Taiwan Earthquake
Dec 29th, 2006 by Martin Lee
I have not written anything for the past few days as I was not able to connect to blogger.
A few days ago, there was an earthquake in Taiwan that destroyed major communication cables deployed under the sea. As a result, the internet access in my country was badly affected.
Hardly anyone was able to connect to websites that were overseas, and many businesses had their operations disrupted.
It will take a few weeks for services to be restored to normal.
For now, my internet is crawling along at a very slow speed, just like pre-broadband times.
As we move forward in the internet age, we seem to take for granted the availability of information at our fingertips. We forget that many factors beyond our control could and will alter the environment that we operate in.
Is your investment portfolio ready for such shocks or changes? Rather, does the businesses that you invest in have such a strong moat that such shocks will not bring them down?
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