Editorial
Jean-François Partiot
Partner, Accuracy
My pen must be wiser.
For this editorial in summer 2022, I would have liked nothing more than to wish you a lovely, light, magical summer.
Unfortunately, war has taken hold at Europe’s door, prices are exploding and the planet is suffocating.
My pen must be wiser.
Summer is a time to step back and reflect; let us take advantage of it to relearn…
– to relearn simplicity to find the taste for simple and efficient action again. The complexity dogma paralyses us; let us unburden ourselves of it! (The Cultural Corner with Sophie Chassat)
– to relearn to live together around the concept of the common good and aim for reasonable economic development in the long term. (Economic point of view with Hervé Goulletquer)
– to relearn to invest for the long term with limited resources, whether:
In technologies of the future:
• In Start-up Stories with Romain Proglio, you will discover Rnest, software that helps to resolve problems using the Web – how to dive into the depth and complexity of the Web to surface again with simple and understandable answers!
Via major corporate groups:
• In a context of the sudden rise in interest rates and tightening macroeconomic conditions, we must relearn the link between financing conditions and the financial structure of a group. The equity and debt markets are closely linked and their developments are interdependent, meaning that managers must carefully assess the cross-impacts of changes in their funding. (The Academic Insight with Philippe Raimbourg).
In real estate:
• Real estate is an asset class considered highly safe and predictable, particularly in population and activity pools as rich and dense as Greater Paris. But to what extent is this still true post-2020 after the unfolding of the public health crisis and the wave of capital injected into the economy at negative real interest rates? (Industry Insight with Justine Schmit and Nicolas Paillot de Montabert).
This summer, let us take inspiration from Erasmus and his humane wisdom.
‘It is the greatest of folly to wish to be wise in a world of madmen.’
‘The whole world is home to us all.’
So, let us be wise; let us be mad; but let us be respectful of one another and to the generations to come!