周末浏览了两家公司的年报，一家是doordash，一家是A.O.Smith。如果按doordash的估值，美团市值得到多少，不敢想象。当然，doordash没有那么疯批而又强大的的竞争对手
看A.O.Smith，主要是这四五年一直在用它的净水器，突发奇想看一看。原来该公司已有150年的历史，连续三十年增加派息，销售和市值规模虽然谈不上多大。注意到它在中和印的数据，而且它在墨西哥新建厂，缩短供应链，提高响应速度。应该是有不少美公司在行动，市场和产能都在逐步转移中
We are proud to share that for more than 30
consecutive years, we’ve increased our dividend to shareholders.
Our business in China is experiencing one of the most difficult economic times in decades. With sales down 6% in local currency
Our India operations outperformed the marketwith a 13% increase in local currency.
The new plant will shorten the supply chain for faster response and allow the company to manufacture tankless units for the first time in North America