Airbnb To The Rescue In Louisiana
The severe flooding in Louisiana has driven thousands from their homes. At least 40,000 homes have been damaged. This is a demographic disaster for those affected. At least 11 people have already died. And, for many, finding safe harbor remains a matter of life and death.
Airbnb, one of the great innovative companies of the P2P era, has moved into this space with the following announcement.
The Odey Special Situations Fund declined - 0.3% in November, according to a copy of its monthly investor update, which ValueWalk has been able to review. Following this performance, the $94 million fund has returned - 12.4% year-to-date. It remains 2.16% ahead of its benchmark, the MSCI World Index, for the year. In the November Read More
Can we learn from this experience? The private sector is about public service. What is called the public sector is bogged down, orders people around, overutilizes resources, and, too often, doesn’t get the job done.
This article was originally published on FEE.org. Read the original article.