The perfect set up to read annual reports! A good coffee, a notebook, a good pen and a whole collection of annual reports to read through and write notes in them! Let's go!

Fees make a big (negative) difference in the long run. Look at the fees you pay with the different financial products. You would be surprised at how high they are sometimes and the more complex the product is the higher the fees...

Agreed! Very difficult to discuss micro caps on twitter without having an impact on the share price. I am also refraining from speaking about nano and mircrocaps.

The more asterix and footnotes in a presentation the more my bat signal is on alert!

Once again remember: - to know what you own, - stay in the game, - don't time the market stay in the market, - balance sheet balance sheet, - Great managers with great capital allocation skills, - we have a massive advantage: permanent capital.

Unpopular tweet now: when a company or a coubtry is being talked too much about on twitter well maybe it is a signal that bat alert must be activated.

Bolloré: Many wanted it now they have got it! Bolloré SE is buying back shares itself. It isn't only Odet buying Bolloré shares.

An Italmobiliare holding! Santa Maria Novella!

Craven cottage with the Riverside stand fully operational! Unique moments at a historical club enables me to ensure a family tradition which began with my father who was born and studied in Fulham. Come on Fulham!

Will do a Q&A session at 21h00 french time today for one hour. See you in 3 hours and 14 minutes!

AMA I am online for one hour!

My personal detector that markets are high is that all my holdings are green. Usually markets fall after that. Yes it is not scientific but it is my bat signal or spidey sensors! I will be surely wrong.

First defense then offense! Stay in the game, survive and be patient!

Catana: the famous royalties which Financière Poncin get from Catana. 6 M€. Quick pass for me.

With Bolloré share price under 5,8 €, let's hope that Bolloré will buy back many shares!