Called by Equity Mates Investing Podcast on 2026-08-05
“They've had sixteen consecutive quarters of falling sales growth. And in the last five quarters, at least for this chart, goes to the end of twenty twenty five, it turned negative, the sales growth. But in December 2021, they were growing at 44% year on year, then 37%. Like, these are huge numbers. You know, like, you grow 44% year on year, you're doubling every two years. But as China slowed in particular and a lot of that sort of aspirational consumer felt the pinch, the sales growth was down 17%, 13%, 9%. And then in 2024 and 2025, it's actually going backwards as a conglomerate. And, you know, December 2025, it was minus 5% year on year growth.”
No settled horizons yet — outcomes appear at 30/90/365 days.
Risk: max drawdown 5.4% · volatility 59.6% ann. · Sharpe-proxy -0.34