A share of Amazon or an ounce of Platinum?
Coinstartled
Posts: 10,135 ✭✭✭✭✭
Your answer should be a single word.
0
Coinstartled
Posts: 10,135 ✭✭✭✭✭
Comments
no
Silver
Ok...you're down for an ounce of silver.
The monetary equivalent......or about 54 ounces of silver.
Silver
Amazon
No dice. When you go to a wedding and the choices are fish or chicken, do you order a hamburger?
I'm sorry....I didn't realize you were at a wedding that only served Amazon stocks and platinum. Ok....in that case, take the platinum and quickly convert it into silver. Done!
Platinum.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Amzn all the way. Jeff Bezos is expected to surpass Bill Gates by the end of the year as the richest man in the world.
eBay ID-bruceshort978
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wait a week for amzn
amazon
For the record i'll take the Plat.
What is the purpose of the choice? Long term hold? Other?
Prices of the two were similar. Thought it would be a good thread to look back at every few months.
Platinum
Amazon
Jeff Bezos is growing his "stack" Mr. Gates has been giving his stack away....Apples and Oranges.
AMZN
I thought he already had passed Gates, at least temporarily?
If AMZN's P/E stays anywhere near its current 200/1 Bezo will rocket past Gates soon. He owns 80 million shares.
The latest tally has him at 4th,(according to Bloomberg) but climbing fast.
eBay ID-bruceshort978
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Amazon. At least I hope.
A bit of over exuberance perhaps....
I have a question for those that voted Amazon---are you selling off any of your PM's to buy Amazon and if not, why not?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Platinum.... I believe Amazon will do well.. and likely split in the near future...however, I have more faith in PM's....and yes, I have heard - and studied - all the arguments on this issue. Cheers, RickO
If the institution of slavery still existed in the US the ships bringing the slaves in would all dock at the local amazon fullfillment center. So ya obviously , go long AMZN
Hyperbole perhaps to equate sub minimum wage jobs with slavery but the slope of that line is trending down not up so give it a decade or two and re evaluate.
On the other hand if one could make 5 or 10% on a trade or two no price is too high to pay for the unwashed masses.
Amazon.
--Severian the Lame
No. I don't own enough PMs to buy enough shares that it would really matter. I have a few shares in an IRA and that's it.
I voted AMZN.
I don't hold PMs for appreciation. They are a store of wealth that is compact, durable, difficult to manipulate, and which has no memory. I'm happy where my PM holdings are for now.
I was fortunate to buy a few dozen shares of Amazon several years back for about $180 IIRC. The price increased to near $300, so I sold all but two shares in order to buy another stock which flatlined and was eventually traded for something else. But I did hang on to those two shares. Now they're worth $1k each, give or take. And there is the potential for splitting, and maybe someday a dividend. Long term, platinum may keep pace with inflation and may even increase in relative value. But I feel Amazon may outpace that performance.
--Severian the Lame
I vote Amazon. Amazon will soon be what Wal-Mart is today, only bigger and better.
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I like Platinum.
My YouTube Channel
Platinum, but you already know what I'd say.
I'm a Pt bug.
Not a fan of any of the white metals. More Amazon please
Mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Current AMZN PE Ratio 189.59, I can't see how it can continue to maintain that when compared to MSFT at 31.67 and APPL at 18,24.
I'd take the Platinum, sell it, and buy APPL.
it's crackers to slip a rozzer the dropsy in snide
selling PMs to buy AMZN?
I'm not selling what little numismatic Pt I have.
as for selling any stack PM, there is more to be considered than just PM vs. AMZN. Each has their own risk. Owning both is balanced.
Finally, the choice of one was given. Although there are those of us that did simply name one or the other, it was rather binary. Investing isn't like that, however a single choice was made.
I think AMZN is undervalued if anything even at this lofty PE ratio. They are a category killing machine. APPL and MSFT don't play in the same space as Amzn.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
It is a big deal for Amazon to have any PE. Many years they operate at a loss.
They operate at a loss because they choose to plow a lot of their earnings back into the business.
That is a brilliant strategy when the economy is doing well....
....to gain market share that they can now monetize.
I remember a business class I had junior year in college. Each student had a company and competed with each other in the class. While everyone tried to maximize profit by selling a few items at high prices, I undercut them all and barely broke even....until the last few weeks of the class when I gained almost all the market share and could charge any price I wanted. At the end of the semester, my company had racked up the largest overall profits...I got an A.
Knowledge is the enemy of fear
Had the same experience in college. We split into groups. The product was popcorn. We expanded as fast as we could. The last week of the course bounced us from second place to first.
There was little risk in a declining economy though and the money was bogus. Bezos is brilliant but over expansion can quickly bite one in the butt.
and what is interesting is that AMZN survived the .com era while not having a profit and flying in the face of conventional wisdom to attain profitability relatively quickly, especially if listed.
fascinating. i'd love to hear what the top flight business schools have to say about their model through the early and middle years.
I do note from the early .com years that AMZN did execute customer service better than almost all startup .coms and I'm sure that is one of the reasons for their survival and leadership as an online retailer. As the words new paradigm were thrown about many newbs made it hard to find a call in number, forced email contact and responded poorly with that mode. I don't recall if AMZN took the same route back then, but they were known for good execution and fulfillment. (look up eToys dot com history for the exact opposite)
for the younger crowd, I direct you to this: web economy bullshît generator. Some of them actually are intelligible, but in reality they were more like this example: "recontextualize seamless relationships." It is reflective of how the new paradigm also resulted in a new business descriptor paradigm. CNBC talking heads would ask these guys what the business plan description meant only to be met with more bullshît. The arrogance was also reflected in their new paradigm of customer service, poor.
The end result is AMZN executed. That execution brought more business and higher cash flow. That cash flow was used to service their increasing debt. Rinse. Repeat.
At my apartment building in NYC Amazon delivers to it eight times a day. The lobby has rows of Amazon boxes sorted by apt number when you come home at night. Everything from hard to soft goods to perishables. They are Retail
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Not sure if this is intended to be snarky or insightful.
Before you have earnings to plow back into the business you have to actually have earnings. Amazon hadn't had any to speak of until recently.
it's crackers to slip a rozzer the dropsy in snide
@tommy44 said:
No.. you just need yo have access to folks who believe in you.
Knowledge is the enemy of fear
Probably nuanced. Economy has not experienced a prolonged downturn in several decades. Not the type experienced in the seventies and early 80's. Sure markets have crashed and folks have been laid off, but the wizards in DC have always pumped out generous amounts of greenbacks to
keep the favored big guys solvent.
Should that come to an end and the bucket load of subsidies and tax breaks handed to Bezos come to a screeching (or even a less sudden halt), the leverage will be a killer. Retaining some earning is always a prudent idea.
Prudent I suppose, got flushed as a business model many years ago.
??
Great Recession? .com bust? They've weathered both.
in 2014 the fed published a report that families at the bottom of the pile still saw substantial income declines, families in the middle and lower upper class saw little change and the top 10% saw widespread income gains, however, they noted that mean and median income levels were still below 2007 levels.
https://fred.stlouisfed.org/series/GDPC1
Real GDP took longer to recover in the Great Recession than any time in the 70's or 80's
Correct, I was just making a point that if you have a loss you are not investing EARNINGS back in the business, you are investing someone else's money back in the business.
it's crackers to slip a rozzer the dropsy in snide
My recollection as a not very close follower of AMZN was that earnings were low or non-existent because of Bezo's tendency to plow what would have been earnings back into the business. YMMV