““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”
A Winner in Quebec
Elegant and effervescent, Quebec City’s Restaurant Le Saint-Amour is where haute cuisine meets the Moulin Rouge. (Cirque du Soleil is based nearby, after all, and its members frequently dine here.) Housed in former stables reborn in 1978 as a three-story atrium, the restaurant offers one of the most impressive dining experiences in eastern Canada.
Famed executive chef Jean-Luc Boulay produces standout dishes such as homemade terrine of duck foie gras with armagnac whole confit and truffle; smoked salmon with caviar; shellfish and smoked halibut broth with lemongrass infusion; savory red doe with braised beets carpaccio; and organic duck with apple purée from nearby Isle de Orleans.
Desserts–such as the Valrhona éclair and raspberry sauce with house-made black cherry, raspberry and pistachio sorbet–are equally sublime. Service is precise and friendly.
Restaurant Le Saint-Amour
48 Sainte-Ursule, Quebec City, Canada, (418) 694-0667, www.saint-amour.com.