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When you build something in a market no one else believes in, the returns reflect that courage.

contrarian-investingcourage— M1 Group investor briefing, 2007
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A business is worth what a strategic buyer will pay, not what a financial model says.

business-fundamentalsm-a— Private address to M1 Group partners, 2006
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Fashion and telecom look very different, but they both run on network effects and brand loyalty.

diversificationfashion— M1 Group annual review, 2018
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The best businesses are the ones you can hold forever. The question is whether they let you.

holding-periodlong-term-investing— Interview with Arab business publication, 2015
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Lebanon taught me that resilience is not a choice. It is a business requirement.

entrepreneurshipgeopolitical-risk— Economic forum in Beirut, 2019