{"id":720,"date":"2016-10-18T16:07:10","date_gmt":"2016-10-18T16:07:10","guid":{"rendered":"http:\/\/isadviser.com\/?p=720"},"modified":"2017-04-25T12:56:07","modified_gmt":"2017-04-25T12:56:07","slug":"investors","status":"publish","type":"post","link":"https:\/\/isadviser.com\/en\/investors\/","title":{"rendered":"Investors Today Prefer Companies with Fewer Physical Assets"},"content":{"rendered":"<h4><span style=\"color: #808080;\">For investors Having physical stuff just isn\u2019t as great as it used to be.<\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>At home, we\u2019re Marie Kondo\u2013ing our way to minimalism, buying experiences rather than things, and using services \u2014\u00a0Netflix, Spotify, Uber\u00a0\u2014 rather than owning assets such as movies, music, and cars. The companies that provide those services and enable us to share what we have (insights, relationships, assets) with others not only are valued more highly by investors but also are relatively asset-light themselves. Amazon has only a handful of brick-and-mortar stores, Uber doesn\u2019t manage a fleet of cars, and Ebay doesn\u2019t manage a supply chain.<\/p>\n<p>This is quite a shift. Since the industrial revolution, companies have raced to accumulate the most raw materials, properties, plants, and equipment, believing that &#8230;.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/hbr.org\/2016\/09\/investors-today-prefer-companies-with-fewer-physical-assets\" target=\"_blank\">Read More<\/a><br \/>\n<a href=\"https:\/\/hbr.org\/2016\/09\/investors-today-prefer-companies-with-fewer-physical-assets\" target=\"_blank\"><img decoding=\"async\" class=\"alignleft wp-image-507 size-full\" title=\"investors\" src=\"https:\/\/isadviser.com\/wp-content\/uploads\/2016\/07\/harvard.jpg\" alt=\"harvard\" width=\"140\" height=\"88\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For investors Having physical stuff just isn\u2019t as great as it used to be. &nbsp; At home, we\u2019re Marie Kondo\u2013ing our way to minimalism, buying experiences rather than things, and using services \u2014\u00a0Netflix, Spotify, Uber\u00a0\u2014 rather than owning assets such as movies, music, and cars. The companies that provide those services and enable us to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":721,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[25],"tags":[60,29,27,17,91,126,146,92],"_links":{"self":[{"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/posts\/720"}],"collection":[{"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/comments?post=720"}],"version-history":[{"count":3,"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/posts\/720\/revisions"}],"predecessor-version":[{"id":944,"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/posts\/720\/revisions\/944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/media\/721"}],"wp:attachment":[{"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/media?parent=720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/categories?post=720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/isadviser.com\/en\/wp-json\/wp\/v2\/tags?post=720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}