Called by Equity Mates Investing Podcast on 2026-08-05
“Another company that is exposed to luxury experiences, but it isn't really pure play, but is a monopoly, is Live Nation Entertainment. So in America, but more and more globally, they dominate live events, particularly big stadium events. They own Ticketmaster. They have relationships with, like, all the big venues. If you're touring, Ticketmaster are probably taking a cut. And unsurprisingly, they have huge luxury, like a huge luxury business line in like the VIP packages and the like.”
No settled horizons yet — outcomes appear at 30/90/365 days.
Risk: max drawdown 4.6% · volatility 27.4% ann. · Sharpe-proxy -1.20