Jeff Bezos Explains Why Amazon Makes No Profit (2014)

[@jasonantigua6825]

Can you please ask Jeff when I’ll be getting my Bosch hedge trimmer? It should have been delivered 2 days ago. Thanks.

[@ideabank.]

lol

[@brosnumber8888]

It's been 4 days. Can we get a update on the shipping

[@anil-vh1xf]

Lol

[@investmentknowledge2011]

Lmao 😂

[@Wowimhungry9]

Tell them you didn't get it even though you did Nd they'll send another one.

[@roblop6322]

He's basically saying why pay taxes on profits when you can keep investing in more property, plant, and equipment and not pay taxes and it grows the business.

[@willoughbykrenzteinburg]

Why shouldn't the big guys get the same breaks as the small guys?

[@rockysahota1]

@@willoughbykrenzteinburg because you don’t provide jobs for the community.

[@willoughbykrenzteinburg]

@@rockysahota1 zero sense made

[@rockysahota1]

@@willoughbykrenzteinburg point proven again

[@willoughbykrenzteinburg]

@@rockysahota1 No, it's not. You don't know what you're talking about. Reinvesting profits doesn't magically make the income go away - it just increases the expenses. This is normal business. If I have a business that makes $100,000 and I spend $80,000 of it on infrastructure, inventory, repairs, etc.....then I have a net profit of $20,000. This has been the case for 80 fucking years. It's not breaking news.

[@ronperry5623]

He really broke all that down for you guys. He said “IDC ABOUT THE DAMN STOCK MARKET!”

[@myronhelton4441]

Ron Perry. Would you rather Amazon doesnt compete in the stock market with Walmart? Amazon puts all their money back in the business, meaning jobs to many. The government gives Amazon a choice. Put your money in the bank, you pay taxes. Put your money in employees that build the company bigger for more jobs, you dont pay taxes. Isnt giving money to employees better than GIVING IT TO THE TAX MAN TO GIVE TO THE LAZY SCUM OF THE EARTH TRASH! I dont agree to give the money to big wheels & give employs parttime jobs like that other big company that will go straight to he_ _. The bible says that employees that treat people with different pay like temp & parttime pay & different benefits are unforgiven. Being the richest in the world treating people different, the money wont save them from he__.

[@ronperry5623]

Myron Helton Jeff sees Amazon as a company that provides capital for his “innovating company” therefore, the value isn’t within the stock RIGHT NOW! The value is within the new innovations Jeff is doing, which by the way, those innovations will drive the stock price even higher!

[@myronhelton4441]

@@ronperry5623 I understand what you are saying. I thought that a person would have to own 51% of the company, so to have control of the company. But I just read that Bezo only owns 16% of the company & that stockholders own the rest. Bezos has to get stock to make the company bigger. I dont like stockholders making a killing, but there is no way to stop that. Stock buybacks was outlawed after the depression. I liked Reagan. In 1980 I worked for a union, until Reagan started letting all these foreign companies come over here, that was Reagans way of busting the unions. i heard Reagan answered question why he let foreign factories in here. reagan said that we have factories over seas, too.But he made a blunder making stock buybacks legal. Stock buybacks are sorry for the country. These big companies are doing a lot of stock buybacks & are putting the money in the bank & giving it to big wheels. I think & hope that we will enter a short depression soon that will destroy these companies doing this. When it crashes democrats will beg Trump to fix things by bringing gold back. Now Trumps attorney general bill barr, over Spygate, is going after the monopolies.

[@drew8996]

Fast forward to 2019 and a $1800 share price (up from $330 at the time of this recording).

[@SM-lt8yr]

DUDE, IF DUMBOS BUY THAT STOCK OR SHORTING INVESTORS INVEST OR IF BEZOS FAMILY INVESTS IN OWN STOCK INDIRECTLY, THEN WOULD U ALSO JUMP IN BANDWAGON!?

[@ImranAli-qj4ir]

Good for u bro.

[@jminkvihubyb]

@@SM-lt8yr WHY ARE YOU YELLING!!!?

