Investing in businesses that serve everyday needs - in cash

Every generation needs a revolution - an entrepreneurial revolution

Look at the Philippines tycoons.  What are their businesses?   The wealthiest are in basic necessities:

water, telecons, tollways, electricity, airports, infrastructures

That is the problem:   they have monopolized the business and the large cap ex excludes everybody else.

One time I joined a roadshow on govt offices for energy.  I talked to some Japanese keiretsu representatives.  And they said that they will consider anything that is basic necessity as an investment worth looking into:   food like - galunggong shrimp

You do not need to be rocket scientist to find out about attractive business.

Scalability - the key to becoming wealthy

Every generation needs a revolution - an entrepreneurial revolution

I have seen some businesses of my progeny.  They invest in rental properties.    I doubt whether they can be wealthy doing this.

This reminds me of a story about a story of a Chinese businessman in Central Luzon whose initial business was selling office supplies.   He was selling to a govt office engaged in lending to residential homes.  So he bought and sold residential units one at a time.  Someone advised him he would not get rich that way.  The only way to be wealthy as a realtor is to develop large residential subdivision.  Which he

did 

This similar to inventions that can be patented or whose production can be controlled.  A potato farmer became rich by inventing a machine that peels potatoes by the millions.

I saw Australian businessman building hundreds of houses.  Only workers?  Himself and a secretary.  Everything else is contracted out

Can you think of scalable business?

Losers from digital currency game, extraordinary income, financial instruments and scam

Every generation needs a revolution - an entrepreneurial revolution

I had a batchmate who used to work in a multilateral banking institutions who  was rumored to have lost her shirt playing the digital currency game.   She was supposed to have parlayed  P500K up to P10M, but eventually losing all.   Now she is rumored to be borrowing money and or inducing others to invest in such currency.  This is not the first case of somebody losing money just like in a casino to such a venture.

I have always maintained that I will invest only in a business I fully understand.  Thus No no for me are:

     1.  stock market and its derivatives

     2.  derivatives

     3.  hedge funds

     4.  digital currency

     5.  Fx

Only geniuses like Warren Buffett (and they are not too many of them) can digest and absorb vast amounts data.  And George Soros too.  We mortals are bound to fail. in these ventures.

   1.  A judge got his placements from us worth P500K to invest in stock market.  Six months after I met

        him and said he lost the whole amount in six months

   2.  The neighbor of daughter at a condo  (they own a factory)  lost P300K in digital currency.   

If it is too good to be true, then it is .  

Beware too of extra ordinary income.   Familiar with KAPA scam, etc where many people lost zillions.  Nothing ever happened with the investigation

An investor, an entrepreneur has got to know his/her limitation.  (Make my day)