Re:Amazon and the “profitless business model” fallacy (2013)
by WalterBright on Thursday December 23, 2021 @06:38PM
(#29667898)
People also say that Wall Street is obsessed with short term profits. Amazon's stock price indicates otherwise. Ditto for Tesla.
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Re:Amazon and the “profitless business model” fallacy (2013)
by hn_throwaway_99 on Thursday December 23, 2021 @07:40PM
(#29668470)
I think that's a mischaracterization. It's not short term profits, it's short term performance. Amazon and Tesla are still evaluated quarter-to-quarter, and if they stumbled in their growth numbers they'd still get killed.
Re:Amazon and the “profitless business model” fallacy (2013)
by oarabbus_ on Thursday December 23, 2021 @08:11PM
(#29668780)
Hmm, but people also say "the market is forward looking". It's quite clear Wall Street loves growth (over the last decade, at least) and isn't at all obsessed with short-term profits.
Re:Amazon and the “profitless business model” fallacy (2013)
by MomoXenosaga on Friday December 24, 2021 @04:23AM
(#29671943)
There is a massive almost limitless supply of money at the moment, and you cannot put it into a savings account so you have to bring it to the stock markets.