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Expert: Wayne Jones - Low activity investing

Equity Mates Investing Podcast

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Levisa, a Discount Jeweler?

The third stock in your portfolio is Levisa, a discount jeweler. The company has an 80% gross profit margin and about 20% profit margin. They now have about 650 stores and 150 of those are in Australia. If I had to pick one stock which might surprise me over the next 10 years, LaVise would be the one. It's like fast fashion for jewelry. Really? Just get it cheap, get it out the door, new things coming in and out.

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