MELI is a good investment due to exposure to high-growth Latin American markets and resilient management capable of sustaining growth through political/fiscal headwinds.

Now, it's about the Latin American markets , which is the same reason I'm an investor in Mercado Libre. Because these countries are moving, or growing, very fast.

The same applies to Mercado Libre in fact. People think: " Oh, but what about this fiscal policy or that political party in power?" Well, they've been through much worse in the past, and they're able to continue to grow because that's what very good management does.

This is also what very good businesses and good products do.