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LVMUY: LVMH - Louis Vuitton Moet Hennessey


ICUMD

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Holding something 10+ years is very hard. Even harder if it's concentrated position. Even harder if it's highly volatile position. Even harder if the business is rapidly changing (tech stocks, does not apply to LVMUY). Somewhat easier if it's a conglomerate run by great operator (BRK, possibly somewhat LVMUY).

There's no easy way to find my oldest position, but likely it is NFLX from 2012. Unfortunately, I have sold 90% or so at way lower prices and this is just a remainder. 56-bagger as of today. Highest x-bagger that I have.

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