It’s no secret that consumers around the world are getting more physically active. In the past, companies like Nike, Under Armour, and Lululemon have been the major beneficiaries of this trend, but rising valuations have presented enormous opportunities in other, less likely areas of the market. Nick Griffin, Chief Investment Officer at Munro Partners, discusses one sector, growing at 140% of its previous peak, that even Berkshire Hathaway couldn’t resist.
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Were caravans ever uncool? :-) I like your thinking Nick. Thanks for your input on the population becoming more active, makes a lot of sense as an investment thesis if you can find the right companies. (Side Note: I must confess, I am a 45yo caravanner with a young family who also owns two Thule hike bags, a Thule bike rack for the car and Thule roof racks).