Leandro González-Sicilia - Multi-Generational Family Businesses, Luxury Investing, Hermès
Gentleman Speculator · Andrew Flattery and Best Anchor Stocks
Audio is streamed directly from the publisher (api.substack.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
I welcome Leandro of Best Anchor Stocks to Gentleman Speculator. Leandro is the co-founder of an investment research service and an equity analyst I deem worthy of paying attention to. We discuss the value of multi-generational family businesses, focusing especially on Hermès. Despite challenges, there is a small subset of public companies where being family controlled is a benefit. We talk luxury investing, how luxury brands are a reflection of human nature, and a contrast between European and American markets.
Leandro's work is thoughtful. He’s a deep researcher, and a bottom-up, long-term investor who avoids the noise.
01:28 Meet Leandro
08:09 Debunking Common Investing Tropes
12:26 The Timeless Appeal of Luxury Brands
15:27 Luxury and Social Status
22:58 Hermès
31:08 On Family-Owned, Publicly Traded Businesses
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.gentlemanspeculator.com