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re: Anemic Amazon: Wall Street Tires Of Jeff Bezos' Aversion To Profit
Posted on 4/25/14 at 8:17 pm to GenesChin
Posted on 4/25/14 at 8:17 pm to GenesChin
I'm glad Bezos has the forethought and wisdom to tell Wall Street to F*** OFF. The long-term view he takes is a breath of fresh air - it is one of the biggest issues I have with companies going public. The emphasis on hitting short-term numbers can skew the management's decision making.
Posted on 4/25/14 at 8:43 pm to lynxcat
quote:
I'm glad Bezos has the forethought and wisdom to tell Wall Street to F*** OFF. The long-term view he takes is a breath of fresh air - it is one of the biggest issues I have with companies going public. The emphasis on hitting short-term numbers can skew the management's decision making.
If Warren Buffet was doing the same thing at Amazon, Wall Street would be sucking him off so hard right now.
Amazon is building a damn empire, they're going to be a force to be reckoned with.
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