“And one that has bucked the trend and is actually up year to date, Richemont. Oh, yeah. So Swiss owns Cartier, Van Cleef, Mont Blanc, a few other brands which I've never heard of. It's got a decent jewelry business and jewelry has held up well. It's actually up 5% year to date so far.”
No settled horizons yet — outcomes appear at 30/90/365 days.
Risk: max drawdown 1.6%
· volatility 14.0% ann.
· Sharpe-proxy 4.32