[chronic71819]

> See if it's possible to earn a profit without selling out.

Unfortunately it's not possible.

Nearly everyone on HN would rather invest in a total stock market index fund, simply because it gives better returns. How much different? Approximately 1% more.

So there you have it. People will sell out for 1% of their portfolio. Myself included.

[undersuit]

Oh come on that's not fair. Me choosing a passive index that doesn't pay someone to guess the market again(because I've already chosen my entry into the market) is not me cheaping out.

[GooglyMoogly]

Google said no to China's censorship and is doing pretty well.

[zaroth]

Is this actually still true? I know initially they exited China because they wouldn't play by the rules, but they definitely re-entered China, and as far as I know, they did it by agreeing to censoring their search results in China.

[dirtyid]

In 2018, Google made 3 billion in Chinese ad sales. Facebook made 5 billion.

[GooglyMoogly]

My thought is that it's ok to deal with China as long as they play by our rules not their rules (such as censorship). If they see that they can still operate successfully under a system with freedom of speech, maybe they won't be so against it.

But yes, you do have to be careful not to let them become a large enough percentage of revenue that the company would be in danger if China started threatening to pull out.

[dirtyid]

I agree that if you don't want to beholden to foreign rules, then don't become dependent on foreign markets. But what is this "our rules" business? Google lobbying rules that's currently clashing with the EU. Or US foreign policy rules?

[GooglyMoogly]

Freedom of speech