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Originally Posted by rhadin
I don't know what "secret sauce" you are referring to but the big advantage Amazon has had is Wall Street's willingness to let it continue to lose money and not pay dividends, something Wall Street has been unwilling to do for any other company. As I wrote earlier, I suspect that Amazon's recent aggressiveness with Hachette and Disney is a direct result of Wall Street's change in tune and the now requirement that Amazon produce profits and dividends just like other companies are required to do.
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Give dividends, yes. Make profit, no. Amazon makes plenty of profit, which is reinvested in the business rather than forming a useless war chest. Wall Streeet doesn't want profit they want dividends, so their upset is both reasonable and understandable. Why some people live in a delusion that that means Aamzon has been losing money by existing all these years, I do not know.