Marc

They have followed a disciplined approach in the last several years so I suspect they will. I'd prefer repurchases over distributions, but I won't argue.

Mr. Market may be giving me another chance here. Trying to decide whether to pull the trigger...

This seems like a very American move…appoint a celebrity with no relevant qualifications.

Your adoring fans want your speculation on the importance of of the resignation…

Now that's interesting...hmm.

Pernod Ricard almost got down to my cheapskate buy price, but not quite...

You clearly have not been watching American financial media. If you did, you would of course know that there are no high quality assets in Europe. 😜

This was so excellent...thank you!

I wonder what happens with the other spinoff entities given that they are all in different jurisdictions.

Thank you!

Curious: what governs what is considered a reasonable buyout offer in France?

What a looker!

Totally agreed. I like slow and under the radar. I assume this is just to avoid any potential appearance of impropriety?

Thank you!

Just curious: where is this quote from?

Bold call! I'll still take Caterall.

In the U.S. case, many in power also happen to be criminals.

Disheartening that broad anti-immigrant sentiment is very much the political maintstream everywhere in the West.

Yep...who knows? I'm happy to use the opportunity to add to my position.

Oh...I see. It's posted under a new header on the website. Thank you!

Definitely checks the box for "...then as farce"

And seems as if Odet has paused its buyback...

Kitwave numbers don't seem -20% bad, no?

“Immensely stupid” is the order of the day for us Americans!

Looking like a Toyota Supra circa the 90s

I was given some and can verify it is awful.

I think this is because Hongkong Land has appreciated so much since then.

Are those Neuhaus?

This probably refers to sectors that are considered defensive (e.g. healthcare; consumer staples) rather than defense companies. Admittedly very confusing naming).

Beautiful pup!