THE QUESTION

Philippe Chereau
February 18, 2026
The business plan was before. In a volatile world such as ours, why do we keep trying to predict what can’t be predicted? The new trend is adaptation. But can we really adapt ourselves without predicting?

The “Rio effect”: The Priceless Value of Extra-Financial Criteria in Land-based Investments
What doesn’t show up in a business plan can be the most costly. The case of Voltalia in Brazil highlights a turning point: in Large-Scale Land Acquisitions (LSLAs), environmental and social criteria are no longer secondary. They can reshape, delay, or derail the entirety of projects.…
Airbnb’s Superhosts Are not those You Think They Are
LVMH’s Succession: What It Takes to Become Bernard Arnault
Does Success Determine the Value of a Cultural Work?
The American prison system, or the business of incarceration
Avatar: From Earth to Pandora, What Rights do we Have Over our Environment?
Why do ex-French Sub-Saharan colonies fare better economically than ex-British ones?
The American prison system, or the business of incarceration
Artificial Islands: A Legal Object Adrift at Sea
Unmasking Anger: Do Women have the right to get Angry (just like Men)?
The “Clash of Civilizations”, an oversimplification of World Order?
Straight ahead

Crypto unchained
Everyone’s talking about “crypto”. So much so that even watching a sports program on TV without being bombarded by cryptocurrency broker ads has become impossible.
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