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Nico Uhlig
@RealMichaelScott
8Mon
Super companies in your selection. I've been toying with Hermès for a while, but in the end I chose LVMH.
I would still buy Hermès in the event of a major setback 😅
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Mister_ultra
@Mister_ultra
8Mon
@RealMichaelScott
I feel the same way. I've also had LVMH in my portfolio and savings plan for a long time. But Hermes is a bit more exclusive in my eyes. That's why both are now in my portfolio :)
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Nico Uhlig
@RealMichaelScott
8Mon
@Mister_ultra
Hermès is the top 10% of the luxury segment. The people who buy there don't care about money. Hence the gross margin of over 70%
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