Is MercadoLibre (MELI) A Wise Investment Pick?

Mercator International, an investment management firm, published its “Mercator International Opportunity Fund” fourth-quarter 2021 investor letter – a copy of which can be downloaded here. In Q4 2021 and early in the new year 2022, rising inflation and a more hawkish Fed led to a selloff of growth stocks. The Mercator International Opportunity Fund had a -3.65% return for the fourth quarter of 2021, compared to its benchmark, the MSCI EAFE Index which had a 2.75% return for the same...