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Yesterday, hermes $RMS' market cap surpassed $LVMH's for the first time ever. $279B.
Source: Quartr
Types of competitive advantage.
Nice pic by @Invesquotes thru Brian Feroldi
Chart for future history books...
Source: Michel A.Arouet, Bloomberg
AMERICA STILL RULES BILLIONAIREVILLE—BUT LOOK WHO’S CLOSING IN...
The US has 902 billionaires in 2025, holding the crown as the planet’s top luxury zip code for the super-rich. But China (yes, including Hong Kong and Macau) isn’t exactly playing small—it’s up to 516 and catching up fast. India’s creeping in with 205, while the rest of the billionaire club is scattered across Europe, Russia, and a few surprise players like Brazil and Canada, each with 56. Moral of the story? The money’s global—but it mostly speaks English and Mandarin. Source: Statista thru Mario Nawfal
The only person that can lose you money in the stock market?
Yourself. Source: Compounding Quality
Just a reminder that this story was leaked on Monday, and then denied by the White House.
Source: James Chanos @RealJimChanos
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