Jason Hall

It's the same way for Airbnb.

It also says to me that Airbnb, we're not afraid of the hotel industry.

Come give us some money.

Put your properties on our platform.

We'll take a little money from you.

We're still going to win.

Up next, Dan makes the case for Lululemon in the midst of growing competition and a change in the C-suite.

Welcome back to Motley Fool Money.

Over the long term, Lululemon has been a huge winner.

It's up more than 15X since going public.

But in recent years, it has not been a great investment.

Investors have lost money from the peak back in 2023.

We can go all the way back to 2020.

Beginning of 2020, the stock is still down.

The business has lost some of its luster.

Dan, what's going on with Lululemon today that makes it compelling to you as a buy?

I think competition is a real threat, but it's also an important reminder that it's a really compelling business.

Competitors are not jumping in this to lose money.

We've seen other retail or other apparel businesses that have struggled because they lost control of distribution.

Lululemon is different because it still has so much control over its distribution footprint.