LVMH Is Dropping In Price And I Am Buying In 2024


Source: seekingalpha.com seekingalpha.com

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TBE Dear readers/followers, Do you recall my investing in LMVH (OTCPK:LVMUY)? This investment, because of my low overall cost basis, has been significantly outperforming many of my other investments. It hasn't reversed as much as I expected it to. In fact, it has underperformed many larger indices and stocks, alongside many other French stocks that I've invested in. Over the past 2 years, I've increased my exposure to French luxury and French stocks, as well as European stocks in a big way. This is part of the reason why my outperformance for 2023 isn't as big as it could have...