3Wk·
14
13 Comments

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I am fully invested 😂🌊
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"Nothing will go wrong here" is always the saying before anything goes wrong.
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Nobody should invest just because it did well yesterday, right from the start.
I can't do much with this attitude as it only leads to losses.
If I look at yesterday's data, growth rates of just under 28% were recorded for a lvmh and it is clear that the stock market is much more bullish here.
Every company has the China risk and the art is to deal with it and still grow, otherwise you are not a quality company, but I am still very bullish for Hermes because they are well positioned in growth markets.

Here, for example, Hermes is not cheaply valued with a P/E of 47 and lvmh with a P/E of 22 is not brutally cheap either, with growth of 8%.

If growth adjusts here, then it is clear that valuations will rise and that should be the case, but for the moment I would wait until either the fundamental growth is right again or we find our way back to the upward trend here in the chart.

Here for all those who have not looked at the companies, lvmh is a conglomerate, i.e. consists of many individual companies.

Hermes relies on the brand and the brand name, here you have to see what suits you better.
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Well, I think -70% since ATH for two of your four suggestions is a bit crass for the statement "nothing will go wrong"
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