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re: Bezos - Hard to fully comprehend
Posted on 11/2/20 at 12:00 pm to Obtuse1
Posted on 11/2/20 at 12:00 pm to Obtuse1
quote:
This has little to do with Amazon although Amazon gives easy access to crappy good but they also give access to quality goods.
I think this Amazon economy is better than the Walmart economy that shut down mom and pops through the pre-amazon years. The way I see it is Amazon gives smaller businesses and those with new niche products a chance to sell their products. There are many products I can find on Amazon that I would never find in a brick and mortar retail store and for that reason alone I like Amazon.
Bezos makes a lot of money but what he is doing is nothing more than providing a portal for people to market and sell their products. He combined walmart and ebay.
Bezos will dominate until someone else comes in with something similar or better. It never goes on forever and eventually, even with his value today, he will likely become over leveraged and soem event will cause a collapse for him. If China craters Bezos will crater.
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