Bollore: Streaming Music & Cash Flows
Cecilia Bodin de Moraes

Our purchase of Bollore was never about Bollore. Now that we have got you confused, let us describe Bollore. It is a two-hundred-year-old French conglomerate that is run by Vincent Bollore. Over the last thirty years he has created tremendous value for Bollore shareholders (the stock is up more than 20x since the mid-'90s).