Do not buy another Android without reading this

Heineken had Domestic Beers. If there’s a market for domestic beers then there’s a market for Import bears, they didn’t say bringing in domestic beers.

Android is open. Anyone can download android and make his own OS. Nowadays companies like Huaweii produce phones with fingerprint sensor and that’s not a big deal but they produce phones that rival Samsung Galaxy S8 for half the cost. In a similar fashion to Heineken, these companies started producing their own Androids forming a new category. So its Huawei’s own OS. But here is one cautionary tale. A guy recently I met had like 3 Huawei phones. Like all other diehard fans, he was too busy spending his hard-earned money over buying phones. I asked him, “Why not samsung?”, and he started rationalizing on why Huaweii is better than Samsung blah blah blah like all CR7 fans do for messi or vice versa(nothing wrong with that but this story is about phones? right or it isn’t?). But this guy not only bought one Huaweii Mate8 but he’d buy that latest Huaweii(forgive me Mate8 is just my guess, I don’t even know how many phones this huaweii diehard owned). And so time for bad news. One day this guy was under a shopping mall when under certain bad luck was threatened to give his phone under gun point. Poof! Immediate loss of $2500+. This guy earns at least $1000 per month and his expenses are fairly low. Although the theives were later tracked and they are under Police’s action.

Sometimes its better to diversify your holdings. I think when this guy goes out he should probably carry at minimum just one phone. I have another friend who has a Samsung Galaxy S8(company “asset”, yikes!). But whenever he’s not working, he likes to take a Nokia-typing phone. These people are easy targets. Plus the smart thing is he doesn’t use fingerprint feature. It seems too gruesome to him(to make it as easy and seemingly possible in case of emergency so that the fire fighters can easily call from his phone! But hold on haters!). Not only that he’s encrypted his data(that’s default, thanks to Samsung Cloud). But this guy fairly has “diversified” doodads.

So the first guy, the Huaweii guy, has a family and he didn’t even take insurance. Not only that he hasn’t invested money in assets. He has just liquid “securities” which is plain cash. This guy was carrying more than $1000 in his purse! alone at midnight beneath a mall and ATM!(This is Pakistan these people don’t go out just for parties)

I hope he takes steps to ensure financial well-being. If I were him(by the way I’m in High School) the first thing I’d do is to get rid of 9–5 rut by getting a passport and a fair ecommerce business(risky) and buy probably Gold as asset and yes an accountant. Its good having these measures against black swans.

There’s a saying, an ancient Chinese Proverb related to war that I think we all should consider and that is, “If you’re following your target and river is in the way that’s swollen, wait for river to subside”. So my friends what in your life is inflated and how you can protect yourself against inflation.

I hope this cautionary tale at least helped a few of you.