How Financial Education’s view on $RH changed

You know, RH is a great example of that, right? RH did a massive $2 billion share buyback in 2022 during the golden age of their business. Look at RH's net income at that time, right?

It was incredible. The margins they achieved were incredible. It was like, "Oh my God, this business is at its best right now, isn't it?"

For example, RH was one of the hottest stocks a few years ago and now it is one of the coolest stocks in the last 5 years. The stock has lost about 80 percent of its value.