I'd like to hear everyone's thoughts on NU. To be short, they're a banking company attempting to bring banking to poorer groups through Mexico, Central America, and South America. Both Warren Buffett and Cathie Wood are very bullish on it. They're nearly profitable, and have made great strides in the market, including having a third of all adult Brazillians banking with them.
It seems to be an excellent opportunity for big growth once the economy starts to recover over the next few years, as I think Latin America is priming for some real growth over the next decade.
Thoughts?
Leave a Reply