[@bliglum]

@@jminkvihubyb Prob desperate for people to believe his bullshit, but bullshitters are often very forceful to make up for their own lack of... Well, I won't be quite as forceful..

[@brycecakes1ify]

Now at 3,000 :0

[@antoniovillanueva1119]

Focus on the inputs, not the outputs. --Bezos

[@ThinkPositiveDude]

In regards to owning shares in only Google and Amazon the legendary singer, Don McLean, stated to Market Watch “I plan to hold those because they are the government, as far as I can see”

[@renof2505]

He needs to train the rest of America's CEOs on this topic, most are solely focused on stock price. They eat their seed corn every quarter.

[@loafofbread1388]

Investors need to understand this too. As long as the stocks are moving this quickly, short term thinking will be a problem.

[@shelfman2335]

I built my business based on Jeff and Jack Ma, 7 years ago I was poor , now I am not, thanks for the great advice , and it was free and its true, like all good advice is.

[@1800options]

True Adventure NZ what was the advise? Probably I could use it to star a business.

[@TrailBlazer5280]

Its funny how averse many people are to this business model. This idea of constantly throwing all your money back into your company is basically rule #1 for any startup business. And Amazon has extended that into their adulthood. Its such a simple concept of inertia, you keep adding to the snowball and it keeps rolling. If at any time Amazon were to pull all investment activity and just stop, they would be flooded with cash. All the cash they have been pumping into the company plus more. Thats the whole point, it builds value in terms of money AND as a service so that in the future you get it back in multiples.

[@winterbonnie7859]

But how can he guarantee that the money he is investing will be made back?

[@harikrishnanchandramohan4209]

Then why does he have premium pricing for AWS. The multiples is because of AWS, not from the retail. A business without pricing power is not a business at all.

[@ReidCoffman1]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 5X gains in this present market cos I read of someone that pulled a profit of $330k within 6months, and it would really help if you could make a video covering these strategies.

[@MariusNatt]

The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@AshtonGrace]

@@MariusNatt Having an investment adviser is the best way to go about the market right now, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this year's massive fluctuations, that made it clear there's more to the market that we avg just don't know

[@Rachelschneider03]

@@AshtonGrace that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you?

[@AshtonGrace]

@@Rachelschneider03 >>The adviser I employ is "Autumn Lynzi Smith", who is really fairly well-known; you may have stumbled across her before, while landing across one of her numerous featured articles; simply search for her by fullname....

[@AaronTucker-th2nn]

@@AshtonGrace

[@rah4254]

Basically, if they didn't invest, they would make profits, all the do is get the profit and put it into startups and investment opportunities, that means they pay no taxes

[@tribeard5424]

When he says no profit, he means all the profit

[@JP1234815]

Jeff is so impressive in this interview - he says roughly the same things as Warren Buffett says all the time (interesting that he quoted him in the interview). Rather than profit people should look at how much Amazon's book value, total assets and intrinsic value has gone up by in the last 10-20 years (it's quite staggering). Today the company still reinvests cash into new opportunities (that still work) and is growing at a rate you'd usually see businesses a thousand times smaller grow at. Amazon is still THE share to own.

[@CribNotes]

Bullshit. Corner the entire market in your sector by selling your products at a loss for as long as it takes to break the backs of brick and mortar retail stores which cannot play that way. This technique used to be called illegal price "dumping". Amoral Amazonian Jeff Bezos exploited loopholes in business laws that were not up to date with the internet revolution. He's the richest man in the world because he's been essentially cheating the spirit of business anti-trust law for 20 years.

[@rphltl]

@@CribNotes None of what you're saying makes what he said "bullshit". You just don't like that he's doing that and that it works.

[@CribNotes]

@@rphltl Amazon "works" leading to what? Data storage deals with the CIA? Buying media so any criticism of you can be muffled? Once any entity, organization, or government grows to a certain size - it turns into the Death Star. It's an ugly unnatural cancerous growth.

[@rphltl]

@@CribNotes Again, no one said said it was good or bad, he just said he did manage to grow. 🤡

[@CribNotes]

@@rphltl Any kind of unrestrained centralized power ends up cancerous and corrupt.

