"RH has outperformed Apple, Amazon, Google, Facebook, Nike, Starbucks, LVMH, Home Depot, Hermes, and just about everyone else, but Tesla."
Warren Buffett’s best-performing stock over the past three months isn’t Apple or Amazon. The billionaire investor and Berkshire Hathaway CEO’s biggest gainer is Restoration Hardware, a luxury-furniture seller whose shares have more than doubled in value since the start of May. Buffett’s second-best performer over the period is StoneCo, which […]
After Black Friday and Cyber Monday kicked off the holiday shopping season, investors are betting against a number of key retailers, data from financial-analytics provider S3 Partners show. Investors are also betting against the entire retail industry by shorting the SPDR S&P Retail ETF. 2019 has been a tough year […]
Warren Buffett invested more than $US200 million in a fancy furniture retailer with a boss who has a history of quoting the legendary investor. Buffett’s Berkshire Hathaway conglomerate bought $US206 million worth of shares in RH last quarter, according to a SEC filing. “As Warren Buffett said, if the skies […]