Performance
Alpha
Return above the benchmark. It's what we seek by picking ideas with positive asymmetry.
Encore Library
Book recommendations and references that inspire our team.
Lista completa
- The Most Important Thing, Howard Marks Indicado por João Luiz Braga
- Influence the Psychology of Persuasion, Robert Cialdini Indicado por João Luiz Braga
- 100 Baggers, Christopher Mayer Indicado por Alexandre Bagnoli
- The Innovator’s Dilemma, Cleyton M. Christensen Indicado por Luiz Eduardo Bomentre
- Margin of Safety, Seth A. Klarman Indicado por Alexandre Bagnoli
- Essays of Warren Buffett, Lawrence A. Cunningham Indicado por Alexandre Bagnoli
- Financial Shenanigans, Howard M. Schilit, Jeremy Perler Indicado por Alexandre Bagnoli
- Competition Demystified, Bruce Greenwald e Judd Kahn Indicado por Jéssica Bessa
- The Little Book of Behavioral Investing, James Montier Indicado por Alexandre Bagnoli
- The art of being right, Arthur Schopenhauer Indicado por João Luiz Braga
- Como Fazer Amigos e Influenciar Pessoas, Dale Carnegie Indicado por João Luiz Braga
- Good to Great, Jim Collins Indicado por Alexandre Bagnoli
- Rápido e Devagar: Duas Formas de Pensar, Daniel Kahneman Indicado por João Luiz Braga
- Why Moats Matter, Heather Brilliant e Elizabeth Collins Indicado por Jéssica Bessa
Encore Glossary
Plain-language glossary
Market terms decoded so you can read our materials with ease.
Risk
Beta
How sensitive an investment is to market moves. Lower beta tends to oscillate less than the index.
Risk
Volatility
How much prices fluctuate over time. It signals oscillation, not necessarily loss.
Strategy
Long Bias vs. Long Only
Long Bias can protect or profit with short positions; Long Only stays fully invested. Flexibility helps us navigate scenarios.
Performance
Benchmark
Reference index used to compare performance (e.g., CDI or Ibovespa).
Strategy
Active vs. passive
Active chooses where to invest; passive replicates an index. Encore operates actively and with its own view.
Portfolio
Diversification
Spreading risk across assets and strategies to reduce the impact of specific events.
No terms found.