The Intrinsic Value Podcast 对 $ABNB 的判断变化

2026-08-20
《Ranking SaaS Best Buys Today and Long-Term + Watchlist Review》
ABNB拥有强劲的长期投资逻辑(网络效应、增长),但目前估值过高;建议持有但不再加仓。

我们是不是应该做 Airbnb,因为我认为那会很快,因为它只是我们最大的投资组合持仓之一。我们应该说,他们刚刚发布了财报,不久之前,市场喜欢这些财报。

Should we do maybe Airbnb because I think that should be quick simply because it's one of our largest largest portfolio holdings. Um, we should just say I mean they just released earnings um not too long ago. Um, the market liked them.

我认为主要原因基本上是夜数和服务的增长重新加速,或者预订的夜数和服务,因为如果你同比比较,你会看到 3 月 26 日增长 9%,而 2025 年 3 月是 7.9%,然后 6 月显著从 7.4% 到 10.3%。

我认为这主要是市场如此喜欢这些结果的原因,因为你需要重新加速。

I think the main reason has basically been this um you know the reacelerated growth in nights and services or nights booked and services because if you compare that year-over-year um you would see March 26 9% growth um compared to you know March 2025 7.9 and then in June significantly 7.4 to 10.3%.

I think this has been primarily because um of why the market liked the the results so much um because you needed reaceleration.