I got a lot of issues with the last post I did about a company I’ll never buy :
Never Buying Spotify, Neither Netflix
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📍Berkeley, at a coffee shop. I am starting to write the introduction of my book and you show me your phone screen and ask me:
So I am doing it again!
Investment Thesis (the base case)
Lululemon is a retail success story: high margins, loyal community, a quasi-religious branding around “chic wellness.” The problem? The levers are exhausted. Historical growth rested on two pillars: geographic expansio…
