Editor’s note: Occasionally, we come across ideas that we simply have to forward to you. This one comes courtesy of our friend Ryan Dinse at Exponential Stock Investor. |
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Dear Reader, In September 2019, we released our ‘Great Australian Bank Unbundling’ thesis. The premise: Exponential change in financial technologies meant that a host of little upstarts were coming to cut the Big Four banks’ lunch. As we wrote at the time: ‘Unlike our Big Four, they’re not stuck with dated 70s technology, costly branches, and old-fashioned notions of customer service. ‘They’re at the cutting edge of technology. ‘And I think they’re ready to explode onto the market and disrupt every single aspect of Australian finance. ‘Stocks in some of the earliest movers are already starting to pop. ‘There’s of course the famous Aussie fintech “unicorn” Afterpay. Afterpay reinvented the lay-by industry for a whole consort of credit card-shy millennials. ‘And in the process turned a two-person “garage start-up” into a $6 billion juggernaut on course for world domination. All in just five years. ‘Companies are going to follow in Afterpay’s footsteps. We’re going to speculate on which types of companies could be most successful in the report that follows. ‘This is very important, if you care about making money from stock speculations. ‘Because owning a portfolio of the right Big Four disruptors now could be the equivalent of owning a “Craigslist portfolio” at the start of this decade.’ We were bang on the money with this one. All four collision plays in the Bank Unbundling portfolio are up — 40%, 43%, 114% and 706%. These plays have passed you by. But this is part of a wider theme we’re investigating right now. To learn more, click here. Regards, Ryan Dinse,
Editor, Exponential Stock Investor | 