[@RhettReisman]

Jeff fielding these absurd questions patiently is a super power.

[@kalekold]

"Amazon Makes No Profit" - says the richest man on the planet.

[@johnnybravo5962]

ROI

[@charlesnicholson7539]

@@DanLyndon thank you lol

[@winterbonnie7859]

Right.make it make sense

[@winterbonnie7859]

@@DanLyndon okay but if amazon doesnt make a profit how is he worth billions? Im confused

[@winterbonnie7859]

@@DanLyndon so how does he buy stuff? Like a house?

[@DM-ee5je]

Is the title of this video a question or a statement?

[@spacewolfenfenris7319]

Germany: Im a rocket engineer and I plan to make profit in two years. Banker: Im calling the security USA: Im a book seller and I will make no profit the next 10 years. Banker: Shut up and take our money.

[@Buttersausage]

Spacewolfen Fenris love it!!!

[@genxchas]

All 💰 aint good 💰

[@bernardoleal5509]

Who is rocket enginer ?

[@spacewolfenfenris7319]

@@bernardoleal5509 yes

[@aiman6131]

the book seller was already making it work he just needed funding to go faster unlike the engineer , his rocket may not even take off or worst explode... risky to invest in

[@raymondhansen4482]

Reverse engineering to controllable inputs. Brilliant

[@CribNotes]

Bullshit. Corner the entire market in your sector by selling your products at a loss for as long as it takes to break the backs of brick and mortar retail stores which cannot play that way. This technique used to be called illegal price "dumping" in the real world. Amoral Amazonian Jeff Bezos exploited loopholes in business laws that were not up to date with the internet revolution. He's the richest man in the world because he's been essentially cheating the spirit of business anti-trust law for 20 years.

[@raymondhansen4482]

@@CribNotes hey man, I’m not disagreeing with you.

[@sadfasde3108]

@@CribNotes This is not true. This didn’t happen. He literally said they were free cash flow positive indicating prices were above cost.

[@CribNotes]

@@sadfasde3108 what does it cost to push a button?

[@nurlatifahmohdnor8939]

I printed my book search result of R. A. J. in 1/23/03 I found that book number 3 is nowhere in the 18 books listed. All 9 results for his name. No.1 Avr. Customer Rating is 5-1.

[@nurlatifahmohdnor8939]

Page 1 of 3. The other 2 pages are I do not where since it is long time ago. What is there man in hood? APPAREL & ACCESSORIES. Gray colour. Thank you.

[@samrc8350]

It’s called a ‘tax dodge’, just ask Bill Gates...

[@deborahmetoyer8664]

Fast forward to 2021 stock cost 3,187.00 a share! Wrap the brain around that one. The man knows what he’s doing!

[@bliglum]

"Incredibly high stock price".. In 2014... Man, little Henry eating his words today eh?

[@phreephallin]

11 billion in profit in 2018. 0 paid in federal taxes.

[@jminkvihubyb]

Shutup and buy amzn calls pussy

[@meamzcs]

It's the fault of the government if they are too stupid to make the laws in a way that would prevent this...

[@phreephallin]

@@meamzcs It's a feature, not a bug.

[@pascalladal8125]

@@phreephallin Lol didn't expect to find that comment during a weekend XD

[@Broteese]

How much taxes do you think its workers have paid? Its Amazon that pays those taxable wages:)

[@RM-ct8gq]

Simply put it's run as a tax loss which kills competition causing job losses destroying our social fabric.

[@daniaboustany9499]

If Amazon doesn’t make money then we should all give up on our hopes & dreams

[@bitTorrenter]

6:40 - Proper Investors (Long Term) 8:12 - Is he talking about Dividends?

[@gu3sswh075]

bitTorrenter No. Amazon doesn't offer dividends (lol they don't have to). He's talking about how he pays his employees, is through purchasing their equivalent in salary as stock shares in the company (This way Amazon gets off the hook from paying LOTS of taxes..)

