4 ms·
> But I will bet a ton of money it will be far, far higher at the end of this decade. This is about network effects, the internet, scale, national security and
by solatic 6y ago
> But I will bet a ton of money it will be far, far higher at the end of this decade. This is about network effects, the internet, scale, national security and the ability to achieve total dominance in a sector and leverage that into other sectors.
In other words, you're betting that regulators continue to permit Amazon to continue to consolidate monopolistic (if not outright monopoly) power. If regulators were to ever decide to break up Amazon - surely the stock price, so dependent on market dominance, would crater as a result.
I'm not saying you're wrong to make that bet / assumption, but it's important to note that Amazon's dominance is not a guaranteed destiny or inevitability. There are threats to their dominance.