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I guess the question is where do you draw the line wrt "investing for the future." It's like the guy who works in his cave on a project and won't release it unt
by gfodor 14y ago
I guess the question is where do you draw the line wrt "investing for the future." It's like the guy who works in his cave on a project and won't release it until it's perfect.
I find it amazing that people have the patience to wait for AMZN to generate profits when a company like AAPL is sitting there generating more profit in a single quarter than all of Amazon's historical profit combined. What good is having the last laugh if you are already dead? Just how discounted are future cash flows that have no known realization date? You really can't trust the market to be more patient than you are, there is nothing keeping the stock up other than buyers being more patient for profits than sellers.
I mean, I get it from a CEO perspective, Bezos enjoys having his company eat up entire markets, best his competitors, and have millions of happy customers, and he's already rich. I'm just talking about the value proposition for investors.
- eruditely 14y agoThe people who don't really matter that much. If there is total net generated wealth, I don't really see what's so bad even if it does hurt the investors. Up to a point.