In case readers are not aware, I stopped being frugal when it comes to food quite a while ago. My 20s were basically all about eating chai png and the occasional vegetarian bee hoon breakfast to keep my expenses low but after I became financially independent, I started eating like a normal person again.
Recently due to COVID-19, I have been eating rather well and as I can't restock Dr. Wealth's pantry after a successful run of my program ( a pre-COVD habit I developed), I decided to buy a meal for the Dr Wealth staff who supported me faithfully during this rally tough period of the business. Furthermore, this is not a personal expense but a business one, with mini-meeting included, I can go all out on the meal budget. Also, the fact that the STI has rallied and I am getting November dividends clearly made the expense negligible.
I've always wanted to eat at Haidilao but somehow could not because my pals do not like eating there when we have gatherings claiming that it is expensive. Instead, I eat at a lot of Mala outlets in Chinatown.
My curiosity about Haidilao is two-fold :
- What kind of service and food offering makes it command such a high premium?
- Is the company worth investing in if we just see it as day to day business?