The Fund That's Beaten the Market for 45 Years by Focusing on What Could Go Wrong
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We're live. This is Value After Hours. I'm Tobias Carlisle joined as always by my cohost, Jake Taylor. Our special guest today, First Eagle, Julian Alpertini, Christian Heck. How are you, gents? Welcome to the show. Good.
How are doing? Good morning, guys.
So let's start with who's First Eagle?
Sure. I'm happy to start. And yeah, thanks again for for having us. So First Eagle is actually a very old forum. It dates back to 1864. Started as a private bank in Germany and for a long time for six, seven generation run by two families. We used to be called Arnold and Anne Bleuschwede. And as you can imagine, over the past one hundred and sixty years, the business has been through a lot of political cycle, economic cycle, two world war. But you're still independent, still standing. The business survived hyperinflation in Germany because it owns some good quality business. It owned a brewery
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