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Old 09-16-2015, 08:51 PM   #35
SteveEisenberg
Grand Sorcerer
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Quote:
Originally Posted by darryl View Post
But the whole buggy whip industry likes to portray Amazon as a monopoly.
darryl, I'm going back to your OP because I just thought of an answer to the "buggy whip" jibe.

Jeff Bezos has a reasonable perspective on the idea that change is the sine qua non of good business strategy:

Quote:
I very frequently get the question: 'What's going to change in the next 10 years?' . . . I almost never get the question: 'What's not going to change in the next 10 years?' And I submit to you that that second question is actually the more important of the two -- because you can build a business strategy around the things that are stable in time.
Quote:
Originally Posted by tubemonkey View Post
Amoral, of course; but dividends only for the upper echelon.
The only dividends I can find Bezos quoted on are "dividends for our customers." I could be wrong, but my guess is that he'd be dead set against sending checks to a bunch of stockholders.

Last edited by SteveEisenberg; 09-16-2015 at 09:13 PM.
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