The Large Cap Global Growth account generated a loss of 1.4% for the three months ended Sep 30th, 2015. This compares quite favorably to all indexes in the representative sample. At the close of business on the 30th of September,…

Revenue, for the first six months of 2015, rose by 12.2%. EBITDA margins now exceed 20.5% of revenue. http://www.guerbet.com/en/our-group/news/2015/news/article2/2015-half-ye.html http://www.guerbet.com/fileadmin/user_upload/home/news/2015/CA/CP_RS_2015_22_09_2015_VA.pdf

All numbers and estimates expressed in Euro, unless otherwise specified. http://www.guerbet.com/en/our-group/news/news-2012/news/article2/acquisition.html http://www.fiercemedicaldevices.com/story/mallinckrodt-sell-contrast-business-french-imaging-player-guerbet-270m/2015-07-28 Guerbet Group has roughly 12.2 million shares outstanding. The 2014 trailing EV is $820 million Euro. 2014 EBITDA was expressed at $67.7 million Euro, which is an EBITDA…

http://www.bloombergview.com/articles/2015-09-25/the-rich-are-different-they-re-better-investors-?cmpid=yhoo The full paper, its findings and conclusions, may be accessed here. http://econweb.umd.edu/~davis/eventpapers/StevensInvestor.pdf

Third quarter S&P 500 earnings estimates are being revised lower, with significant negative revisions being reported in materials, energy and industrial sectors. Continued sub-par economic growth from China, lower potential orders from the cyclical mining and energy sectors and reduced…