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LVMH $MC.PA-1.4%

LVMH is a huge concern specializing in luxury goods and under this concern fall brands such as Louis Vuitton, Moët & Chandon, Hennessy, or Dior.

Overall, this concern is quite financially stable and its stock is growing solidly.



€745.40 -€10.80 -1.43%

I see a lot of potential for this group because they are doing well and in the future I think that rich people will keep buying these products.

How do you view this concern and this industry ?

In case some of you are going on a longer trip;) https://www.acquired.fm/episodes/lvmh

Quite a long podcast, but I'll be happy to listen to it when I have more time.

The company has a very interesting and long history, so it probably couldn't be shortened that much. For me personally it contributed significantly to the fact that I put money into them even on this rather expensive valuation and the order itself is widely recommended. This episode is considered one of the best ever and for anyone considering LVMH it should be almost a must;)

This way, I'd like to jump in but I'd probably need some kind of split... it's quite an expensive stock for my taste..

I agree, I would also like to shop below.

I wouldn't so much need a dip as I would need the stock to be in a lower price range... but then again, I understand that it fits the type of commodity, so it probably wouldn't make much sense...

Hey and you know shareholders need to stop drinking beer and whiskey and start drinking champagne and cognac🤔😂

I guess I can live with that... :-D


So that's a problem, given my age, but for the future why not😅

Like it's a problem to drink under 18 here in the Czech Republic? :-D

Great stock, I think probably one of the best risk/reward.

I agree

Stability, yes. These brands can be bought separately nowadays, teva such Dior etc. and it's not that big of a bat

Yeah, thanks for the info.

In a word, stability. What more can I say. I'm more interested in how they will continue to grow, will they go to other markets or are they planning any acquisitions?

I have no idea, but it certainly wouldn't be a bad move.

I believe that Bernard Arnault would not have become one of the richest men if he had not built his empire by clever allocation of money, i.e. making acquisitions at the right price. Buying companies is ideal at a time when they have some problems and this is only one way to grow. Other ways are to increase the number of customers (estimated to be about 70% growth of the upper middle class by 2030) or to force them to pay more money through a lack of supply.

Thanks for the info.