{"id":55024,"date":"2021-07-06T17:07:47","date_gmt":"2021-07-06T21:07:47","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=55024"},"modified":"2021-07-07T11:19:39","modified_gmt":"2021-07-07T15:19:39","slug":"what-the-world-needs-now-great-opportunities-in-entrepreneurship-more-warnings-on-china-stocks","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=55024","title":{"rendered":"What the world needs now. Great opportunities in entrepreneurship. More warnings on China stocks."},"content":{"rendered":"<p style=\"text-align: left;\">Yesterday we had three, This morning four.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55036\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/four-eggs.jpg\" alt=\"\" width=\"450\" height=\"308\" \/><br \/>\nI wish all my investments were as productive as our resident Robin.<\/p>\n<p style=\"text-align: left;\">I spent the July 4 weekend mulling the birth of our nation and how lucky we are to be . We revel in all the opportunities it&#8217;s produced for us and is still producing.<\/p>\n<p style=\"text-align: left;\">My mantra is simple: Wherever you work, whatever you do, wherever you are, there&#8217;s always a better way of doing what you&#8217;re seeing or doing. And with &#8220;better&#8221; comes opportunity to start (or improve) your own business. Items:<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ The hugest opportunity is &#8220;computerizing&#8221; businesses &#8212; making them more efficient, and, most importantly, more appealing to customers. There isn&#8217;t a web site that couldn&#8217;t sell more stuff, deliver better service, offer better advice. Exhibit one is Dominoes. Look what happens when you embrace the Internet, online ordering, fast delivery, etc.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55041\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/Diominieso-ne-year.jpg\" alt=\"\" width=\"586\" height=\"367\" \/><\/p>\n<p style=\"text-align: left;\">I&#8217;m partner in a small tennis club in Old Chatham. We subscribe to Kourts, which lets our employees and our players book court time. It&#8217;s a huge improvement in service, allowing customers to book at at their convenience, not when our operator is standing by (or not on the court playing tennis).<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ There&#8217;s a Dairy Queen in our area. It&#8217;s very popular. But it always has long lines for take-out. Why not put in a second line, perhaps one featuring speech recognition and AI. I like their hamburgers, but not enough to line up for 20 minutes behind F150s spewing noxious fumes.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ Every item LLBean sells has a number.\u00a0 That way to you can buy another one. Except that they&#8217;re always out of stock and their online system doesn&#8217;t suggest an alternative. Dumb!<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ Most web sites have an awful search engine. Clothing sites will show me women&#8217;s stuff. If I type in shoes, they&#8217;ll show me jackets. I understand the &#8220;logic&#8221; of upselling me on women&#8217;s clothing! But, frankly, it&#8217;s irritating. And I&#8217;m not a cross-dresser, yet.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ Why do web sites charge shipping? It&#8217;s far more irritating (at least to me) than a higher price.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ Angi.com (nee Angies List) lets you hook up with local contractors. But,&#8230;.even before your first contractor\u00a0 comes to your house, they make you sign something that gives irritation a whole new meaning.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55025\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/angi-terms.jpg\" alt=\"\" width=\"697\" height=\"219\" \/><\/p>\n<p style=\"text-align: left;\">Angi is\u00a0 a public company which you don&#8217;t want to own shares in:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55045\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/angoi-one-years.jpg\" alt=\"\" width=\"578\" height=\"350\" \/><\/p>\n<p style=\"text-align: left; padding-left: 30px;\">Angi is also losing money, though it&#8217;s hard to understand why. I&#8217;d pay them oodles of money if they could find me an electrician, an airconditioning fellow, a carpenter, a painter, etc. There are some things that even I can&#8217;t fix!<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+ Why do customer &#8220;service&#8221; operations insist on asking so many stupid questions when they can easily join your incoming phone line to their databases? Banks are actually getting better at doing this. AT&amp;T\/DirecTV is the absolute worst.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">If all this sounds trivial, it is. Few of us are Bezoses or Musks. But we&#8217;re all capable of fixing things and improving service. And we now have these wonderful tools called the Internet, software and the Cloud. Get blown away: Perused the library of software tools which AWS (Amazon Web Services) routinely makes available to its customers &#8212; for free.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">Angi, the company,\u00a0 is losing money. Its stock isn&#8217;t going anywhere. Here&#8217;s the last year.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55030\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/angi-stock-1.jpg\" alt=\"\" width=\"661\" height=\"394\" \/><\/p>\n<p style=\"text-align: left;\">Angi is, however, a great idea. I wish someone would do it properly.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Not turned on by China<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">I remain totally against owning shares in <strong>any<\/strong> companies based in China. And I&#8217;m frankly I have sounded China warnings for months. I have no idea what Xi, aspiring dictator, is trying to accomplish other than make himself as rich as Putin (estimate net worth &#8211; $200 billion).<\/p>\n<p style=\"text-align: left;\">For now, this chart of key China companies paints a depressing picture. Here we see BABA. TCEHY, BIDU, JD and PDD, all dropping steadily.