Market Crash 2020

The stock market is in free fall. In addition to the Coronavirus (COVID-19) we now also have a price war in the oil market. Feels like the perfect storm.

How quick will we go back to “normal”? How much have global supply chains been disrupted? How much are people afraid to travel? What we know, there is a lot of uncertainty.

This is the fourth crash that I experience. The first one was the burst of the dot com bubble in 2000, then came September 11 in 2001, followed by the financial crisis in 2008 and today. I don’t count Black Monday in 1987 as I was just 9 years old.

I was about to liquidate my entire portfolio around 4 weeks ago. I not followed my instinct and was happy to see that the market rally continued.

I’m long in equities. The markets will recover and the next virus will come.

Internet Tech industry

Google Photos

Google Photos is an amazing product. After Search, Gmail,(Google Drive; there is legitimate competition from Dropbox & MS) and Youtube, Google Photos is the next billion-user product for Google.

The USP and differentiator is the object & facial recognition technology. It’s scary how good it is already. Facial recognition is amazing and it not only works with photos but also with videos. It’s super convenient to search for “Jasper” “Snow” and within milliseconds I see the photos of my son from the winter holiday. Or jump back in time to a specific location, super easy with Google Photos. No manual tagging needed, no elaborated folder structure required.

Collecting vast amounts of data and organizing it is Google’s mission. I believe I read somewhere that per day 1.2 billion photos are uploaded. The computing and storage requirements must be gigantic. For $10 you get 2TB of storage now with the upgrade Google One Plans. That is a hell lot of space to store all your photos for the foreseeable future photos, and all of them will and need to be processed.

So far all my smartphone photos from the last 4-5 years are in Google Photos. It’s enticing to upload all digital photos that I have. There is a good amount of photos from my DSLR and the photos from the early years with a digital compact camera. They lack the geolocation data, unfortunately.

Another nice feature of Google Photos is the feature to share the entire library or parts of it automatically with a partner. That comes in pretty handy for families. The integration feature with Google Drive in both direction is another useful feature of Google Photos.

A question for sure is the price that we as users pay. Don’t be evil isn’t easy when the currency is user data and Google is getting a vast amount of private data from each users who uploads his photo library.


The 11 Bad Habits Killing Innovation in Your Company

Taken from a guest post of Alexander Osterwalder on the blog of Steve Blank

  1. The current business model dominates the agenda
    “…managing the present often takes oxygen away from inventing the future” 
  2. One-size-fits-all decision making hurts speed & inventiveness
  3. Insisting on untested and detailed business plans 
    “Business plans actually maximize the risk of failure because of the focus on executing an unproven idea rather than testing it.”
  4. Opinions matter more than evidence 
  5. Outsourcing customer discovery and testing
    “You can’t hire outside professionals to test and learn from customer interactions and make decisions for you“
  6. Senior leadership too busy for hands-on innovation
    “…leaders have to be more than just sponsors of new business ideas. Decision makers are the ones who can make things happen.“
  7. Obsessing about competitors rather than customers
    “You can’t drive forward by looking in the rear view mirror.”
  8. Focus on technology risk at the expense of other risks
  9. Innovation is career limiting
    “…in most organizations any type of failure is seen as a negative for your career. …  prestige in companies is measured by who commands the largest budget and staff.”
  10. Innovation is siloed from Execution
    “…the execution engine deprives the innovators from access to valuable resources like customers, brand, or skills.”
  11. Integrating new ideas into the execution engine too quickly

    “New ideas are fragile and they need to be carefully nurtured and scaled before they are integrated into the execution engine with its rigid processes, key performance indicators rules, and procedures.”


Bytes beat Bricks

Internet quote

Ovum: Handling of Gaming traffic a bigger challenge than video?!

Gaming represents the new frontier of real-time cloud services. It will be more challenging than video because its interactive nature means predictive estimation strategies cannot be used: a standard-definition stream in gaming requires three times the bandwidth of a comparable resolution stream in video.

Source: Ovum StraightTalk “Optical industry needs business transformations: OSA Executive Forum”


Great article from Gary Hamel – Who’s Really innovative?

If you are interested in Innovation and how companies can be classified in terms of their innovation management approach, then this article from Gary Hamel is definitely worth reading.

My favorite quote is:

Fourth are the cyborgs, companies like Google, Amazon, and Apple that have been purpose-built to achieve super-human feats of innovation. You won’t find much industrial age DNA in these organizations. These companies have been built around principles like freedom, meritocracy, transparency, and experimentation. They are so endlessly inventive and strategically flexible they seem to have come from another solar system–one where accountants are treated as servants rather than gods.


Browser Market Share

Google slowly gains ground in the browser market.

Internet Mobile Telecommunication

The Economist | Podcast: Telecoms in emerging markets

The Economist has published a great special report on telecoms in emerging markets. The podcast linked below is worth listening if you are into this topic. Telecoms in emerging markets. In addition to the written article (here) and the podcast, there is also a videographic highlighting some key facts about emerging markets. I only want to present you one fascinating info nugget:
Economist - Growth effects of ICT
Based on these figures, one can imagine what mobile broadband internet will bring to these developing countries.


Merry Meeker Presentation – Economy + Internet Trends

Internet Private

Investment Watchlist

Langsam wird mir die momentane Aktienmarkt Rally unheimlich. Zwar schauen die fundamentalen Daten schon wieder besser aus und den Boden dürften wir mittlerweile erreicht haben, dennoch bin ich recht skeptisch was die Geschwindigkeit des Aufschwungs anbelangt. Ich denke wir werden einige Rückschläge in der Q4 Earnings Seasons sehen.
Momentan bin ich noch investiert, überlege aber mittlerweile jeden Tag Kasse zu machen. Was kommt danach? Ich tendiere dazu mal etwas spekulativer zu investieren. Ganz oben auf meiner Liste stehen daher Level3 und Infinera. Auf Adobe habe ich auch noch Auge geworfen, wobei dass ein solider Wert ist.