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.
3M had a big run-up at the end of the week due to some news regarding a first settlement of at least 10 billion. Is now the time to buy? We do a bit of a deeper dive into those litigations to really understand if the path is clear for 3M's recovery.
What's more in this episode: our thoughts about Target and their #GoWokeGoBroke failure. Does this provide an attractive buying opportunity?
Last but not least, many listeners questions ranging from our thoughts about stocks like $LOTB, $JNJ, $ABBV, $ROG to our opinion about whether beating the market should be a dividend growth investors goal.
Having said that, it's a jam-packed show, and as always, C U on the inside!