Thursday, September 11, 2014

Another Thought About Amazon and The Everything Store

Followup thought on my review of The Everything Store: Amazon's market capitalization is more than half the value of WalMart already. And it's not like Amazon is likely going to be worth over a trillion dollars - you probably can't make 10x on it. And you could lose 100% if something bad happens to discretionary spending or shipping costs. And no cash flows in the interim!

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