“I’ve always been fascinated by the future, I love getting my hands on the next piece of leading, if not occasionally bleeding edge technology.”
Technology is a concrete embodiment of all human progress and I spend a lot of time thinking about what the next big thing is and where there is an opportunity for my clients. We live in a dynamic, which doesn’t always deliver what we expect. The Jetsons may have promised flying cars, but we got Uber & Snapchat instead. The ability of a company to leverage technology in new and unexpected ways can have a profound impact on its destiny, with Domino’s Pizza being a case in point.
Technology isn’t always about what is the latest and greatest, the Rolex Oyster Perpetual Day-Date is relatively unchanged since 1956, but it was the first watch to display the date on its face.
Sometimes technology enables a quantum leap in service. While reviewing the stratospheric levels of service that can be experienced flying to Europe, we were cognisant that technology might soon enable the ultimate luxury: Time. Qantas has announced plans to fly directly from the east coast of Australia to London, New York and Rio de Janeiro, with a goal of 2022. As an avid flyer, saving precious hours, as well as the minor decrease of transit stops is truly priceless. This drive to question everything and dare to redefine what is possible has made Qantas one of my favourite stocks.
Changes in technology, in turn, drive societal and economic change. The rapid industrialisation of China has in turn driven historic levels of wealth in Australia, thanks to an insatiable demand of exports Animal, Mineral & Vegetables. While our mineral exports are a commodity, indistinguishable from exports from any other country, we have a true competitive advantage when it comes to our food exports.
I hope you enjoy reading our first issue as much as we did writing it. If you want to learn more about what trends in technology are driving opportunities in the stock market, we invite you to visit our office in Chifley Tower.
CEO, Kodari Magazine