I welcome Leandro of Best Anchor Stocks to Gentleman Speculator. Leandro is the co-founder of an investment research service and an equity analyst I deem worthy of paying attention to. We discuss the value of multi-generational family businesses, focusing especially on Hermès. Despite challenges, there is a small subset of public companies where being family controlled is a benefit. We talk luxury investing, how luxury brands are a reflection of human nature, and a contrast between European and American markets. Leandro's work is thoughtful. He’s a deep researcher, and a bottom-up, long-term investor who avoids the noise. Great Indoors - John Mayer01:28 Meet Leandro08:09 Debunking Common Investing Tropes 12:26 The Timeless Appeal of Luxury Brands15:27 Luxury and Social Status22:58 Hermès31:08 On Family-Owned, Publicly Traded Businesses This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.gentlemanspeculator.com