François Sicart

Founder and Chairman,
Tocqueville Management Corporation

François D. Sicart is Founder and Chairman of Tocqueville Management Corporation, the general partner of Tocqueville Asset Management L.P.  Prior to founding Tocqueville Asset Management in 1985, Mr. Sicart was associated with Tucker Anthony, a New York investment firm.  During his seventeen years with Tucker Anthony, he held various positions including General Partner, Vice President of Tucker Anthony, Inc., and Vice Chairman of Tucker Anthony Management Company.  Prior to that, Mr. Sicart served in the French Air Force and taught accounting and finance for two years. Mr. Sicart earned an M.B.A. from École des Hautes Études Commerciales (H.E.C.), the leading business school in France.  He is also a director of Lepercq Amcur SICAV FIS and a member of the strategy committee of Banque Quilvest.

The Best Time to Own Cash 2
VIEWPOINTS: François D. Sicart, Founder and Chairman, Tocqueville Management Corporation; The best time for an investor to own cash is when it pays next to nothing. This may sound counterintuitive, and it is the opposite of what most investors do when cash pays nothing
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