'Whether or not QE fixes Europe, people will still buy beer and shampoo'

We buy businesses with big global brands that make money every single day from repeatable transactions. Over the past couple of years many of these businesses have performed well, including L’Oréal and Anheuser-Busch InBev, which brews Budweiser and Beck’s. People tend to buy the same shampoo and beer, so these are two fantastic businesses to buy and hold.
The fund has also benefited from only having a small amount of exposure to oil stocks and financial firms, which have both, for different reasons, been out of form.
http://www.telegraph.co.uk/finance/personalfinance/investing/funds/11449042/Whether-or-not-QE-fixes-Europe-people-will-still-buy-beer-and-shampoo-David-Dudding-of-Threadneedle-European-Select.html

Inside the Fight for the Fortune of the World's Richest Woman, Liliane Bettencourt

Was L'Oréal heiress Liliane Bettencourt abused by a cadre of close associates who plundered her billions? Or was she in control of her faculties, giving away money and gifts to friends, politicians and even strangers?

These were the central questions in a trial that unfolded over the course of five weeks in southwestern France last month, where prosecutors and defense lawyers attempted to determine whether people took advantage of the 92-year-old...
http://www.people.com/article/bettencourt-affair-fight-fortune-worlds-richest-woman