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re: Bill Gates is the richest man in the world again
Posted on 7/27/17 at 3:41 pm to beaverfever
Posted on 7/27/17 at 3:41 pm to beaverfever
quote:
If Amazon ever starts making money Bezos will really get rich.
thats not how it works. his wealth is intrinsically tied to stock, not company profits.
if amazon started making a profit due to market saturation instead of growth, the stock would likely stagnate or even drop making him less wealthy.
investors love them some growth companies, not companies who have peaked.
2
Posted on 7/27/17 at 3:46 pm to CAD703X
I know I'm just bitter and have a grudge against Amazon.
Posted on 7/27/17 at 4:00 pm to CAD703X
quote:They had a big miss on their earnings today, and they still made 200 million dollars. They've had net earnings of almost 3.3 billion since the beginning of last year.
thats not how it works. his wealth is intrinsically tied to stock, not company profits.
quote:They've posted net earnings every quarter since Q4 of 2014. Obviously the margins are slim (1 or 2 percent), but they are growing quickly and consistently making a profit.
if amazon started making a profit due to market saturation instead of growth,
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