Damien Albin Douarre @Lyssky: "𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐔𝐩𝐝𝐚𝐭𝐞 📈 Another week..."

France

𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐔𝐩𝐝𝐚𝐭𝐞 📈 Another week of volatility and stress in markets means another week of opportunities to buy into high-conviction assets: 🟢 𝗡𝗲𝘄 𝗯𝘂𝘆 : $RMS.PA (Hermes International) 0.25% of the portfolio’s equity @ €1675.00 🟢 𝗡𝗲𝘄 𝗯𝘂𝘆 : $MC.PA (LVMH Moet Hennessy Louis Vuitton SA) 0.25% of the portfolio’s equity @ €460.45 🟢 𝗡𝗲𝘄 𝗯𝘂𝘆 : $BTC 0.25% of the portfolio’s equity @ $69,028.60 As I’ve mentioned in earlier posts, luxury companies are being treated as if demand were evaporating because of the conflict in Iran. What many overlook is that luxury goods like many of those sold by $RMS.PA or $MC.PA are not comparable to standard retail products where customers can easily switch to another brand. The desire for luxury doesn’t vanish, nor can it be replaced by alternatives. It simply gets postponed. Yes, demand can temporarily soften. It happened during the 2007 financial crisis and again during the COVID pandemic. Each time, the sector not only recovered but quickly surged to new highs. This time is no different, only the narrative behind the dip has changed. Regarding Bitcoin, it held with remarkable resilience since the beginning of the war, but recent corrections are pushing it down and it reentered what I consider to be a great opportunity window. Cash holdings are now at 13.28% of the portfolio. Cheers 🥂 D.A.D $SPX500 $NSDQ100 𝘋𝘪𝘴𝘤𝘭𝘢𝘪𝘮𝘦𝘳: 𝘛𝘩𝘪𝘴 𝘱𝘰𝘴𝘵 𝘳𝘦𝘧𝘭𝘦𝘤𝘵𝘴 𝘮𝘺 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘰𝘱𝘪𝘯𝘪𝘰𝘯𝘴 𝘢𝘯𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯𝘴. 𝘐𝘵 𝘪𝘴 𝘯𝘰𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 𝘪𝘯𝘷𝘰𝘭𝘷𝘦𝘴 𝘳𝘪𝘴𝘬, 𝘢𝘯𝘥 𝘱𝘢𝘴𝘵 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘥𝘪𝘤𝘢𝘵𝘪𝘷𝘦 𝘰𝘧 𝘧𝘶𝘵𝘶𝘳𝘦 𝘳𝘦𝘴𝘶𝘭𝘵𝘴

Not investment advice. The author may have financial interests in the mentioned instruments.