If this were a Bond movie, Bezos would be cackling in his secret lair about how his viral plan was coming to fruition. Bond (played by Idris Elba) would then cough on Bezos, who would whip out his antidote, which Bond would grab, escape, and release to the world before being killed by Thanos. (Pitch Meeting, call me)
Curse you Bezos for your evil plan to supply us with much needed goods.
If this were a Bond movie, Bezos would be cackling in his secret lair about how his viral plan was coming to fruition. Bond (played by Idris Elba) would then cough on Bezos, who would whip out his antidote, which Bond would grab, escape, and release to the world before being killed by Thanos. (Pitch Meeting, call me)
If Bezos was a villain then Amazon Basics would have Mao suits. And drones. With sharks. And lasers.
> after selfishly spending billions on stock buybacks I've been seeing this on twitter a lot. Is there some context you can provide for why these particular repurchases were in bad taste, given no awareness of the upcoming pandemic. I am assuming you don't view repurchases as 'selfish' generally.
A buyback is a form of capital return to shareholders. Improvements in leg room, amenities, services, infrastructure, etc, are a form of capital return to customers. When executive compensation is tied to operating profit or market capitalization, there is an incentive to reduce the product quality (the air traveler experience, in this case) to the minimum competitive level and boost the share price. A buyback boosts…
You should at least mention the criteria for returning capital to shareholders - no NPV positive projects available. We can debate whether or not that is true but it’s not fair to just say “they should have reinvested in the business instead of returning capital”.
I suspected Amazon would do well in this crisis, and this development confirms it. My elderly neighbors, for example, are now ordering their groceries online and having them dumped on their doorstep.
> I suspected Amazon would do well...
Until people camping at home start getting sick, with their common factor being Amazon Fresh delivery.
If this were a Bond movie, Bezos would be cackling in his secret lair about how his viral plan was coming to fruition. Bond (played by Idris Elba) would then cough on Bezos, who would whip out his antidote, which Bond would grab, escape, and release to the world before being killed by Thanos. (Pitch Meeting, call me)
Give Bezos a break. His companies allows quarantined people to suffer less.
It’s still awaiting peer review, but initial research suggest 24 hours of stability on cardboard, 2-3 days on plastic and metals: https://www.wired.com/story/how-long-does-the-coronavirus-la... https://www.medrxiv.org/content/10.1101/2020.03.09.20033217v...
Out of an abundance of caution I've just been leaving packages in my garage for a week before opening them. If you have the space and can order stuff a week before you need it, I suggest this.
Almost the same here, leaving them in garage for two days. It feels weird how the new normal, protocols to avoid infection, are starting to seem like the same old routine now. Wonder how it will feel after a few months, or more.
Look, I complain about wealth inequality more than anyone I know. Stock buybacks had A LOT of problems people don't discuss. But this isn't really what ruined the airlines. UAL -- the hardest hit and worst buyback offender -- bought back $1.2Bn in 2015, $2Bn in 2016, $3Bn in 2017, $1.2Bn in 2018, and $3Bn in 2019. That's a total of $10.4Bn. To my knowledge, less than 4% of that was on borrowed money. They returned ro…
>Even if they had that $10.4Bn, they could not get through Coronavirus. Airlines have HIGHLY volatile margins on INSANE amounts of revenue. None of them could withstand a 70% decrease in air traffic for a year. Ignoring Tech industry, most companies on earth could not withstand a 70% drop in revenue. The world we are in today is that everyone is trying to go for Big Revenue and Slim Profit Margin. A side effect from…
Anything where there isn't something else limiting supply (prestige, luxury, brand, IP rights, network effects, zoning) is going to have slim profit margins. That includes most goods and commodities. That means that "Big Revenue and Slim Profit Margin" are going to be the companies providing commodity services to most people. If you want small revenue large profit margin air travel, you're looking at charter and luxury, for instance.
The dark side of the moon always faces away from earth. It is more accurately called the far side of the moon. During a new moon the "dark side" is lit by the sun. It receives as much sunlight as the near side but always faces away from the earth.
Liz Holmes inadvertently stumbles upon the cure, vindicating her reputation.
She will be given a clue for the cure, she stumbles upon it, but nobody believes her this time. Time stone is used to rewind all the way back to 2003 in a third attempt
If this were a Bond movie, Bezos would be cackling in his secret lair about how his viral plan was coming to fruition. Bond (played by Idris Elba) would then cough on Bezos, who would whip out his antidote, which Bond would grab, escape, and release to the world before being killed by Thanos. (Pitch Meeting, call me)
Fantasy-land aside, Bezos is the CEO of the organization that runs the GovCloud AWS region, which is almost certainly designated critical military infrastructure, JEDI-loss aside. I would be astounded if there are many billionaires in the USA who are not this moment already taking chloroquine/hydroxychloroquine in the recommended prophylaxis doses, even outside of those deemed mission-critical by the most powerful or…
I'm no billionaire, but if I were, I'd either be on my yacht offshore or at my island retreat. Not sure I'd take an anti-malaria drug in the hope it gave me some protection from the pandemic.