Key insights from weekend with Jerry, Liza, Ada and Dan

25% tariff basically wiped out whatever profit margin importing from China could bring
China’s labor cost have been increasing over the past few years that it is no longer a competitive advantage
China’s main advantage is the expertise they built up over the years. A company can easily spin up 25 manufacturing lines in China very quickly
US companies are all rapidly shifting their manufacturing activities out of China
New locations are Taiwan, India and Vietnam
Chinese staff that were retained by Google are now flying to new manufacturing facilities spun up in these countries to oversee the spin up process

Real estate
- the rise of platforms like AirBnB has lead investors to seek out alternate data that can help predict short term rental yield as opposed to long term rental yield in a neighborhood
- government agencies are seeking such data to detect neighborhoods where they should focus their efforts to crack down illegal subletting on AirBnB
Sports
- being able to predict strategy coaches of football teams will employ in real time will help support strategies
- being able to predict starting line in close to real time and the corresponding outcomes will be valuable for coaches in making play decisions

Public opinion is the agenda for the ongoing protest is now getting really murky
Airport has stopped operations, it’s hard to even get in and out of the country
Foreign Chinese nationals are supportive of protest in HongKong
Topics pertaining to Taiwan, Tibet and TianAnMen massacre are sensitive topics amongst mainland Chinese
Funds of funds from Hong Kong are still very liquid