No, man. You just don't get it! He's a master of the game. He's thinking 12 cards ahead and is going to uno your bishop with his Washington Post before you can even bingo your king of spades! It's so crazy it might just work!
I don't like the article. Full of sensationalist filler with little real content. What's his point? That stock price reflects the perceived expected value of the company now and in the future? He never really connects Amazon's investment into its infrastructure with Bezos' purchase of a newspaper. He talks about corporate profits as if they are a bad thing (and uses Apple as his sole example) - what about the second largest company in the world? Exxon Mobil hasn't had the same pattern as Apple at all. I'm sure there are plenty of other examples as well. So how does one data point prove his point that withholding profits is a good idea (and I'm not saying it isn't, I'm just confused by his argument)?
Anyways, yes Bezos is trying a strategy of targeting long-term growth. He makes that abundantly clear. Will it work out? Is he really a genius? Honestly, it's too early to really say definitively, isn't it? But that's boring, so no one would write an article saying that.
Theres a lot in the article about playing the long game with Amazon, but when it comes to WP, is just like, "trust me, he's doing the same with the Post" without any attempt to evaluate what the long game is with regards to a news entity.
Exactly. The Amazon backstory is interesting, but it does nothing to support his claim that WP is part of a strategy, or even say what the strategy might be.
In fact if we go by this article isn't Apple doing the same thing. He says Bezos/Amazon didn't show their cards for long and will eventually surprise people and win over. How does that not apply to Apple who is hoarding cash and not giving a hint of their future plans ?
I don't like the article. Full of sensationalist filler with little real content. What's his point? That stock price reflects the perceived expected value of the company now and in the future? He never really connects Amazon's investment into its infrastructure with Bezos' purchase of a newspaper. He talks about corporate profits as if they are a bad thing (and uses Apple as his sole example) - what about the second largest company in the world? Exxon Mobil hasn't had the same pattern as Apple at all. I'm sure there are plenty of other examples as well. So how does one data point prove his point that withholding profits is a good idea (and I'm not saying it isn't, I'm just confused by his argument)?
Anyways, yes Bezos is trying a strategy of targeting long-term growth. He makes that abundantly clear. Will it work out? Is he really a genius? Honestly, it's too early to really say definitively, isn't it? But that's boring, so no one would write an article saying that.
<\rant>