Jean-Marie Eveillard

First Eagle global value; gold-as-policy hedge, patience

Jean-Marie Eveillard is the former senior portfolio manager of the First Eagle Global Fund, which he built into one of the largest value-oriented funds in the world. He earned a reputation for extreme patience, willingness to hold cash, and treating gold as insurance against currency debasement — convictions that protected investors during the dot-com collapse. His work influenced a generation of global value practitioners.