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A share of Amazon or an ounce of Platinum?

CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

Your answer should be a single word.

«1345

Comments

  • bronco2078bronco2078 Posts: 9,961 ✭✭✭✭✭

    no

  • Geckster109Geckster109 Posts: 231 ✭✭✭

    Silver

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @Geckster109 said:
    Silver

    Ok...you're down for an ounce of silver.

  • Geckster109Geckster109 Posts: 231 ✭✭✭

    @Coinstartled said:

    @Geckster109 said:
    Silver

    Ok...you're down for an ounce of silver.

    The monetary equivalent......or about 54 ounces of silver.

  • YQQYQQ Posts: 3,253 ✭✭✭✭✭

    Silver

    Today is the first day of the rest of my life
  • OPAOPA Posts: 17,103 ✭✭✭✭✭

    Amazon

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @Geckster109 said:

    @Coinstartled said:

    @Geckster109 said:
    Silver

    Ok...you're down for an ounce of silver.

    The monetary equivalent......or about 54 ounces of silver.

    No dice. When you go to a wedding and the choices are fish or chicken, do you order a hamburger?

  • Geckster109Geckster109 Posts: 231 ✭✭✭

    @Coinstartled said:

    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! :D

  • PerryHallPerryHall Posts: 45,173 ✭✭✭✭✭

    Platinum.

    Worry is the interest you pay on a debt you may not owe.

  • BruceSBruceS Posts: 1,348 ✭✭✭✭✭
    edited June 1, 2017 9:38AM

    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
    Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
  • MsMorrisineMsMorrisine Posts: 32,003 ✭✭✭✭✭

    wait a week for amzn

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • BAJJERFANBAJJERFAN Posts: 30,956 ✭✭✭✭✭
  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    For the record i'll take the Plat.

  • BAJJERFANBAJJERFAN Posts: 30,956 ✭✭✭✭✭

    @Coinstartled said:
    Your answer should be a single word.

    What is the purpose of the choice? Long term hold? Other?

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @BAJJERFAN said:

    @Coinstartled said:
    Your answer should be a single word.

    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.

  • MorganMan94MorganMan94 Posts: 1,330 ✭✭✭✭✭

    Platinum

  • hchcoinhchcoin Posts: 4,825 ✭✭✭✭✭

    Amazon

  • AUandAGAUandAG Posts: 24,473 ✭✭✭✭✭

    @BruceS said:
    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.

    Jeff Bezos is growing his "stack" Mr. Gates has been giving his stack away....Apples and Oranges.

    Registry: CC lowballs (boblindstrom), [email protected]
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭

    AMZN

  • VanHalenVanHalen Posts: 3,763 ✭✭✭✭✭

    @BruceS said:
    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.

    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.

  • BruceSBruceS Posts: 1,348 ✭✭✭✭✭

    The latest tally has him at 4th,(according to Bloomberg) but climbing fast.


    eBay ID-bruceshort978
    Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
  • zrlevinzrlevin Posts: 734 ✭✭✭

    Amazon. At least I hope.

    Zach
  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    A bit of over exuberance perhaps....

    :#

  • PerryHallPerryHall Posts: 45,173 ✭✭✭✭✭

    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.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    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

  • bronco2078bronco2078 Posts: 9,961 ✭✭✭✭✭

    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.

  • WeissWeiss Posts: 9,922 ✭✭✭✭✭

    Amazon.

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • BAJJERFANBAJJERFAN Posts: 30,956 ✭✭✭✭✭

    @PerryHall said:
    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?

    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.

  • WeissWeiss Posts: 9,922 ✭✭✭✭✭

    @PerryHall said:
    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?

    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.

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • Banknotes122Banknotes122 Posts: 74 ✭✭✭

    I vote Amazon. Amazon will soon be what Wal-Mart is today, only bigger and better.

    Successful transactions: Illini420, Bajjerfan, Coinfolio, Chadc13, Konsole, DM679864, Weiss and many more

  • ashelandasheland Posts: 22,543 ✭✭✭✭✭

    I like Platinum. :)

  • SangoSango Posts: 177 ✭✭✭

    Platinum, but you already know what I'd say. >:) I'm a Pt bug.

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    edited June 2, 2017 11:21PM

    Not a fan of any of the white metals. More Amazon please

    Mark

    Walker Proof Digital Album
    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......
  • tommy44tommy44 Posts: 2,181 ✭✭✭✭✭

    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

  • MsMorrisineMsMorrisine Posts: 32,003 ✭✭✭✭✭
    edited June 3, 2017 12:07PM

    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.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭

    @tommy44 said:
    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.

    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

    Walker Proof Digital Album
    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......
  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    It is a big deal for Amazon to have any PE. Many years they operate at a loss.

  • BAJJERFANBAJJERFAN Posts: 30,956 ✭✭✭✭✭

    @Coinstartled said:
    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.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    That is a brilliant strategy when the economy is doing well....

  • cohodkcohodk Posts: 18,488 ✭✭✭✭✭

    @Coinstartled said:
    It is a big deal for Amazon to have any PE. Many years they operate at a loss.

    ....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. :)

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    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.

  • MsMorrisineMsMorrisine Posts: 32,003 ✭✭✭✭✭
    edited June 4, 2017 9:59AM

    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.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭

    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

    Walker Proof Digital Album
    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......
  • BAJJERFANBAJJERFAN Posts: 30,956 ✭✭✭✭✭

    @Coinstartled said:
    That is a brilliant strategy when the economy is doing well....

    Not sure if this is intended to be snarky or insightful.

  • tommy44tommy44 Posts: 2,181 ✭✭✭✭✭

    @BAJJERFAN said:

    @Coinstartled said:
    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.

    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

  • cohodkcohodk Posts: 18,488 ✭✭✭✭✭

    @tommy44 said:

    @BAJJERFAN said:

    @Coinstartled said:
    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.

    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.

    No.. you just need yo have access to folks who believe in you.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @BAJJERFAN said:

    @Coinstartled said:
    That is a brilliant strategy when the economy is doing well....

    Not sure if this is intended to be snarky or insightful.

    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.

  • MsMorrisineMsMorrisine Posts: 32,003 ✭✭✭✭✭

    ??

    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

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • tommy44tommy44 Posts: 2,181 ✭✭✭✭✭

    @cohodk said:
    @tommy44 said:

    @BAJJERFAN said:

    @Coinstartled said:
    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.

    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.

    No.. you just need yo have access to folks who believe in you.

    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

  • BAJJERFANBAJJERFAN Posts: 30,956 ✭✭✭✭✭

    @tommy44 said:

    @BAJJERFAN said:

    @Coinstartled said:
    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.

    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.

    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

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