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by zpeti
2228 days ago
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I’m not buying into anything but investors are. Amazon isn’t profitable. It’s not to avoid paying tax, it’s to reinvest. And because investors don’t care about profits in amazon it makes bezos the richest man. This doesn’t have anything to do with my initial comment though. Amazon is cheap because it pushes costs down in every area. Including workers. And consumers like that. |
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Invest less in growth and more in the human capital that is essential to running the business.
Playing by a different set of rules guided by Jeff's meglomania has driven them to the top and that is laudable.
Once you've conquered the world do you still need to keep squashing the people you lead? What is it serving at that point other than pure egotism ?