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

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

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

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

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

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

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? Investors always assume that disruptive businesses are technology businesses. Amazon started as a constituent of the technology sector, … Read More

Uber yesterday admitted defeat in China, folding its business into that of its major competitor, dominant China ride-sharing service Didi Chuxing. But it’s hardly humiliating – Uber will emerge with a … Read More

Netflix fell 12% in after-hours trade in the US on Monday night to US$85.90. It’s likely to go lower, in my view. Here is the problem. The company yesterday reported a … Read More