Not spending nearly enough on rockets.
Jeff Bezos's Net Worth Just Broke $100B
11–20 of 124 posts
Re: Jeff Bezos's Net Worth Just Broke $100B
#12> Bill Gates was last person to attain 12-figure fortune in 1999 $100B nearly 20 years ago, just before the federal antitrust case decision against Microsoft. Makes me wonder how much concentration of wealth would occur if regulation was not in place.
All of history up until modern times is an example of unregulated wealth accumulation. It sucked.
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Re: Jeff Bezos's Net Worth Just Broke $100B
#13> Bill Gates was last person to attain 12-figure fortune in 1999 $100B nearly 20 years ago, just before the federal antitrust case decision against Microsoft. Makes me wonder how much concentration of wealth would occur if regulation was not in place.
Bill Gates has also given a lot to charity, from the article - 'Gates, 62, who has a net worth of $86.8 billion according to the Bloomberg index, would be worth more than $150 billion if he hadn’t given away almost 700 million Microsoft Corp. shares and $2.9 billion of cash and other assets to charity, according to an analysis of his publicly disclosed giving since 1996.'
Re: Jeff Bezos's Net Worth Just Broke $100B
#14AMZN, the stock, is trading at a P.E. Ratio of nearly 300. http://finance.google.com/finance?q=NASDAQ%3AAMZN Serious question: Considering that it nearly doubled over the past year, is it already too late to buy Amazon stock? Or not? What's the upside?
While AMZN might grow into their valuation eventually, there are many other equities that are seemingly undervalued given their current fundamentals. I wouldn't try to short AMZN, but I would look elsewhere for investment opportunities; and, while trite, the advice to invest using ETFs that spread your risk is probably a better strategy.
Re: Jeff Bezos's Net Worth Just Broke $100B
#15AMZN, the stock, is trading at a P.E. Ratio of nearly 300. http://finance.google.com/finance?q=NASDAQ%3AAMZN Serious question: Considering that it nearly doubled over the past year, is it already too late to buy Amazon stock? Or not? What's the upside?
So many people have gotten burned by betting against Amazon because it has a high PE ratio. When you remove the cap-ex , the PE ratio falls dramatically. https://greyenlightenment.com/not-worried-about-tech-bubble-... I think it goes to $2000/share soon (as in a few years). disclosure: long amazon
I'm beginning to wonder about Amazon in the long run.
I know it's sacreligious, but Wallmart brought most of their prices down to Amazon levels, and offer free shipping on orders over $35, and no Prime yearly fee.
Brick and mortar businesses are stepping up to the competition.
Re: Jeff Bezos's Net Worth Just Broke $100B
#16So his net worth is now more than the GDP of my country. Scary.
Re: Jeff Bezos's Net Worth Just Broke $100B
#17So his net worth is now more than the GDP of my country. Scary.
This is not a great comparison: net worth vs market value of goods over time. E.g. what if GDP was measured in decades instead of years?
Re: Jeff Bezos's Net Worth Just Broke $100B
#18So his net worth is now more than the GDP of my country. Scary.
GDP is a flow, net worth is a stock. Not sure how this became a standard comparison.
Re: Jeff Bezos's Net Worth Just Broke $100B
#19Re: Jeff Bezos's Net Worth Just Broke $100B
#20> Bill Gates was last person to attain 12-figure fortune in 1999 $100B nearly 20 years ago, just before the federal antitrust case decision against Microsoft. Makes me wonder how much concentration of wealth would occur if regulation was not in place.
Google and Apple and the inability of Microsoft to cash on both the web and mobile (where all the money was in computing in the 2000's and 2010's) is why Microsoft stock and Bill Gates net worth lost value. Not thanks to regulations but thanks to the market.
MSFT Market Cap: $642.317B
$20 Billion income a year
Lots of dividends over the years.
if this is lost value...I'd take it.