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He has impressive qualifications and is a really talented individual

I am sure I saw his name hailed on Business Standard

Bernard Spenser actually plays a key part in my finances currently

i had no idea that folks in here even knew him

never for once have i regretted my experiences with him

YAH BOTH ARE WORTH 600 MILLION EACH

@@jingojingo1 No, that's other people's money. And those "other people" are stupid to invest with these bums.

@@loveanimals-0197 you think so? Then how you explain the money invested growing? Its not decreasing? Are you saying she runs a ponsy scheme?

It’s sad that’s the way you think

@@billykhoabillykhoa7844 maybe you’re right and perhaps I should reflect on that. I just think Guy took the “be lavish with your praise” advice from dale carnegie and took it too far, passed the point where he’s sacrificing his own dignity. Mohnish does the same thing to Warren and charlie.

@@sillyhead5 if a person is deserving of praises, I don’t see how you would lose your dignity by praising them.

@@billykhoabillykhoa7844 I agree. I'm not against praise. I do plenty of it. I'm just saying there's a point when it becomes too much and it starts looking like you're submitting to them in a way that makes equality (of the sort that partners and friends need) impossible. That's what I'm noticing Guy Spier doing every time Mohnish's name comes up. This is just the latest example.

IMO, I guess you are have some respect for Guy in a sense, and you dont like to see someone you respect seem to be surbodinate to the others. But I think you just too sensitive. Why Guy, or you, or me have to be care to show "leadership" somewhere or with someone, the importance is inner scorecard, do we think we do good enough ourselves? And I think Guy confident in what he has done and will do, that's good enough. Other than that, some people have conservative style, some "shy" style, some humble, some little bit "arrogant", I think all should be acceptable as long as it doesn't impact one"s rationality

With increased rate of earning what should a human buy 1) food 2) clothes 3) house 4) vehicle I may be wrong but it goes like that

@@ashishmohan550 food and clothes are easier to buy when you control and set your own housing cost, and not at the whim of a landlord

I know this lady you just mentioned. Evelyn Infurna Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Evelyn Infurna has demonstrated expertise in investment strategies n has been involved in managing portfolios and providing guidance to clients.

I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here

This is interesting. I heard a lot about the same person not long ago, please how can I contact her?

Well the name is 'Evelyn Infurna'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.

Wow. 10x FY PE and 6.67 EV/EBIDTA. If they recover margins really cheap

@@JakeAllen3 Grown 19% CAGR for 8-yrs to 2023. They set a 5 year plan to double revenue from YE23 and similar with EBIT. Highly concentrated in Swiss Luxury watches, mainly Rolex at 50% of sales (closing in on 10% sales for Rolex Certified Pre-owned). The Swiss Watch market exports have compounded 4-5% a year for many decades, and WOSG have taken share in the UK and U.S. They have their strongest pipeline of new showrooms. Any growth at all over a few years should also reset the P/E multiple. In my opinion, if they achieve just 60% of their 5-year plan to YE28, with just stable margins from YE23 instead of an increase, it's over 25% IRR

Gonna do some more work on this name. The only thing that scares me (and the market obviously which is why this may be cheap) is Bucherer. Any thoughts? Rolex 50% of sales, huge headwind if wosg slowly loses share of Rolex supply Rolex claims no changes will happen: “This is not a strategic move into retail by Rolex. This is the best-judged reaction to the succession challenges of Bucherer SA. There will be no operational involvement by Rolex in the Bucherer business. Rolex will appoint non-executive board members. There will be no change in the Rolex processes of product allocation or distribution developments as a consequence of this acquisition.” They clearly are incentivized to collect the entire profit selling through Bucherer, but on the positive side, Rolex does not want to do anything to hurt their retail relationships / introduce unneeded risk on a killer business Impressive how they’ve maintained growth recently. The margins held up well except for the past 2 quarters, but US state tax changes was a lot of it. Mgmt expects 50-150bps of improvement over time, huge boost to bottom line if that materializes One site shows 8.2x FWD PE. If they continue growing and double EBIT by ‘28 as planned it likely trades back to 15x EV/EBITDA or $1800/share rough 44% annualized. Haven’t done work on downside, but valuation is already below covid lows Impressive results so far, expanding market share: FY15 to FY23: - Revenue CAGR +19.3% - Adjusted EBIT CAGR +43.6% - Return On Capital Employed (ROCE) of 27.9%, FY15 to FY23 increasing by +21.2%

