Even the greats are susceptible

Whether we categorise it as mean reversion or mean convergence, the probability of it occurring doesn’t exempt the great companies of the world from it either.

It’s a little reminder to check where you are and what you are doing as an investor at various points of the pendulum.

Below, you’ll see the stock price of LVMH, perhaps completing it’s path back to shaking out the un-natural owners of its stock.

October 18, 2023

by Rob Zdravevski

rob@karriasset.com.au