Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
27 Jun 2023 Acquired Porsche (with Doug DeMuro)
“I also think that even as we're heading into a more depressed macro environment in the past few years, I suspect Porsche will be more resilient in their growth than other luxury brand manufacturers.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 27 Jun 2023
- Publisher
- Acquired
- Episode
- Porsche (with Doug DeMuro)
Transcript context
…That's actually my whole bull case. Yup. I think they're strong. As they electrify the rest of their lineup, strong bull case for revenue growth there. I also think that even as we're heading into a more depressed macro environment in the past few years, I suspect Porsche will be more resilient in their growth than other luxury brand manufacturers. so I give it a seven on revenue growth potential. I basically agree with you numerically. I've won it on them versus other luxury manufacturers. It's depends how you define luxury. I think they'll fare better than Mercedes and BMW in a downturn and way worse than Ferrari. I think they're in this interesting place. It's like Louis Vuitton. They have some cash-sensitive buyers.…
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