investor letter, I address how long-term thinking enhances corporate resilience.

FEMSA, through OXXO, operates one of the largest convenience store chains worldwide and leverages these stores to develop additional business models.

TomTom has evolved from a hardware to a software company. The next change in its business model could be imminent.

The first investor letter for TGV Intrinsic includes a write-up on the Latin American e-commerce company MercadoLibre.