The stock has historically been priced ambitiously and is considered a high-quality compounder.

“Ferrari is this premium stock and brand that's priced ambitiously for future growth”

Ferrari is a luxury company with exceptional financial characteristics, including high gross margins and strong earnings per share growth, that make it an attractive long-term investment.

“It's as luxury as luxury gets. And you know, don't think of it as as simply a vehicle maker. Automakers do not have gross margins north of 50%. Nor do they tend to compound earnings per share at more than 25% a year as Ferrari has done for the last 5 years.”