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Shares of $MC.PA-3.6% are still falling. They're already down 11% for the year, which I think creates a pretty interesting opportunity. $MC.PA-3.6% is one of the largest positions in my portfolio and I'm currently overbought.
Are you overbought on $MC.PA-3.6%as well ?
LVMH
MC.PAThe $META+0.4%results are great, but what about the Reality Labs segment? Do you trust it? For now, it's just a money incinerator. As of the end of 2020, the Reality Labs unit has generated cumulative losses of approximately $50 billion!
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It's simply a bet on the future. If it works, it will come back quickly, but for now, shareholders will have to suck it up.
It's a classic and luxury will always be bought, but... CHINA... we have become too dependent on it and the comrades are haunted... Enough with the western decadence... You will drink the Rice brandy... Cognac is anti-human.