Intern Pierre

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Intern Pierre

Intern Pierre

@internpierre

Luxury & markets analysis without the PR gloss. On-the-ground channel checks from Monaco to Madison Ave. Coverage includes LVMH, Ferrari, RH, Hermès, Cucinelli

Monaco Katılım Ekim 2023
725 Takip Edilen4.9K Takipçiler
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Intern Pierre
Intern Pierre@internpierre·
I asked a former Tiffany employee a direct question on a recent call: Are luxury brands sending employees into Russia to maintain client relationships during the war? Their answer was two words. A thread on $LVMH, Laopu Gold, and what Bernard Arnault is not telling you 🧵
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Daily Mail
Daily Mail@DailyMail·
Indian billionaire and his Bollywood star wife 'buy up five flats in Notting Hill block to turn into servants' quarters for their £21million mansion - and threaten to turn them into social housing if neighbours complain' trib.al/BjPZr22
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Intern Pierre
Intern Pierre@internpierre·
As a European, you can have a balance of wanting to have a life outside of work with family / friends & not being obsessive over money but still wanting to do well. Look at all of the Meta people who were laid off they made their job their life & look what happened… at then end of the day you’re just a number
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Vuk Vukovic
Vuk Vukovic@wolf_vukovic·
Europeans think that Americans only care about money. They do. They have to. It’s embedded in the system. Americans think Europeans are not hard working enough. They don’t have to. This too is embedded in the system. Read the whole thing to understand why this is 👇
Vuk Vukovic@wolf_vukovic

x.com/i/article/2022…

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LinkedIn Lunatics
LinkedIn Lunatics@LinkedInLunat1c·
Did I happen to mention we flew Business Class?
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Intern Pierre
Intern Pierre@internpierre·
@WSJ lol pretty crazy they’d give that whack job a change of control clause
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The Wall Street Journal
Charlotte Tilbury, the cosmetics entrepreneur, has played a key role in derailing a multibillion-dollar deal that sought to add her eponymous brand and others to the Estée Lauder empire on.wsj.com/4nIXhur
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Fraley
Fraley@Fraley16·
@daphnebarret_ @internpierre Indeed. As a Brit, I know the French aren’t the most endearing towards us and I know we don’t have the greatest rep abroad but after going to the SoF for 15 years the number of Yanks is terrifying. It’s one big instagram shoot for them with the caption “Euro summer!”.
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🦐@langostin0perez·
Imagina soltar 500€ por una entrada VIP para Bad Bunny y tirarte 3 horas como una sardinilla en lata oliendo sobacos ajenos La gente nunca dejará de sorprenderme 💀💀💀
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Intern Pierre
Intern Pierre@internpierre·
@Simon111xyz lol I’m not jealous at all. I my just gets annoying when some “influencer” is doing a full on photoshoot when you’re trying to enjoy a meal or drink
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Simon111xyz
Simon111xyz@Simon111xyz·
@internpierre So bitter and jealous. We have the Interwebs now, we don’t need you.
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Moe
Moe@vvsmoe·
there is no worse car you could have bought than the Ferrari SF90, if your goal wasn't to light money on fire. i know a dealer with TWO delivery mileage SF90s since 2022 on their lot
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Mambo Italiano
Mambo Italiano@mamboitaliano__·
“Drowning” gelato in coffee might be one of the most delicious inventions Italy ever gave us! Affogato 🇮🇹☕️
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Csaba F
Csaba F@F__bravo·
@internpierre I’m a new follower, I’d never have guessed that you worked in the French hospitality industry, but you‘re a natural :D And right on.
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Intern Pierre
Intern Pierre@internpierre·
@mnlyte @levelsio I’ve been writing about it for years (I’ve been long). If you’re married ask your wife if she’d rather receive a bag from Hermès or Louis Vuitton as a gift and you’ll have your answer! Here’s the link to some notes if you’re looking for bedtime reading: open.substack.com/pub/internpier…
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@levelsio
@levelsio@levelsio·
This is exactly what happened to Hermes this year, too many people went on TikTok about it and it tanked the stock and the value of the bags It's not a status item anymore if everyone has it!
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timdam@Tim_Damasc

@levelsio Maybe it's the internet and influencer culture that got low status people in it too fast and ruined the brand's image. They spread too thin too fast

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Market Sentiment
Market Sentiment@mkt_sentiment·
At age 25, you give your hedge fund manager $100K to manage, and he produces an annual return of 8%. Assuming a 1.5% management and 20% performance fee, by the time you retire at 65, you will have $764K But the manager will have $1.24M (at zero initial investment!)
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Acquired Podcast@AcquiredFM

1% of assets sounds small. But if you're compounding at 7% per year, a 1% fee actually costs you 14.3% of your returns each year. Here's a chart illustrating the idea we talked about on our Vanguard episode.

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