$LVMH Moet Hennessy Louis Vuitton (LVMUY.US)$
LVMH (Moet Hennessy-Louis Vuitton Group)
Musk's richest man's chair hasn't been heated yet. LVMH is at the helmBernard Arnault succeeded Musk as the new richest man in the world
First, take a look at LVMH's most complete financial report and fund holdings in the 13F
highlights
Compared with the rich product lines of other luxury brands, it can hedge against downside risks in the economy
Strong merger and acquisition capabilities, Tiffany's performance was no longer successful after being acquired
viewpoints
The trend of technology is always changing. In the previous two years, Ali and Tencent also represented China's advanced technology. In the past two years, they have transformed into infrastructure, utilities, and industries that are no longer supported by the state.
So what exactly is a good business? Investing in things that don't change is a good business that lasts forever, such as Buffett's favorite happy candy, Coca Cola, and humanity is an eternal theme. LVMH is the best dream created by the vanity side of human nature.