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Investing in the Finer Things in Life: Opportunities in the Luxury Segment

“Right now only some people get to live in big houses, travel widely, and buy lots of nice things, but many more people want the same opportunity. The global economy has a good track record of turning this desire into reality.” ~ Knight Frank, Wealth Report 2022

On April 24, 2023, LVMH ($LVMHUY) became the first European company to surpass the $500 billion market-cap milestone. The stock has been on a tear in 2023, rising almost 30% YTD as of this writing. It’s not hard to see why—after r...

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