Blair and Chirac Not Agreeing . . .

. . . as reported in today's International Herald Tribune, is an example of how much of the stuff in the news is really just "noise" as far as impacting a value-oriented investment portfolio over the long term goes.

Sure, the European Union may be very important, and potentially impact people's lives greatly. But out of sight of the mass media lens, Phil Yea and 3i Group PLC quietly carry on doing deals across the European continent, growing NAV, and enhancing shareholder value.