Bernard Arnault Tracker

@ArenaManCapital What's more interesting is the website raiaai.com It's an CSU company.

$CSU.TO has an AI podcast with 500k subs called The AI Guys. Literally never heard about it until today. Pointed out to me by a friend (can't seem to find your handle, or else I'd give you a h/t).

@CapexAndChill Their payment platform MercadoPago charges Usury rates to their customers, 300-400% APR.

Argentina has such a big contribution largely because $MELI's fintech is so dominant in the region. There is also a low credit penetration relative to the other regions. As they build out the credit portfolio in Argentina this could fall because of the accounting around provisioning. Fulfillment penetration is also only ~22% so less inventory on standby. Some fx tailwinds to consider as well

If you own $CSU, you should be able to answer this question. AI can now clone any niche software product for almost nothing. So why can't anyone touch their 70,000 vertical markets? If you can't answer that, watch this.

Lots of great things to come! $TSLA vote.

Tomorrow at 2:30 p.m. ET: Chair Powell hosts live #FOMC press conference: federalreserve.gov

Grocery prices 2019 compared to todays!

This is a very superficial analysis. Your chart is on a linear axis, which hides growth-rate changes. Put M2 on a log scale (slope = growth rate) or just look at the rolling rates: • 12-month M2 growth fell from ~171% in Dec-23 (Milei’s start) to ~58% by Jun-25. • 6-month M2 growth dropped from ~107% (≈330% annualized) in Dec-23 to ~13% (≈28% annualized) recently. That’s not “roughly the same rate”—it’s a dramatic deceleration that a linear chart masks because the level is so high. Also, the monetary base (M0) has been kept broadly flat. The reason M2 is still rising (though much more slowly) is that bank credit and intermediation are finally restarting after years of being moribund—i.e., the money multiplier is recovering even as base money stays anchored. CPI disinflation reflects more than output gains: it lines up with slower money growth, a steady base, and shifts in money demand/velocity under deregulation.

US pays 0% tariff is not true. One big difference is that the EU members have a VAT where as there isn't one in the US. When US goods are imported into the EU, member states charge a VAT. Where as in the US, there isnt a federal VAT on imports, and state level sales taxes are also significantly lower in Europe.

The US COMPLETELY fleeced The European Union today, and I am here for it! 🇺🇸 We pay 0% tariffs, they pay 15% and they are investing $600 BILLION into our economy, buying $750 BILLION worth of energy, plus buying more military equipment from US companies??? Holyyyy, America for the win!!! RAHHHH. 🇺🇸 🦅

Trump: "I could announce 50 to 100 deals right now because I'm the shopkeeper and I keep the store. I know what countries are looking for and I know what we're looking for and I can just set those terms and they can go shopping or they don't have to go shopping, because everybody wants to shop here."

SCOOP: the head of LVMH’s business unit that operates the Sephora beauty chain and Parisian department stores is set to leave the luxury group, according to people familiar with the matter. bloomberg.com/news/articles/… via @luxury

Italy raided factories & found that Armani and Dior bags are made by illegal Chinese workers in Italy who sleep in the workshop and make €2-3/hr. Both companies have been placed under Italian court administration. Dior paid a supplier $57 to assemble* a handbag that sells for $2,780 Armani bags that were sold to consumers for €1,800 cost €93* to make. (These don’t include raw materials costs) People often wrongly conflate higher prices for higher ethical standards.

Inside the Arnaults’ Richemont investment and the paterfamilias’ magazine treatment. From @lapresmidi puck.news/does-bernard-a…

LVMH announces the acquisition of L'Epée 1839, a prestigious Swiss manufacturer of high-end clocks and authentic 'objets d'art' featuring exceptional mechanisms and intricacies. #LVMH #LVMHWatches

By profit, jewelry is even more dominant at Richemont. Cartier (& to lesser extent Van Cleef & Piaget) accounts for 100% of profits. These brands & the huge opportunity in branded jewelry is what Arnault & LVMH openly covet. $CFRUY $LVMUY $HESAY

@dividendpaydate If you are new to LVMH remember to request your Shareholder Club access and look out for the printed annual report. It is a piece of art.🖼️

@ArnaultTracker Can't wait for my first $LVMH dividend

LVMH €13 dividend approved! €7.50 to be paid next Thursday $MC $LVMH $RMS

Ex dividend day! LVMH would like to remind you that the « Last trading day with dividend rights » event will take place on April 22, 2024. Dividend payment €7.50

Charlie, individual shareholder.: This is the 27th time l've attended the AGM. I'm very happy to be here. And I'm also an admirer of you, Mr. Arnault and your amazing entrepreneurial career that France should be proud of. And this leads me to my first question. What advice would you give to an entrepreneur? And what advice especially would you give on things not to do? Bernard Arnault: Well, advice, I mean, it's difficult to give advice a bit like stock market advice. When you give a tip, if it doesn't work, then people are disappointed. So what I can say is that in business, l've always tried to follow a persistent attitude, even if people give you advice ... including my advice when people give you advice that often varied, not always useful to listen to that. All of you here know that it's difficult to convince me to do something. And so for the time being, touch wood, it's worked rather well. So you need to have ideas and stick to those ideas, not really to listen too much to people's views. $MC $RMS $LVMH

« Persistence » When Bernard Arnault was asked for business advice at the LVMH Annual General Meeting $MC $RMS $LVMH