These deep ones use the futures markets, of options and the rent of action to buy the papers that find that they go to go up or to fall less and to vender the ones that must fall or go up less. Therefore, the term ' ' long' ' , to buy in English, and ' ' short' ' , of vender. The deep one is common to rent of another investor an action that finds that it goes to fall and to vender it knot Claritas, Credit Suisse, Sniper Fame, Factor compared the performance of 12 deep of 10 managers (Plural Alpha and Balanceado), Fides, Trust (Hedge and Value), IP, Polar region, Ttica and Unifund with the Ibovespa during 256 working days. According to Lovisotto,> Claritas obtains to have profits same with the Ibovespa falling, as well as the deep ones of the Fame. Already the Plural Factor has more direct correlation and folloies the index more than close. Deep other of the Factor, the balanced one, obtains optimum behavior: it earns in such a way when the index goes up how much it goes down. ' ' But, in the generality, all they go bem' ' , Lovisotto says, remembering that the objective is exactly not to follow the stock market.
According to Lovisotto, the study it showed that the yield of the application in long/shorts compensates the risk biggest. The research took in account the wallet return formed exclusively for CDI and the medium one of the deep category of multimarket, in different ratios. ' ' The necessary investor to analyze how much it is made use perder' ' , he affirms. ' ' If the option is to place 5% in long/shorts and the remaining portion in CDI, the necessary applicator to be prepared to lose up to 1,08% on a profit of 17,26% to the year, what it would mean the worse return, of 16,18% to ano' ' , it says.
It was under the logic of the produtivismo for commercialization of products for the metropolis that the legislation on the Brazilian settling could be carried through. it had the explicit determination to become productive lands, demanded, also, the suspension of the concession or property right. It was in game, the necessary logic for the production agro-exporter. However, it had serious difficulties so that such situation occurred due the high costs of the production. It was not enough, therefore, the real determination so that the agrarian proprietors started to produce. The production and its regulation were dependents of the external situation, financings, the prices of the transports and man power, of necessary and adjusted techniques. These factors had influenced negative to the process of magnifying of cultures, in view of the oscillation of the external market. In the process of consolidation of the production agrarian-exporter, in Brazil, the Portuguese crown, except for the determination directed toward the concession of lands, was not worried in prescribed them how much to the property or the amount that could be used by the producers, since that these, made to cultivate the properties.
This age the great fidget that persisted. On the part of the agrarian proprietors in all its levels, it was not, also in question the property of the land, in view of that the productive unit, was not the land, but the slave wants the black wants the aboriginal. To possess slaves in high amount meant greater to be able of culture of the properties. Thus, the documents that if follow, during the Brazilian colonial period, start to emphasize the increase of the production and the necessity of culture. It was in game, also the commerce of slaves and the high costs of the transports therefore constituam high costs being able, also, to make impracticable the production. From there, long which had period without regulation of the agrarian property.