Category: Articles

Harrington Kingston Hass

I am now a Partner at Harrington Kingston Hass working with an amazing team of investigators, negotiators and intelligence people. If you need any of the following, please reach out via the contact centre.

  • People or witnesses found
  • Discover hidden controlling influences in companies and trusts as well as front organisations
  • Evidence gathering & litigation support
  • Deep research for short-selling campaigns
  • Assistance with private & allied government investigations
  • Security hardening to protect proprietary information and assets
  • Operational security training for personnel
  • Counter-intelligence measures, procedures, training and implementation
  • Discreet high-stakes negotiations including blackmail intervention
  • Double-blind transactions and secure meeting facilitation

Harrington Kingston Hass is an investigation, negotiation and counter-intelligence company focused on the corporate sector. HKH assists clients to be successful in litigation and make better decisions informed by the very best and most up-to-date information available.

HKH aims to deliver certainty to clients’ situations and resolve speculation. HKH also helps clients ensure that their proprietary information is as secure as possible and reduces threats of information loss or leakage.

HKH takes privacy and confidentiality extremely seriously, so feel confident in briefing HKH on your requirements for a swift and successful outcome.

Oligopolies are great for entrepreneurs

An oligopoly has various academic definitions that describe the same kind of market structure: an inefficient market with market power concentrated in a small number of firms where consumers are overpaying for the particular good or service at a given level of quality. Overpaying takes various forms including an inferior product being overcharged for, or an OK product commanding a significant price premium due to the market structure (e.g. artificially restricted supply).

Sometimes oligopolies are disguised as competitive markets, sometimes this is by accident but most of the time, this is by design of the key market actors.

In Australia, superannuation is an example of a large oligopolistic market. It spends millions of other people’s money to maintain the illusion of competition, but does not have the reality of it.

How to work out if a market is an oligopoly

  • Market share is consolidated in a small number of large firms.
  • The large firms have been in the market for a long time i.e. none of the large incumbent players are new firms (new being post-internet era).
  • Limited technology absorption and adoption by the large market participants i.e. products are not evolving with the times.
  • Market share not correlated to product or service quality or price i.e. better products don’t gain market share over time.
  • Good entrepreneurial businesses acquired quickly and shelved or drowned by regulators in uneven scrutiny.

Why is it preferred to enter oligopolies over competitive markets as a start-up?

  • Compared with competitive markets, in oligopolies incumbents have forgotten how to compete and are easier to outmanoeuvre at market-entry and going forward.
  • The people who made the oligopolist firm what it is today are generally no longer involved in the business and have been replaced with salaried bureaucratic executives, not founder executives.
  • The oligopolist will have lost its talent edge and will likely have no “zero to one” credentials to respond to you if you can hit the market with genuine innovation.
  • The market size & revenue opportunity is easy to model as you just need to sum up the current market impact of a few incumbent firms to get an accurate picture.

What are some of the challenges in fighting oligopolists?

  • The oligopolist gravy train runs deep and much deeper than you think. Do not underestimate the supply chain, distribution chain, media and regulator alignment to the status quo and mean-reversion impact that they will have against your entry. To survive, you will often have to show the ecosystem around the incumbents that there will be more gravy with you or you need a thick enough skin / capital moat to blast through them and not require their support.
  • You can accidentally invigorate the opponents & create excitement in the market which has the impact of money & talent flowing to one or more of the incumbents when they see the potential of what you’re doing, making them worthier competitors. You need to remain discreet for as long as possible, and when you do launch, strike hard and fast and manage leaks / defection risk carefully until launch.

Go Bag – Optical Additions

Humvee 10×50 Field Binocular with Galactic Bioware prototypes

The current Go bag is light on escape and tactical optics so I’ve made the following additions:

  • Leupold Mark 4 12-40x60mm Tactical Spotting Scope
  • Humvee 10×50 Field Binocular
  • FLIR Breach PTQ136 Thermal Imaging Monocular (60Hz)
  • Streamlight ProTac HL-X 1000 Lumens Flashlight Black

This all still fits in the Condor Colossus Duffle Bag (52 Litres) although it is getting cramped in there.

In the photo above I’m wearing:

  • G-Shock Digital Military Black Series, Shock Resistant GD400MB-1D
  • Humvee 10×50 Field Binocular
  • Galactic Bioware Prototype Cap
  • Galactic Bioware Prototype Tee
  • (out of shot) Galactic Bioware Prototype Tactical Pants
  • (out of shot) Merrell Moab 2 Mid Tactical Waterproof Boots Black

Optics gear sourced from TacticalGear.com.au

Updated Ride

In preparation for the new skate park which is mostly street (vs. vert), I’ve gone back to my street roots and made some changes to my rig.

Toy Machine Fists Yellow
PartPreviousNew
WheelsSpitfire Formula Four Afterburner Wheels (55mm)Darkstar Divide Wheels Red Black (51mm)
DeckGirl Mike Carroll (8.25 inch)Toy Machine Fists Yellow (7.75 inch)
BearingsBones Super RedsABEC 13 Red

Key points:

  • I reduced the size of my wheels from 55mm to 51mm for better control and feel
  • The hardness of the wheels is about the same (still at the hard end of the range – 99A on the old durometer)
  • The deck is narrower from 8.25 inches to 7.75 inches for easier flipping and technical tricks

I’ve had many Toy Machine boards, but I’ve never tried ABEC bearings or Darkstar wheels so I thought I’d give them a crack. Will report back on my findings.

See the rest of the ride here.