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It’s no surprise that Tiger Woods is also regarded as one of the greatest putters ever. Putters hold a unique place in golf blending personal attachment with performance, and if you’ve ever seen Tiger’s Scotty Cameron putter, it’s easy to tell that both of those are true. Scotty Cameron putters aren’t just any old putter though, as the highly coveted Circle T models have turned into both a collector's dream and a speculative market, with prices ranging from $2,000 to $8,000 and resale values soaring. Tiger’s use of Cameron putters, even while contracted with other brands, has significantly boosted the brand’s profile, turning these clubs into sought-after items that could even qualify as art. source : bloomberg

In 1987, Bernard Arnault created $LVMH. In 1988, Johann Rupert created richemont $CFR.SW – an acquisition-driven luxury group much like LVMH, and to date, one of Arnault's largest competitors. Richemont is now the second largest luxury conglomerate and the third largest luxury company (with $RMS being the second) in the world. The group's many prestigious maisons include Cartier, Van Cleef & Arpels, Montblanc, Piaget, and Vacheron Constantin, to name a few. Since inception, Richemont has compounded its top line at 5% per year. Looking instead at the last 15 years, the group has grown its revenue and FCF at a 6% and 9% CAGR respectively. Quartr just created this infographic, mapping out every acquisition since Richemont's inception.

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It's so simple. You spend less than you earn. Invest shrewdly. Avoid toxic people and toxic activities. ~ Charlie Munger. Source: Investment Books (Dhaval)

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