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We Study Billionaires - The Investor’s Podcast Network cover image

TIP659: Hermès Stock Deep Dive w/ Shree Viswanathan

We Study Billionaires - The Investor’s Podcast Network

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Luxury: The Harmony of Ordinary and Extraordinary

Luxury has faced moral condemnation throughout history, from ancient Greece to modern political discourse, yet it remains a significant and expanding sector globally. The concept of luxury is more deeply rooted in European and Asian cultures, while it is relatively recent in the United States. Numerous definitions of luxury exist, with Bernard Arnault's perspective encapsulating the essence: luxury represents the ordinary of extraordinary people and the extraordinary of ordinary people, highlighting its intrinsic connection to both exclusivity and accessibility.

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