In these letters, Mauricio intends to raise awareness of problems, mistakes, and limitations in using accounting data. This month, he assesses Campbell Soup and Post Holdings – two large US food companies. These two cases are meant to illustrate the importance of using corporate economic data instead, which definitely lead to very different conclusions. He will also detail VIA’s current fundamental statistics on our main investment universes (US, Europe & World).
Please find the letter here: VIA Equity Research Monthly Letter – December 2017
Mauricio is a founding Partner and the Head of Research at VIA AM. Prior to co-founding VIA AM, he held a Senior Analyst position within the CROCI Research Group at Deutsche Bank. For over 10 years, he expanded and improved the global coverage of equities to enable the creation of various successful funds and structured products.
Note that this publication constitutes a marketing communication and is classified as non-objective commentary