Deep Dives
The rise of artificial intelligence (AI) dominates conversations in boardrooms and at investor forums. The technological advancement is undeniable, and the potential impact on various sectors is immense. For investors in the software sector, and particularly in vertical market software (VMS), this raises a crucial question: does AI pose a
Deep Dives
In the world of investing, much attention is paid to balance sheets, profit and loss accounts, and macroeconomic trends. Essential, without a doubt. But one of the most critical factors for long-term success is often underemphasized: the quality and motivations of management. The term "skin in
Deep Dives
Earlier this month, we traveled to Hamburg for the annual Capital Markets Day and shareholders meeting of Chapters Group (Frankfurt: CHG). As Tresor Capital, we consider it of utmost importance to closely monitor the companies in our portfolio. We can confidently report that this day