The Rise of LVMH

LVMH's stock is up by a third this year it's up 70 percent since September of last year most of that is the China reopening and the hopes for that. The real secret to success for LVMH is its diversification not just the 75 brands that it owns but also the geographic diversity. We could see a slowdown this year from the incredible growth that we had in 2021 and 2022 but if anyone owns this space and it's going to be the most stable it'sGoing to be LVMH.