I don’t disagree here. I don’t own either but o get your point fully on why Airbnb. They are leveraged to other assets so the largest risk is the rate at which they go away … if at all.
I do not disagree with the sentiment regarding ABNB.
Why shouldn't ABNB be worth more than HLT? They leverage other firm's assets and will churn out more cash flow over the next decade, no? ABNB can also grow top line revenue much easier than HLT. Both firms are clearly overvalued, but if you had to decide which one was more attractive to investors, wouldn't it be ABNB?
Great insight on ABNB, and as you point out, the disconnect in our marketplace on useful vs valuable. The question is, do the gamblers control the casino enough to continue to “let it ride”?
I don’t disagree here. I don’t own either but o get your point fully on why Airbnb. They are leveraged to other assets so the largest risk is the rate at which they go away … if at all.
I do not disagree with the sentiment regarding ABNB.
Why shouldn't ABNB be worth more than HLT? They leverage other firm's assets and will churn out more cash flow over the next decade, no? ABNB can also grow top line revenue much easier than HLT. Both firms are clearly overvalued, but if you had to decide which one was more attractive to investors, wouldn't it be ABNB?
Great insight on ABNB, and as you point out, the disconnect in our marketplace on useful vs valuable. The question is, do the gamblers control the casino enough to continue to “let it ride”?