RD2WINAGNBEAR86 said:
One-Eyed Wheeler said:
I have no inside information and this is pure speculation on my part, but this stock seems to be the perfect fit for Berkshire Hathaway. Buffett didn't buy Tiffany's when he had the chance and LVMUY did, so there is that. But LVMUY seems to fit so many of the criteria Buffett looks for that it seems one day he, or his successor, would buy it. Bernard Arnault is a huge Buffett fan but he's about 20 years younger than Buffett so he probably has no interest in selling to Buffett, but who knows!
Prove me wrong.
If you think Louis Vuitton is such a spectacular stock with growth potential, why don't you buy it? Why do you want Berkshire Hathaway to buy it? Just curious.
Chat boards are curious things. I post a question and instead I get someone asking why I don't buy the stock (as if they know anything about me or whether I actually I own the stock or not) yet they don't answer my question. Then on top of that they make a leap to assume I want Buffett to buy the stock when I made no such suggestion.
Chat boards bring out the weird.
P.S. I don't think LVMUY has great growth potential in the future, the market does. It's already clearly shown that in the past.