Jeff Bezos's Net Worth Just Broke $100B
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Jeff Bezos's Net Worth Just Broke $100B
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Re: Jeff Bezos's Net Worth Just Broke $100B
#2> 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.
Re: Jeff Bezos's Net Worth Just Broke $100B
#3> 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.
Re: Jeff Bezos's Net Worth Just Broke $100B
#4> 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.
Re: Jeff Bezos's Net Worth Just Broke $100B
#5AMZN, 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?
Re: Jeff Bezos's Net Worth Just Broke $100B
#6> 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.
Well, to be fair, some of their inability to cash in on the web could be attributed to the regulatory hurdles (especially in Europe, but with global consequences) they faced in their attempts to push IE as part of the OS, etc. I do agree with you that market forces (courtesy of some wrong strategic decisions made early on and a willingness to stick to them for too long) were the predominant factor, though.
Re: Jeff Bezos's Net Worth Just Broke $100B
#7> 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.
I don't think this has a lot to do with the antitrust case. His wealth simply peaked at the height of the dotcom bubble and then went down again because of the stock market crash in 2000.
Re: Jeff Bezos's Net Worth Just Broke $100B
#8AMZN, 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
Re: Jeff Bezos's Net Worth Just Broke $100B
#9Earlier quoted context omitted.
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.
Well, to be fair, some of their inability to cash in on the web could be attributed to the regulatory hurdles (especially in Europe, but with global consequences) they faced in their attempts to push IE as part of the OS, etc. I do agree with you that market forces (courtesy of some wrong strategic decisions made early on and a willingness to stick to them for too long) were the predominant factor, though.
I definitely remember them being much tamer and less aggressive when they got into trouble. I think it also hurt their public image.
Re: Jeff Bezos's Net Worth Just Broke $100B
#10> 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.
and Paul Allen got a huge chunk too, whereas Bezos is the only one