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I am amazed at how amazon remains doing business with so low margins or no profits. It's called the bait and switch? That's always how it works. They will extr
by 001sky 13y ago
I am amazed at how amazon remains doing business with so low margins or no profits.
It's called the bait and switch? That's always how it works. They will extract value from you, likely in ways you don't understand. Or cant comprehend. At times you won't expect. Anything else is a mathematical impossibility, given the fiduciary repsonsibility of management. Its not if but when.
- 001sky 13y agosee: https://news.ycombinator.com/item?id=6594314 https://news.ycombinator.com/item?id=6594314 (Dont forget this applies to taxes as well through NOLs.)