A share of Amazon or an ounce of Platinum?

Options
Coinstartled
Coinstartled Posts: 10,135 ✭✭✭✭✭
in Precious Metals

Your answer should be a single word.

«1345

Comments

  • bronco2078
    bronco2078 Posts: 10,438 ✭✭✭✭✭
    Options

    no

  • Geckster109
    Geckster109 Posts: 231 ✭✭✭
    Options

    Silver

  • Coinstartled
    Coinstartled Posts: 10,135 ✭✭✭✭✭
    Options

    @Geckster109 said:
    Silver

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

  • Geckster109
    Geckster109 Posts: 231 ✭✭✭
    Options

    @Coinstartled said:

    @Geckster109 said:
    Silver

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

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

  • YQQ
    YQQ Posts: 3,460 ✭✭✭✭✭
    Options

    Silver

    Today is the first day of the rest of my life
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
    Options

    Amazon

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

    @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?

  • Geckster109
    Geckster109 Posts: 231 ✭✭✭
    Options

    @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

  • PerryHall
    PerryHall Posts: 47,753 ✭✭✭✭✭
    Options

    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

  • BruceS
    BruceS Posts: 1,554 ✭✭✭✭✭
    edited June 1, 2017 10:38AM
    Options

    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, blu62vette, morgan13, torinoCobra71, JWP, promethius88,
  • MsMorrisine
    MsMorrisine Posts: 40,043 ✭✭✭✭✭
    Options

    wait a week for amzn

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
    Options

    amazon

    theknowitalltroll;
  • Coinstartled
    Coinstartled Posts: 10,135 ✭✭✭✭✭
    Options

    For the record i'll take the Plat.

  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
    Options

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

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

    theknowitalltroll;
  • Coinstartled
    Coinstartled Posts: 10,135 ✭✭✭✭✭
    Options

    @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.

  • MorganMan94
    MorganMan94 Posts: 1,331 ✭✭✭✭✭
    Options

    Platinum

  • hchcoin
    hchcoin Posts: 4,843 ✭✭✭✭✭
    Options

    Amazon

  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
    Options

    @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), bobinvegas1989@yahoo.com
  • renman95
    renman95 Posts: 7,037 ✭✭✭✭✭
    Options

    AMZN

  • VanHalen
    VanHalen Posts: 4,330 ✭✭✭✭✭
    Options

    @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.

  • BruceS
    BruceS Posts: 1,554 ✭✭✭✭✭
    Options

    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, blu62vette, morgan13, torinoCobra71, JWP, promethius88,
  • zrlevin
    zrlevin Posts: 734 ✭✭✭
    Options

    Amazon. At least I hope.

    Zach
  • Coinstartled
    Coinstartled Posts: 10,135 ✭✭✭✭✭
    Options

    A bit of over exuberance perhaps....

    :#

  • PerryHall
    PerryHall Posts: 47,753 ✭✭✭✭✭
    Options

    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

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
    Options

    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

  • bronco2078
    bronco2078 Posts: 10,438 ✭✭✭✭✭
    Options

    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.

  • Weiss
    Weiss Posts: 9,942 ✭✭✭✭✭
    Options

    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
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
    Options

    @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.

    theknowitalltroll;
  • Weiss
    Weiss Posts: 9,942 ✭✭✭✭✭
    Options

    @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
  • Banknotes122
    Banknotes122 Posts: 74 ✭✭✭
    Options

    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

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
    Options

    I like Platinum. :)

    My YouTube Channel

  • Sango
    Sango Posts: 177 ✭✭✭
    Options

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

  • Justacommeman
    Justacommeman Posts: 22,852 ✭✭✭✭✭
    edited June 3, 2017 12:21AM
    Options

    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......
  • tommy44
    tommy44 Posts: 2,347 ✭✭✭✭✭
    Options

    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

  • MsMorrisine
    MsMorrisine Posts: 40,043 ✭✭✭✭✭
    edited June 3, 2017 1:07PM
    Options

    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
  • Justacommeman
    Justacommeman Posts: 22,852 ✭✭✭✭✭
    Options

    @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......
  • Coinstartled
    Coinstartled Posts: 10,135 ✭✭✭✭✭
    Options

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

  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
    Options

    @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.

    theknowitalltroll;
  • Coinstartled
    Coinstartled Posts: 10,135 ✭✭✭✭✭
    Options

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

  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
    Options

    @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

  • Coinstartled
    Coinstartled Posts: 10,135 ✭✭✭✭✭
    Options

    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.

  • MsMorrisine
    MsMorrisine Posts: 40,043 ✭✭✭✭✭
    edited June 4, 2017 10:59AM
    Options

    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
  • Justacommeman
    Justacommeman Posts: 22,852 ✭✭✭✭✭
    Options

    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......
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
    Options

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

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

    theknowitalltroll;
  • tommy44
    tommy44 Posts: 2,347 ✭✭✭✭✭
    Options

    @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

  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
    Options

    @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

  • Coinstartled
    Coinstartled Posts: 10,135 ✭✭✭✭✭
    Options

    @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.

  • MsMorrisine
    MsMorrisine Posts: 40,043 ✭✭✭✭✭
    Options

    ??

    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
  • tommy44
    tommy44 Posts: 2,347 ✭✭✭✭✭
    Options

    @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

  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
    Options

    @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

    theknowitalltroll;

Categories