The Uber effect

As a value investor I focus on individual stocks and frequently travel overseas to investigate global investment opportunities. I recently visited the US to explore stock specific ideas with a select group of companies in technology, gaming, housing and financial services. The meetings were insightful, with a number of investment ideas being substantiated or falling by the wayside as anticipated. And as sometimes happens, a simple personal experience prompted me to consider a very different investment angle. During my trip I used a number of Uber services and observed the extent to which they were being adopted by consumers in the US. It made me think about the business model and what it means, not just for Uber, but for other businesses in Australia and around the world. Read the full article: (VIEW LINK)