Exploring Lululemon's recent strong quarter, overseas growth in places like China, and expansion into new product categories like men's running and casual shoes. The chapter discusses the challenges of building the brand globally, with a focus on unaided brand awareness and concerns about potential distractions from their core business. The conversation also includes a comparison with Nike and delves into the company's valuation and long-term growth potential.
If you own an S&P 500 index fund then about 20% of your money is in Microsoft, Nvidia, and Apple.
(00:21) Asit Sharma and Ricky Mulvey discuss why big tech is driving the market, earnings from Lululemon, and mindset advice for new investors.
Plus, (17:05) Mary Long interviews Tom Steyer, author of “Cheaper, Faster, Better: How We’ll Win the Climate War” about advancements in green tech.
Companies discussed: AAPL, NVDA, MSFT, LULU, CAVA, CRM
Host: Ricky Mulvey
Guests: Asit Sharma, Mary Long, Tom Steyer
Engineers: Dan Boyd, Tim Sparks
Public.com disclosure: A High-Yield Cash Account is a secondary brokerage account with Public Investing, member FINRA/SIPC. Funds from this account are automatically deposited into partner banks where they earn a variable interest and are eligible for FDIC insurance. Neither Public Investing nor any of its affiliates is a bank. US only. Learn more at public.com/disclosures/high-yield-account
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