@@JakeAllen3 As you mentioned, the main worry is the Rolex relationship, so I spent some time in this: The main focus therefore was on evidence for and against Rolex doing this. The only evidence for Rolex wanting to bring retail in-house is their purchase of Bucherer, which if the current owner had someone in the family to succeed him, wouldn’t even be a point. Rolex didn’t go out of their way (as far as I can tell) to buy a large dealer as part of a new plan to bring retail in-house, instead it seems likely to be (nearly) entirely motivated by just keeping Bucherer out of the hands of a luxury fashion rival, when the current owner was looking to sell. However, for arguments that Rolex and WOSG will keep their strong partnership, there are many: WOSG is the largest Rolex AD in the UK and the U.S They have a 100 year partnership selling Rolex, which itself respects longevity and generational change. As stated in their YE24 report, WOSG have their strongest ever lineup of new showrooms including Rolex, out to YE26. Each new showroom is individually approved by Rolex. Why would they be approving a record level of new showrooms if their plan was to suddenly take away WOSG as an authorized dealer. WOSG’s long term plan going to YE28 was also fully discussed with Rolex, after the Bucherer announcement. Rolex is strongly incentivised to provide WOSG with more supply, so they can in turn invest in better showrooms in more prestigious locations for Rolex showrooms, a win-win. Rolex also works with WOSG on their service and marketing, so it’s already co-working with them on all aspects of retail. Rolex is building new manufacturing capacity, which a) takes capital, b) the new supply needs new showrooms to sell in, making it even less likely for Rolex to want to build out a whole retail operation to replace their current Dealer's at the same time. Rolex is owned by a Trust, and think in generation terms, making slow changes generally. They are private, so don't need to show constant new growth plans to the market. This alone would tilt more towards not shifting suddenly towards all in-house retail Overall, unless I see further evidence of change such as insider gossip or new WOSG/Rolex showrooms being cancelled, old ones not being renewed or supply given to WOSG being seemingly weak for multiple quarters in a row, I believe the current facts point to buisness as usual. The great bit about the current valuation however is that it's almost suggesting that WOSG will lose most of it's Rolex sales somehow. Even if all new Rolex sales were lost overnight (which I don't see happening), it would trade at around 18x FCF (pre-growth CapEx). From there, it could likely grow going forward still, so the valuation in a few years time would likely be flat/slightly down at worst in my opinion

appreciate you! I agree; the structure of Rolex means they think long-term - simply put, it would be stupid for them to mess up a perfect business, and I'm not going to assume they are lying in their statements. Just the main risk to watch going forward, should Rolex go DTC (unlikely) or cut partnerships. Bucherer only ~6% of Rolex sales WOSG estimated ~10%. Bucherer owns private Tourneau, so they have a large US footprint, but this competition is nothing new, and Rolex has always had leverage. They paid 1.5-2x rev for Bucherer, so the bidding must have been hot, as it will be for WOSG if they sustain their growth and capital efficiency Another interesting stock in this theme I came across is AGS.SI, 3x EV / EBITDA with impressive steady book growth, Asian company, poor visibility, now reducing share count, cheapest since 2014 (as far back as I've read annual reports, mgmt impresses me here as well), if they get any cheaper, it could be undeniable, nearing book value

I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

This sounds so good and I would like to be a party to it, is there any way I can speak with her?

After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

You can subscribe to his mailing list on his aquamarine fund site.

@@Martin.-power-of-compound I tried doing this twice and it does not go through

@@joeindo9174 have you tried another email? I had a problem with my old email address, then I used Gmail and it worked