Telescope Investing

My Portfolio / Every company I’ve owned /

$ABNB · Airbnb

My position from Aug 2021 to Aug 2024 · 1 buy and 1 sell · sold out · Flexible working

$100$150$20020222023202420252026BuySellMy average costAfter I sold
What the pick did
0.9×
The stock in pounds, while I held it; 0.9× in dollars
S&P 500, same time1.4×
What my money did
0.9×
Pounds back (sold, still held and dividends) for every pound in, after costs
Sold · all of the money in0.9×
S&P 500, same buys and sells1.4×

Every decision

  • 6 August 2024Sold

    Discretionary travel is likely to take a hit in a recession. I've seen some commentary today that Paris Olympics were great for the company as a ton of additional hosting was unlocked. My anecdotal experience (having spent the last 5 nights in the city) is that rates are well below host expectations as there was an over-supply, and this might impacts forecasts that get announced tonight. Valuation isn't a bargain, and I feel like the current fragile market might be setup to punish expensive stocks

  • 9 August 2021Bought

    No note

On the podcast and in writing

In percentages and multiples, as one portfolio. Past performance is not a guide to future returns. Nothing here is financial advice, and I may buy or sell at any time.