The Intrinsic Value PodcastPublished 2026-10-11
“Hermès and LVMH Stock: Time to Buy Luxury?”
$BRUNNo side taken
BRUN is not a perfect comp for MS due to smaller size, ongoing store expansion, and lack of Asian presence.
I believe you mentioned a company called Brunello Cuchinelli. Last time we discussed Hermes. So how are they fairing?
Yeah, that's the sort of brand that I mentioned when I said you can spend $1,000 on a t-shirt if you feel like it. And at that price, you have certainly priced out all the aspirational buyers and you only left with the probably top.1% to be honest.
But perhaps that's also why Gujunali was unfaced by the recent struggles in the luxury market and just kept growing nicely.