Evidence receipt / uncertainty
Published · transcript-backedDavid Rosenthal: uncertainty
21 Feb 2023 Acquired LVMH
“As Boussac is going down the tubes, they start trying to sell off pieces of the empire, monetize, and do anything they can. I don't know that Boussac really cares about saving the company.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- uncertainty
- Recorded
- 21 Feb 2023
- Publisher
- Acquired
- Episode
- LVMH
Transcript context
…By the way, how great is it that the Boussac empire is a textile manufacturer just like Berkshire Hathaway before Warren Buffett sees the attractive opportunity to come in and buy it? It's amazing. All the parallels to so many other great business stories we've told on Acquired, they're all here in the LVMH story. It's amazing. As Boussac is going down the tubes, they start trying to sell off pieces of the empire, monetize, and do anything they can. I don't know that Boussac really cares about saving the company. Maybe he does, but he cares about saving his fortune. Right, get as much value out as possible.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.