Markets rallied on the back of the Trump victory, and probably correctly in the near term as the US will almost certainly commit to a series of expensive infrastructure projects to … Read More
Why Netflix is in trouble
Everybody knows Netflix and Stan. Fewer know about Foxtel Play, BigPond Movies, TEN Play, ABC iview and SBS On Demand. In the US, Netflix still rules, with a 40% market share, … Read More
Apple’s pivots
Apple reported its first annual decline in sales in 15 years last week, which is focusing investors’ minds, as well as those of the management. You wouldn’t expect the world’s most successful … Read More
Infrastructure investment: Roads, rail, ports… cloud?
Do we need to widen the definition of infrastructure in the 21st century? Is it still just roads, ports, rail, electricity and the like, or should we be including the cloud – … Read More
Hey Siri, (Ok) Google is coming for you…
Think about this. In a world where search is done by voice, a lot of the screen-based, visual and clickable data which is surfaced via a keyboard is suddenly obsolete. This … Read More
Disruption, and how Foxtel (for example) got caught in it
What is disruption? Can businesses disrupt themselves? Why are disruptive businesses able to become so valuable in such a short time? Why can’t incumbents defend their own businesses against them? These … Read More
How Uber (and Tesla) plan to dominate 21st century transport and how it could come unstuck
What if ride sharing services, in the end, were just as competitive as airlines, and with an airline-like model where no-one makes money because price becomes the most important factor in … Read More
Think Procter and Gamble, owner of Gillette is a safe investment? Think again…
The big investment lie right now is the safety of blue chip offshore consumer staple stocks, like Procter and Gamble and Johnson & Johnson. These companies have fashioned themselves into dividend … Read More
Why China’s answer to Google, Baidu Inc jumped 5% last week
Baidu was up 5% last week, and is now up more than 15% in the past few months. The press suggested this is on the back of talk of an expansion … Read More
What is the difference between a technology investment and a disruptive one?
What is the difference between a technology investment and a disruptive one? Investors always assume that disruptive businesses are technology businesses. Amazon started as a constituent of the technology sector, … Read More