Lessons from Investment Gurus

The Most Important Thing

 Successful investing requires thoughtful attention to many separate aspects, all at the same time. 
Omit any one and the result is likely to be less than satisfactory.

The idea of the most important things—each is a brick in a solid wall, and none is dispensable. 

Airbnb is leaving China. Kind of surprised that China represents just 1% of their revenues

Airbnb is closing its domestic business in China, sources say

Airbnb is leaving China. Kind of surprised that China represents just 1% of their revenues Airbnb is closing its domestic business in China, sources say All mainland Chinese listings — homes and experiences — will be taken down by this summer. https://www.cnbc.com/2022/05/23/airbnb-is-closing-its-domestic-business-in-china-sources-say.html

Welcome to the coolest profile 💥💥💥 🚀 the most

Jozhe

Excellent (from Nov) analysis of the issues Airbnb faced by doing business with China, and especially in China. the facts laid out by here give a great sense of how complicated these sorts of issues are and of how thin the needle Western companies must thread to continue doing business with China. If you read it, I guess your reaction may be like mine, which is “yeah, now I totally understand why AirBnb chose to get out of China.” 

https://www.axios.com/2021/11/30/airbnb-xinjiang-listings-sanctions-china

Excellent (from Nov) analysis of the issues Airbnb faced by doing business with China, and especially in China. the facts laid out by here give a great sense of how complicated these sorts of issues are and of how thin the needle Western companies must thread to continue doing business with China. If you read it, I guess your reaction may be like mine, which is “yeah, now I totally understand why AirBnb chose to get out of China.”   https://www.axios.com/2021/11/30/airbnb-xinjiang-listings-sanctions-china

The listings expose Airbnb to regulatory risk under U.S. law.

Airbnb hosts Xinjiang rentals on land owned by sanctioned group

Illegitimi non carborundum

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