Family Holdings
Family Holdings #7 – Record growth meets rising concerns
Michael Gielkens
I'm Michael Gielkens, partner and co-owner of Tresor Capital. Investing has been my great passion for years: from analysing holding companies and serial acquirers to building long-term strategies. What was once a hobby is now my job.
Family Holdings
Family Holdings #6 – The diverging capital allocation lessons of Google and Markel
Deep Dives
Deep Dive – AI versus VMS: investors are throwing the baby out with the bathwater
The market seems to have already passed its verdict, with artificial intelligence (AI) supposedly delivering the death blow to niche software. We believe, however, that this fear is grossly exaggerated.
Family Holdings
Family Holdings #5 – Holding companies benefit from secular megatrends
Family Holdings
Family Holdings #4 – Swedish solidity and the Belgian stars
Media
Podcast: Tresor Capital shares insights on Chapters Group
Together with host Quinten Hafkamp and Rowan Nijboer, Tresor Capital partner and co-owner Michael Gielkens recorded a deep dive podcast this week about serial acquirer Chapters Group. Below we share both the link and the transcript of the deep dive podcast. The podcast is in Dutch, but by also
Deep Dives
Deep Dive – MBB Founder Nesemeier: "Aumann could surprise this year"
This week we spoke extensively with CEO, founder and majority shareholder Christof Nesemeier and CFO Torben Teichler of the German investment holding company MBB.
Family Holdings
Family Holdings #3 – Distribution and infrastructure determine the AI battle at Alphabet and Brookfield
Family Holdings
Family Holdings #2 – Headlines vs. fundamentals: private equity & software
Family Holdings
Family Holdings #1 – Buffett steps down, Investor AB has beaten the market for 15 years running
Deep Dives
Deep Dive – 3 experts, 3 strategies for 2026
Three experienced investors share their views on AI, quality and valuation and offer guidance on positioning for 2026.
Deep Dives
Deep Dive – Boring software is exactly what's worth its weight in gold: our tips for 2026
In a world where AI is becoming ever more widely available, the structural qualities of vertical software companies are coming into sharper focus. In this article, we explain why.