“And if you ask advertisers what is the bottleneck to spending more on meta, they will almost always say it's great creative. And so there's a path to sort of just unlocking and removing that bottlenec”
Meta's proprietary image model trained on its unique conversion data removes the creative bottleneck for advertisers, unlocking massive ad spend.
“hedge fund analysts that you're talking to aren't asking the same questions of Google's investments in AI because they have such an incredible business with Google Cloud Platform and they're able to s”
GCP's enterprise AI demand provides immediate monetization, shielding Google from AI capex scrutiny.
“Coach is on, like, a generational run. The best performing stock of the past like two years... So it's a public trade under tapestry... Tapestry just divested from Stuart Weissman. So they actually tr”
Tapestry's Coach brand is on a generational run as American luxury captures the rotation away from stodgy European brands.
“Ralph Lauren also on a tear. So you have like American Dynanism. There's American luxury... Ralph Lauren's crushing, Coach is totally crushing.”
Ralph Lauren is crushing it as American luxury brands capture a generational rotation away from legacy European fashion houses.
“I think the old stodgy LVMHs of the world, the Gucci's of the world, one, they got overexposed. Like, they really rely on the middle class... 80% of the revenue come from people making under $102,000 ”
LVMH relies on people making under $102,000 for 80% of its sales, meaning the stock bleeds as inflation chokes off these aspirational buyers.
“LVMH and caring are down like 25 and 20-ish percent... oh, yeah, Gucci's getting crushed. And it's like, yeah, it's going to continue to happen... I think it's just a generational change is really wha”
Gucci is collapsing because it overexposed itself to the middle class, drawing 80% of its revenue from shoppers making under $102,000 a year.
“Have we hit peak Timu and Shein? Oh, yeah, dude. I mean, Trump got rid of Section 321, De Minimis. That totally crushed those brands... their whole arbitrage was just flooding into America with low-co”
Temu's core arbitrage of flooding America with low-cost goods is dead after the removal of Section 321 De Minimis exemptions.
“Richemont is still tearing... you could, like Richmont owns Cartier. Cartier's having a great time. You know, they own Van Cleef. Van Cleef's still having a great time. But both of those are way more ”
Cartier and Van Cleef are dodging the luxury slump with sales jumping 14 percent to 16.5 billion euros making Richemont the ultimate high-end survivor.