40-60% within a week, page-6

Thanks Titus

read the tweet, and one of the interesting comments:

PS
January 7, 2014 at 8:55 AM

XRO is the greatest company Aust fundies have never heard of. This largely reflects a laziness amongst the funds management community to be proactive.
[Apologies to the few that do go above and beyond but there is only a handful of you].

In fact, most have never heard of Peter Thiel either. It's a shame as he is one of the greatest value creators in the last 30 years. Consider that some of the companies he either founded or seeded include PayPal (bought by eBay for US$1.5bn), Facebook (US$140bn market cap), LinkedIn (US$24bn market cap), Palantir (US$8bn market cap), Stripe (~US$300m valuation), Xero (A$4bn market cap), etc...

Locally, while fundies busily debate WES v WOW or DJS v MYR, they are missing the point that the game has shifted. In retail for example, drop shipping, 3D printing, 3 hr fulfilment, augmented reality, embedded payment systems pose a greater threat to retailers like DJS and their 25 year old beige PoS terminals than weather, purple jackets or Myer's Jennifer Hawkins parading at Spring Carnival.

Australian and NZ fund managers have missed the Xero opportunity. US investors will not do the same. Luckily, there is a pipeline of amazing up and coming companies set to emerge in in both here and in NZ.
It will be interesting to see which fundies are incentivised to do the work.