Prando's Asset Management - Freaky Friday

The chairman remembers the one exam he aced

Julian Marr
clock • 3 min read

"Are you following me?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management as I spotted him sitting in a café in Beaune town square. "I could ask the same of you," he replied.

"After all, I've been here hours and, to judge by your stressed demeanour, clearly you've only just checked in." "Lucky guess," I grimaced, separating my two bickering daughters for the umpteenth time that day. "Anyway, I know you know very well we always stop off here on our way through France and this is the only place in town that not only serves ‘nuggets-frites' but is still willing to do so to my children. So, regardless of who actually arrived here first, I'd say you were definitely following me." "Let's agree to disagree," smiled the chairman, waving pleasantly to my other half, w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA launches consultation on private stock market

FCA launches consultation on private stock market

Move follows Mansion House commitment

Linus Uhlig
clock 17 December 2024 • 3 min read
Partner Insight: Is FOMO overruling investment basics?

Partner Insight: Is FOMO overruling investment basics?

In 2020 we introduced our bubbles chart showing how concentrated investors were in a particular theme. Four years on we look at what, if anything, has changed, and what it means for investors going forward.

Orbis Investments
clock 16 December 2024 • 3 min read
Special situations: How to spot a good management team

Special situations: How to spot a good management team

'We prefer management teams that are considered rather than overly promotional'

Henry Flockhart and Andy Gray
clock 10 December 2024 • 5 min read