I own Coty (“COTY”) and Avon (“AVP”). In the interest of transparency, please note that I am currently long and quite wrong on both.
I have posted about Coty before. I have been planning to post a brief thesis summary and update to document my thought process (or lack thereof). Then, a few weeks ago, I came across a video of a very famous (and very articulate) professional investor essentially summarizing my thoughts on these two positions for me. Continue reading “Bill Miller Explains Why I Own Coty and Avon.”