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Monthly Newsletter

05/11/2010

Determining Market Price?

With moments of irritation behind us and resigned to waiting patiently to fill up our fuel tanks, queuing at French...

Determining Market Price?
“Bring your work back to the workshop twenty times…”

Monthly Newsletter

08/10/2010

“Bring your work back to the workshop twenty times…”

This quotation from Nicolas Boileau* faithfully sums up our investment business which was recently rewarded by French magazine Mieux Vivre...

Monthly Newsletter

03/09/2010

Gently Sloping Summer

A degree of irony exists in the fact that just as rating agencies are questioning the solvency levels of sovereign...

Gently Sloping Summer
Giving while living

Monthly Newsletter

02/07/2010

Giving while living

In spring 2009 (2), a series of secret encounters brought together the richest men and women in the US: fantastic...

Monthly Newsletter

04/06/2010

Good Jobs!

Investors who bought APPLE shares at $3 in order to welcome Steve Jobs’ return in November 1997 have so far...

Good Jobs!
Achilles' Heel

Monthly Newsletter

07/05/2010

Achilles' Heel

What do Greece and Azerbaijan have in common? In addition to a population of around 10m citizens each, both countries...

Monthly Newsletter

02/04/2010

Go, Global go !

“Buy extraordinary companies at ordinary prices”, is an attractive target repeated each year in the annual report published by Berkshire...

Go, Global go !
To the mines Europe !

Monthly Newsletter

05/03/2010

To the mines Europe !

Europe is struggling: debt in Greece, the timid response to the crisis in Haïti and rocketing costs for the Airbus...