Matthew Giampetroni
@matthewgiampetroni
Matthew Giampetroni
@matthewgiampetroni
People buying premium or even super-premium like to justify every dollar by a return on investment. Premium means pay more, get more in functional benefits. Luxury is elsewhere: it signals the capacity of the buyer to transcend needs, functions, or objective benefits.
investing wisdom and
as the bubble grows, it becomes an increasingly pure bet on a revolution

Bernard himself continuously expresses that ‘creating desire’ is the most important part of what they are doing at LVMH
The primary job of senior management is to create value over the long term.
What are you compulsive about? Is it possible to put that at the center of the platform’s activity?