POR QUE OS BANCOS SERÃO OS PRINCIPAIS BENEFICIADOS PELA IA

MORE THAN 40 YEARS IN THE MARKET, A SHARP VISION OF BRAZIL AND AN INCREASINGLY GLOBAL PORTFOLIO In this new episode of Stock Pickers, Lucas Collazo hosts Alfredo Menezes, CEO and CIO of Armor Capital, for a conversation that blends history, macroeconomics, the stock market, exchange rates, technology, and valuable lessons from someone who has witnessed the birth, maturity, and transformation of the Brazilian financial industry several times. Among the topics, Alfredo discusses the rise of ETFs, the impact of artificial intelligence on entire sectors of the economy, and explains why he believes banks can be the biggest winners in this transformation. In an episode full of strong opinions, Alfredo also touches on Brazil's macroeconomic scenario, the 2026 elections, pessimism about the political environment, and comments on his favorite sectors on the B3 (Brazilian Stock Exchange), those he avoids—highlighting his critical view of construction companies—and offers a particularly rich perspective on exchange rates, one of his specialties. An episode about the market, but also about experience, discipline, cycles, and survival. Of those where the thesis matters – but the background counts even more. 🎙️ Guest: Alfredo Menezes, CEO and CIO of Armor Capital 🎧 Presentation: Lucas Collazo ________________ Follow Stock Pickers on all social media: https://linktr.ee/stockpickers_​​ ________________ STOCK BOOKS: all the books recommended on Stock Pickers! https://docs.google.com/spreadsheets/...