Restoration Hardware!

I started following Restoration Hardware last year. I had never been to a store, but my girlfriend and friends would talk about the store like it was paradise.

Besides the fact the they sell furniture, going to a store is an experience. I like companies to sell experiences as products.

As retail has changed due to Amazon, companies like Restoration Hardware that sell experiences seem to be thriving.

I’m not sure if Amazon will ever have a monopoly in furniture as they do in other industries. Most people want to look at furniture before they buy it and shipping it isn’t easy.

It’s for these reasons that I was interested in Restoration Hardware but was having trouble pulling the trigger on buying some stock when I received an email blast from Rob at Koyfin.

Koyfin is a fantastic free tool for you to track your stock. The charts and tools they create for you to follow stocks and the markets is fantastic.

Big shout out to Rob at Koyfin here for publishing this article back in March 2019. It was the right push I needed to pull the trigger and I was able to get in at $106. The stock hit $190 today.

https://www.koyfin.com/research/2019/03/29/good-entry-level-for-restoration-hardware-rh-stock/

The internet is an amazing place. My favorite part about it is the ability for me to get access to people like Rob who are much smarter than I am. Thanks for the tip, Rob!