My Notes From the 2019 Berkshire Hathaway Annual Meeting (Pt 3 of 3)

This is Part 3 of my visit to Berkshire 2019. Part 1 is here. Part 2 is here. Question on online furniture retail and strategies where you go for customers first and profits later. There was some discussion about Amazon. On the strategy of going for customers first and profits later, he mentioned Amazon has […]

My Notes From the 2019 Berkshire Hathaway Annual Meeting (Pt 2 of 3)

This is Part 2 of 3 on my visit to the 2019 Berkshire Hathaway annual meeting. Part 1 is here. I got to the CHI Health arena in downtown Omaha at 5am. Yes, this was a bit crazy. But last year, I went with my parents and we got there around 7am, basically when the […]

Why Didn’t China Attend the 2019 Berkshire Hathaway Meeting? (Pt 1 of 3)

The 2019 Berkshire Hathaway annual meeting in Omaha was awesome. As always. But there was a very conspicuous absence of visitors from China this year. The decrease from last year was unmistakable. So what happened? In 2018, the Berkshire event was likely the most popular “China event” in the USA.. It was crazy. Of the […]

Facebook Copying WeChat is the Ultimate Gangster Move (pt 1 of 2)

Mark Zuckerberg’s memo on “privacy-focused messaging and social networking” has some really big implications. It is focused on private messaging and the WeChat-type operating system. To me, it looks like the first move in a strategy to turn Facebook into a much larger and more powerful company. That such a big power play is dressed […]

What’s Next in New Retail? My Visit to the JD-Qumei Furniture Store in China. (2/2)

In Part 1 of my visit to the JD-Qumei furniture store in Beijing, I laid out a bit of theory about furniture retail stores. They have some nice dynamics and some limitations. And that is mostly what is happening on the second floor of the store I visited. The First Floor: Where JD and QuMei […]

What’s Next in New Retail? My Visit to the JD-Qumei Furniture Store in China. (1/2)

In 2017-2018, “new retail” began in Chinese groceries. There was Freshippo / Hema, 7Fresh and other projects. It was a first glimpse of what new retail come become. Shortly after, convenience stores and mom-and-pop stores also began to get digital upgrades. And in a bit of a surprise, retail coffee also entered the story – […]

How Accounting Is Different in China – Paul Gillis, the Guru of Chinese Accounting (Video)

Paul Gillis is the “go to” guru for accounting in China. He is professor of accounting at Peking University Guanghua School of Managment, past head of China/Asia for PricewaterhouseCoopers and has a PhD in accounting. He also publishes on www.chinaaccountingblog.com – which you should definitely check out. I sat down with Paul and asked him […]

Jeffrey Towson – In Digital China, Get Ready for Super Platforms (Video)

From one of my standard talks in 2018 (since retired). This is about bike-sharing, mobility and super-apps. Video below and Youtube link is here. Part 1: What is the Engine of Chinese Bike-Sharing? Part 2: Give Consumers Exactly What They Want Part 3: In Digital China, Re-Imagine Operations ASAP Part 4: In Digital China, Get […]

Jeffrey Towson – In Digital China, Re-Imagine Operations ASAP (Video)

From one of my standard talks in 2018. This is about bike-sharing and re-imaging operations. Video is below and Youtube link is here. Part 1: What is the Engine of Chinese Bike-Sharing? Part 2: Give Consumers Exactly What They Want Part 3: In Digital China, Re-Imagine Operations ASAP Part 4: In Digital China, Get Ready […]