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PLEASE
I wonder if this becomes a possibility again with Bezos out. Wasn't he the one that was opposed to it?
I think the Bezos change probably scares people but he’s probably been planning this. Jassey is the perfect guy for the job. Well liked, has been head of AWS forever and is Bezos’ right hand guy. Honestly, I don’t think it changes anything.
Dividend stocks don’t have 44% revenue growth for the quarter. $385B in revenue for 2020, 37.5% complete year over year growth. That’s impressive growth for one of the world’s largest companies. That’s faster growth than some of the tech stocks I own that sell for 20-30-40 times revenue. Amazon is at a little over 4 times revenue. Not saying they should trade at a higher multiple just that they aren’t close to slowing down to be a dividend play.
Lol. Talk about a zit on the ### of an 800 lb gorilla.
I'm liking this the more I think/read about it. Bezos has run this company day-to-day for 27 years and has multiple other ventures. Hopefully the reporting he will mostly be involved with newer ventures isn't just spin. AWS is the future so Jassy makes perfect sense. It will be interesting if/how management of the older businesses changes.
Surely Jassey will make more than 2-3 decisions a day. Glad to see Bezos sent to the pasture.
Some FishNBeer dude mentioned that Bezos only has three ideas a day so I’m assuming Jassey and others were already the COOs. Bezos will likely still be about as involved as he was without having to do any day to day.
Lol. So predictable, you posted while I was typing and I knew exactly what you’d say.
I'd also assume Jassy would be a bit more interested in going out to evangelize the stonk more than Bezos feels like. That seems to matter.
You're being short-sighted. BTC and derivatives were viewed as not being investment grade not all that long ago. Making inroads in corporate treasuries, pensions, endowments, etc is a tremendous gain for the asset.
I don’t think we’ll see any changes early, but it will be interesting to see if they have different styles. Bezos really wasn’t a limelight type of guy.
Amazon is lagging the major indices by 10% or so over the last half year.
Tokopedia has pretty much already said they are prepping to go IPO. I have no idea what that pop was, but a bunch of SPACs jumped at the end of the day. Saw some rumors about people jumping out of the heavily shorted stocks into SPACs, but who knows.
So basically just money sloshing around in a bathtub. I was hoping to hear that it had landed a good candidate. I still like the issue because of who is behind it.
I caught that, too. Somebody knows (or thinks they know) something about BTWN.
