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Include me in the same boat, but that was many years before I learned value investing and fundamentally analysis of equities. One of which is gross margin analy
by achillesheels 8y ago
Include me in the same boat, but that was many years before I learned value investing and fundamentally analysis of equities. One of which is gross margin analysis.
Amazon, despite losing money, had very competitive gross margins from day one. I think pets.com was literally losing money on every product they sold (but don’t quote me), which is not sustainable.
- joejerryronnie 8y agoThey were losing money on each sale but they planned to make it up in volume.