Hey Tigers!
Welcome to this week's Thursday Special!
When I saw the world's rich rank today, besides envy, all I could feel was jealousy.
Upon closer inspection, I found out that the world's richest person is Bernard Arnault, the CEO of $LVMH-Moet Hennessy Louis Vuitton(LVMHF)$, a luxury conglomerate that owns 75 brands including Louis Vuitton, Christian Dior, and Tiffany. It's unbelievable that the company is seeing record profits despite challenging market conditions, with Louis Vuitton doubling its sales in four years.
Other tech giants are being left behind.
I used to think that the hot industries were all about high-tech, which could take people to space, or that electronic technology and artificial intelligence could solve all my problems, or that the great inventions in biopharmaceuticals could save lives. But it turns out that the luxury goods industry has beaten them all with unimaginable profitability.
Today, let's talk about STOCKS/INDUSTRIES that have exceeded your expectations in terms of profitability.
For example, what is beyond my expectation is $Pinduoduo Inc.(PDD)$, which has taken a significant share of the lower-tier market and has grown faster than the other two major e-commerce platforms $Alibaba(BABA)$ and $JD.com(JD)$.
Everyone who shares a stock/industry and how it exceeded your expectations will be rewarded.
No coins for the exact same experience.
Comments
🌟🌟🌟With the ongoing Ukraine war, My best performing ETF is $Energy Select Sector SPDR Fund(XLE)$ XLE represents the Top 23 US Energy Giants such as $Exxon Mobil(XOM)$ $Chevron(CVX)$ and $Occidental(OXY)$ which have benefited greatly from the ongoing oil embargo on Russian Energy from US and its allies.
Best of all XLE ETF pays a juicy 4.22% dividends every 3 months. XLE ETF is also my tactical defensive play and a great hedge against high inflation. Despite the slowing global economy, as long as Demand exceeds Supply, XLE will be my shiny star in a sea of market volatility.
@MillionaireTiger
I did not expect $Advanced Micro Devices(AMD)$ to close above $100, it is overbought and probably will dropped soon