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55040\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/China-Stocks.jpg\" alt=\"\" width=\"646\" height=\"382\" \/><\/p>\n<p style=\"text-align: left;\">And today we have the sorry story of DIDI.<\/p>\n<p style=\"text-align: left;\"><b>Didi<\/b>\u00a0began\u00a0<b>trading<\/b>\u00a0a few days ago at $16.82 a share on the New York Stock Exchange, up 20 percent from a $14-a-share offering price. But investor interest cooled throughout the day, and\u00a0<b>Didi<\/b>\u00a0closed at $14.20, pegging the company&#8217;s value at more than $69 billion. It closed today at $12.07. It&#8217;s going lower.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55039\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/DIDI-five-days.jpg\" alt=\"\" width=\"636\" height=\"367\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Excellent weekend reading<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+\u00a0<em>Roger Federer\u2019s Gift to Tennis: A Shot That Players Love to Hit<\/em><br \/>\nThe squash shot may be a last-resort play, but it\u2019s fun to unleash and spectacular to watch. Federer made it his own, but many other players, especially women, are adopting it. Click <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.nytimes.com\/2021\/07\/03\/sports\/tennis\/wimbledon-forehand-slice-squash-shot-federer.html\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+\u00a0<em>Didi\u2019s removal from China\u2019s app stores marks a growing crackdown<\/em><br \/>\nIt comes mere days after the ride-hailing giant\u2019s New York listing. Click <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.economist.com\/business\/2021\/07\/05\/didis-removal-from-chinas-app-stores-marks-a-growing-crackdown\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+<em>\u00a0How Britain Became Plague Island<\/em><br \/>\nBrexit Britain is Imploding Into the Dumbest Country on Earth.<br \/>\nHarry&#8217;s note: Many of my English friends have serious objections to this piece. One said it was &#8220;<em>sensationalist, cheapest, cheesiest, foulest\u2019 journalism.&#8221;<br \/>\n<\/em>It&#8217;s on a web site called Medium, which publishes many authors, apparently without fact-checking them. Personally, I found the article fascinating. If you&#8217;d still like to read the piece, click <span style=\"color: #0000ff;\"><strong>here.<\/strong><\/span><\/p>\n<p style=\"text-align: left; padding-left: 30px;\">+\u00a0<em>A Fourth of July Symbol of Unity That May No Longer Unite<\/em><br \/>\nIn a Long Island town, neighbors now make assumptions, true and sometimes false, about people who conspicuously display American flags. Click <a href=\"https:\/\/www.nytimes.com\/2021\/07\/03\/nyregion\/american-flag-politics-polarization.html?action=click&amp;module=Top%20Stories&amp;pgtype=Homepage\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\"><strong>here.<\/strong><\/span><\/a><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+\u00a0<em>A World Without American Democracy?<\/em><br \/>\nThe Global Consequences of the United States\u2019 Democratic Backsliding. From <em>Foreign Affairs<\/em> magazine. Click <a href=\"https:\/\/reader.foreignaffairs.com\/2021\/07\/02\/a-world-without-american-democracy\/content.html\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"color: #0000ff;\">here.<\/span><\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Back to playing tennis every day<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">My shoulder has improved with icing (iceing?) and rest. I started playing last Friday &#8212; gently. My partner suggested one Advil half hour before playing.\u00a0 Brilliant idea. Thank you, Mark. I played at 6:20 AM this morning. It was cool, though humid and buggy. I feel great, but sore.<\/p>\n<p><span style=\"color: #0000ff;\"><strong>Let&#8217;s go traveling<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Friends are traveling. This is the next place I&#8217;d like to visit. This is Paris from the Eifel Tower:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55049\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/Paris-from-the-Eiffel-Tower.pg_.jpg\" alt=\"\" width=\"738\" height=\"549\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>I love this guy<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-55050\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/sentimental.jpg\" alt=\"\" width=\"425\" height=\"498\" \/><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-55051\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/diversion.jpg\" alt=\"\" width=\"425\" height=\"528\" \/><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-55052\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/07\/hedge-trimmer.jpg\" alt=\"\" width=\"425\" height=\"504\" \/><\/p>\n<p style=\"text-align: left;\">I&#8217;m watching Wimbledon tennis. They play better than I do. But I&#8217;m learning. Read the article above on Federer&#8217;s squash shot.<\/p>\n<p style=\"text-align: left;\">We did good today with our favorites &#8212; AMZN, AAPL, GNRC, CRWD, NVDA, PANW, etc.<\/p>\n<p style=\"text-align: left;\">I\u00a0\u00a0updated my list of favorite stocks.\u00a0Check them in the right hand column on the web site.<\/p>\n<p style=\"text-align: left;\">See you tomorrow, after tennis.\u00a0 &#8212; <em>Harry Newton<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday we had three, This morning four. I wish all my investments were as productive as our resident Robin. I spent the July 4 weekend mulling the birth of our nation and how lucky we are to be . We revel in all the opportunities it&#8217;s produced for us and is still producing. My mantra [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-55024","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/55024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55024"}],"version-history":[{"count":17,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/55024\/revisions"}],"predecessor-version":[{"id":55057,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/55024\/revisions\/55057"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}