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Box with old family photos

Family‑Owned Companies: Dynasty or Disaster?

When Hermès International SA unveiled an 18 % jump in fourth‑quarter sales this February—easily outpacing rivals in a sagging luxury market—executive chairman Axel Dumas credited an “obsession with craft” honed over six generations of family stewardship. Investors rewarded the Birkin‑bag maker with fresh highs, cementing Hermès as

Cocoa beans

Barry Callebaut (BARN) trims outlook as cocoa volatility weighs on volumes

Swiss chocolatier Barry Callebaut (BARN) reported its third revision to full-year volume expectations, citing extreme volatility in cocoa prices, as unveiled in its nine‑month results today. The company now anticipates a 7 % drop in sales volume by Aug. 31—an increase from the earlier forecast of a mid‑single‑

The 7 Sins of Investing - Number 2: Investing in Moonshots

The 7 Sins of Investing - Number 2: Investing in Moonshots

In the golden age of meme stocks, miracle drugs, and moon-bound rockets, it’s never been easier to imagine your portfolio blasting off like SpaceX. But for most investors, chasing the next big thing ends not in the stars—but in the dust. For us it is it the second

A dog with blue eyes

Zoetis (ZTS): Who let the Dogs out?

FDA warnings put Zoetis in the doghouse, yet its moat, pipeline and math say otherwise.

Medical Doctors analysing a CT scan

In the AI Gold Rush, Wolters Kluwer (WKL) owns the Mine

Walk into any courtroom, clinic, tax office, or trading floor and you can feel the anxiety: one wrong citation, dosage, or disclosure can cost fortunes—or lives. Somewhere behind the screens, a centuries‑old Dutch outfit quietly prevents such calamities. At dawn in Amsterdam, servers spin up as a New

Lam Research (LRCX): The Architect of the AI Memory Boom

Lam Research (LRCX): The Architect of the AI Memory Boom

Walk through any advanced chip foundry, and you’ll see it: towering etch tools humming under nitrogen atmospheres, carving microscopic patterns into wafers destined for AI servers, smartphones, and satellites. Most likely, they were built by Lam Research. While Nvidia and ASML steal headlines, Lam operates in the shadows—powering

A half sunk tanker ship

The Global Insurance Broker Industry: Should you bother?

When Baltimore’s Key Bridge crumbled into the Patapsco River, three rival brokers choreographed billions in coverage before sunrise—proof that in a poly-crisis world, the power brokers aren’t the insurers or the reinsurers, but the middlemen who now command a US$7 trillion sea of global risk.