Barriers to Entry Why have luxury goods companies like Möet Hennessy Louis Vuitton and Hermes been long-term winning companies and stocks? They create a barrier to entry to competitors through two methods. Signaling The first is signaling. What do the… Read More
Why do Luxury goods providers have a moat around their business? How do Luxury goods providers maintain their market position and their social position with consumers? They’re just selling a product, albeit; a high-quality and expensive product. In theory, a… Read More
Bonds are essentially loans. You give a company or some other entity money, they pay you interest, and eventually give you your original investment