TIP Academy
Get smarter about valuing businesses in just a few minutes each week.
Get the weekly email that makes understanding intrinsic value
easy and enjoyable, for free.
Estée Lauder: Burry’s Big Bet
July 13, 2025 | Interestingly, Michael Burry, who’s probably just as clueless about makeup as we are, made Estée Lauder his only U.S. stock holding. That alone made us curious.
LVMH: Investing in True Luxury
July 6, 2025 | They say fashion trends come and go, but true luxury never goes out of style. In a world where technology dominates headlines and consumer fads flare up and fizzle out, LVMH (Moët Hennessy Louis Vuitton) stands as a testament to the enduring appeal of high-end goods and experiences.
Mid-Year Portfolio Review
June 29, 2025 | We’ve come across plenty of impressive businesses, but only eight have made it into our portfolio so far. I know… we’re picky. But great investing is often more about knowing when to say no than when to say yes. Each position must strike the right balance between price and value.
