After converting Bolsonaro, free-market guru must convince Brazil

After making his fortune with contrarian bets in financial markets, Brazilian economist and investor Paulo Guedes is making his boldest wager yet.

He says presidential front-runner Jair Bolsonaro – who spent decades as a congressman fighting to raise public-sector pay and railing against privatizations – will usher in a golden age of orthodox, market-friendly policy if he wins Sunday’s election.

The two have known each other for less than a year.

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