Our position on outsourcing is still in the process of being formulated (I have, in a collaboration with Dr Deep Gupta, in fact, outsourced our position on outsourcing, more to follow on that later). But from our surface analysis of outsourcing, there are clear and undeniable positives.
Cheap sneakers for me to run in. Moneys and profits for Indians. The destruction of the US IT nerd underclass. The opportunity for people to work on a cruise ship, tax free, programming 60 hours a week, 1-3 miles off the shore of California, where the only law is the Sea. These things are incontrovertibly good.
There are almost no negatives to outsourcing, unless you consider alleged “abusive child labor to pad the pockets of the American affluent” a negative. To go against the curremt, I actually see this as one of the sweetest fruits of the globalization tree. Tiny little hands sewing my multinational quilt of opulence.
We also have one phase of our design that we have not yet mentioned. A few of our investors think that it will be our biggest hit traffic-wise. I will go into it more in later posts but in brief it can be summed up as, “Sexy Chinese female bloggers.”
If we had one investment to make, one position to take, it would be to go long “Sexy Chinese Female Bloggers.” Get in on the IPO. Do whatever it takes. The greatest outsourcing investment opportunity of our lifetimes. Price Target $Perftyperftyeleven.