Tuesday, October 03, 2017

Amazon Doesn't Want to Make Money

In Barrons: "What Amazon Will Destroy Next?"9/30/2017,NYU's Scott Galloway talks with Barron's about the future of Prime shopping, and why Netflix should be worried. Also, hope for Wal-Mart.  

There is a certain insanity about a firm that has a market capitalization of $460 billion and does its best not to make money.  What are investors valuing?

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