Reading Time: 2 Minutes Howdy folks! OK so many of us are familiar with Whatsapp, most of us are familiar with Facebook, and all of us are familiar with Amazon. But what if there is one company which can combine all three? Enter: WeChat You’ve probably heard of them already, but if you haven’t – I thought it best to write up a quick post on an app which is revolutionizing mobile platforms. WeChat When a company’s scale and market penetration is so gigantic that it’s described as “an ecosystem”, and the “only operating system for your life”, you should probably take note. WeChat is one such company (owned by…
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What I’m Viewing
Reading Time: 2 Minutes Hey boys and girls! It’s been some time since I’ve done an episode of “What I’m Viewing”, which is a short selection of articles, videos and links I’ve found useful in the last couple weeks to assist us on our financial and investment journey… The last one was back in July, which you can find by clicking here. Without further ado, let’s get into it! A Taxonomy of Moats I stumbled onto this gem of an article about “moats”. Not the dungeons and dragons kind, but the kind which enables a company to continue to churn out high profits and margins without imitation. More specifically, the article…
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Amazon is Here!
Hi guys! How’s everyone doing! “Cough cough” What’s wrong TheFrugalSamurai? Excuse me, I’ve been knocked out and about with the flu all week. What’s that? Of course it’s not man flu! It’s a Jen-u-wine flu. I was going to continue the short series on my experiences of losing $40,000 but a couple of days ago something exciting happened here in Australia – Amazon launched their online store. ABOUT DAMN TIME. Here in Australia – retail is suffering, rising rents, lower consumer spending, flat wages growth and soaring house prices have coincided with the toughest trading conditions for many years. But can you blame us? For years we have had to…