What fascinates me so much about $RMS (+0,08 %) is that they’ve achieved something that hardly any other company in the world can pull off: (except maybe $RACE (-0,38 %) or $BC)
They don’t just sell luxury—they stand for something that can’t simply be copied. The brand, the craftsmanship, the exclusivity, and that incredible pricing power make Hermès, in my view, one of the best companies out there. That’s exactly why I’m taking a long-term view here. 🧡
Above all, the high U.S. exposure in my portfolio makes European stocks all the more attractive.
Sure, the price could change again in the short term, but anyone who doesn’t buy here countercyclically will regret it when the stock starts to rise again 🙂
