tag:blogger.com,1999:blog-9031526429482744032.post3528914352527318381..comments2024-03-27T08:05:06.228-07:00Comments on Don't fuck with Donville: Marriott: A symbol of a market that's wrongPenetratorhttp://www.blogger.com/profile/01670644029306203741noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-9031526429482744032.post-18003606739760727812020-09-23T07:24:01.701-07:002020-09-23T07:24:01.701-07:00just read an article on bloomberg about Asian peop...just read an article on bloomberg about Asian people investing in whatever they can and with margin because they believe with that they can buy a house.<br /><br />I do not laugh at them. Their situation as explained in this post:<br /><br />https://es.noticias.yahoo.com/mileniales-pobres-recurren-acciones-hacerse-184928813.html<br /><br />spanish but i suppose you can translate it.<br /><br />Anyway, the reason of this wild illogical market behavior as you might have noticed was very likely to be related to access to credit for investing and low costs from brokers.Arcturushttps://www.blogger.com/profile/15948510914042632784noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-74533999556870839012020-05-03T11:39:43.260-07:002020-05-03T11:39:43.260-07:00Before the crisis, Marriott's growth was good....Before the crisis, Marriott's growth was good. I'm not so sure about the effect of AirBnB on middle-upper class hotels. Penetratorhttps://www.blogger.com/profile/01670644029306203741noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-41740254599116680652020-05-02T07:31:27.158-07:002020-05-02T07:31:27.158-07:00A DCF model would reduce valuation by (6%) if reve...A DCF model would reduce valuation by (6%) if revenue went to zero for a year. But some of this loss would made up with the risk free rate now basically 1%. In summary, long term valuation models see short term issues as a blip.Edutraderhttps://www.blogger.com/profile/11152124371486503665noreply@blogger.comtag:blogger.com,1999:blog-9031526429482744032.post-5903990505118969162020-04-30T14:07:02.380-07:002020-04-30T14:07:02.380-07:00Another reason why Marriott shouldn't be sold ...Another reason why Marriott shouldn't be sold for more than 10-12 times, the disrupting effect of Air BnB. Even people on business trip are using Air BB instead of conventionnal hotelDriveshoehttps://www.blogger.com/profile/07688418865776040160noreply@blogger.com