When we become the new Warren and Charlie, when they're talking about EDG and Derek as the new Warren Buffett and Charlie Munger that's when I buy a yacht. Dazie Morki: Luxury stocks like LV, MH, Hermes, Prada, Caring or Luxury Brands are taking a bit of a beating lately on the news that the Man for entry level designer goods is dropping in the US of A. "I would struggle personally to buy these companies because I feel in my mind that they should be struggling during a recession," he says.

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