Shell: Margin Over Volume

Core Insights - The article highlights the author's extensive experience in investment banking, particularly in equity analysis across various sectors, emphasizing the importance of understanding the underlying stories behind financial statements [1]. Group 1: Background and Experience - The author has over six years of experience in the investment world, starting as an equity analyst at European banks [1]. - The author has worked across multiple sectors, including telecom and industry, indicating a broad understanding of different market dynamics [1]. - The educational background includes a bachelor's degree in Antwerp, a master's at KU Leuven, and an MBA in Finance from Vlerick, showcasing a strong academic foundation in finance [1]. Group 2: Current Focus and Passion - The author is currently building an investment project focused on the CIS region, indicating a strategic interest in emerging markets [1]. - There is a passion for applying Western analytical tools to uncover hidden value in these markets, suggesting a methodology that combines theory with practical application [1].