Not Investment Advice 211: NIA 4th Year Anniversary, Tariffs (Bond Yield, Apple/China), LVMH vs. Hermes, Rory Win & Best Comeback Stories
Apr 16, 2025
Celebrate four years of podcasting with the hosts as they reflect on memorable moments. Dive into the tangled web of U.S.-China trade relations and its effects on major brands like Apple. Explore the rivalry between LVMH and Hermes, including discussions on luxury marketing. Relish inspiring comeback stories, featuring Rory McIlroy's triumph and the lessons of resilience from various fields. With a blend of humor and insight, there's plenty to unpack about craftsmanship, storytelling, and market volatility.
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Episode notes
Hermes: Costly, Not Expensive
- Hermes views its products as costly, not expensive; cost reflects quality and attention to detail.
- Expensive products fail by betraying buyer expectations despite high prices.
Sailor Episode Running Joke
- The podcast's funniest moment was the "Sailor" episode, a running joke within their chat for 18-24 months.
- It symbolized the early, informal nature of their podcast beginnings during COVID.
Tariffs Reveal US-China Complexities
- Tariff strategy is muddled, juggling reshoring, trade equalization, and countering China, making it chaotic and unfocused.
- China remains resilient, ready to escalate tariffs, signaling a deep US-China trade conflict underway.