3 ms·
The brilliant part is Amazon doesn't make money directly by selling books, they make money by not paying for books until they are all sold (so publishers are ef
by dsl 13y ago
The brilliant part is Amazon doesn't make money directly by selling books, they make money by not paying for books until they are all sold (so publishers are effectively floating them interest free loans for every new title).
A perfect example of finance domain knowledge.
- OvidNaso 13y agoThis also happens in the drug trade. But I don't think we can attribute it to finance domain knowledge.