[@bugfacedog44]

Anyone who has played an idle/incremental game understand this intuitively

[@AriVovp]

You can sell your share at higher price instead of taking dividend. It's basically the same but different approach

[@MK-ki2ps]

nope. selling a share you will have to part with the equity you held in the company. If you needed to own the company stock again you would have to buy at the premium you sold it for. With dividends your equity stays intact and you get extra money

[@randomkid7390]

@@MK-ki2ps True, but that only matters assuming you stupidly sold it before it went way up. Also, that assumes that you can only afford 1 or 0. If you could afford 15 before it went up, you can still buy ten.

[@actualideas8078]

Lol u don’t get it. Enjoy the depression

[@kelzreallife8293]

@@actualideas8078 hahahaha Teaching is a gift.... It isn't for everyone. You did your best

[@randomkid7390]

@@actualideas8078 Um? Ok? I guess?

[@bluezcluez315]

Reminds me of $TSLA, especially 6:08

[@tenningale]

Yes, company is a total fraud. It's the Enron of our time.

[@erics8393]

Tesla for the long, fuck the media. The lost on amazon and will do so on tesla to. See you 2024.

[@pascalladal8125]

@@tenningale You know that for a fraud to work it's better if not millions of people know about it right? But I guess tenningale, and other unknown dudes knows about it while none of the dozens big short sellers can disclose informations that would make them rich instantly.... I mean that's right! Look at how much profit Tesla is stating XD

[@tenningale]

@@pascalladal8125 I work in a hedge fund and we have a lot more information than the average Joe Blow does. Tesla does not make a profit. It never has in 16 years. It's structurally bankrupt and has massive off-balance sheet liabilities that even many in the industry don't factor in because they don't look at the SEC filings. So... good luck!

[@tenningale]

@@erics8393 Please invest as much as possible, so I can take your money. Already up over 40%.

[@danielmedina5720]

AWS subsidizes their retail business in order for it to stay artificially afloat and knock out their competitors by selling products below market costs and gaining market share. That's what relentless.com is all about.

[@helloworldx10]

But why enter retail when it doesn’t generate any profit? Even if you can afford loss, why just why?

[@youngatnaruto]

@@helloworldx10 To knock out their competitors so in the future they can raise their pricee

[@stevenmiller4329]

You need to be profitable in order to reinvest and reinvestments include salaries of every employee and the ceo. Is amazon gonna just open a savings account and let money pile up? The only logical option and most likely the only option is for a company to reinvest even if only to maintain production, there is nothing unique here

[@Totaro17]

Correct. And to avoid paying capital gains tax on it.

[@YommiOfficial]

Think about Tesla's opportunity...

[@jacksonj69]

James Corey why and what opportunity?

[@bouldertherock2550]

Jesse Jackson he’s implying it’s upscaling which it is , an example is the gigafactory three and putting all the money into a cheaper car that will sell more

[@bliglum]

Tesla might just be the Ford of the future.. Might just.

[@richardg.6807]

Tesla has so much potential, still got a way to go till they get there though

[@learnsomethingneweveryday1539]

@@bliglum is that a good thing?

[@cpolyalum]

So now they have profit but paid 0 in taxes. WTF?

[@neilufe]

It's pretty clear that Amazon is a self profit company that's why they keep expanding

[@myronhelton4441]

Noel. Would you erather Amazon not compete with Walmart. Amazon puts all their money back in the business, meaning jobs to many. The government gives Amazon a choice. Put your money in the bank, you pay taxes. Put your money in employees that build the company bigger for more jobs, you dont pay taxes. Isnt giving money to employees better than GIVING IT TO THE TAX MAN TO GIVE TO THE LAZY SCUM OF THE EARTH TRASH! I dont agree to give the money to big wheels & give employs parttime jobs like that other big company that will go straight to he_ _. The bible says that employees that treat people with different pay like temp & parttime pay & different benefits are unforgiven. Being the richest in the world treating people different, the money wont save them from he__.

[@izakmizrahi8569]

Cute - but there are literally YT ads to invest in AMZN stock lol

[@jordanhenshaw]

Elon Musk: hold my cigar

[@ryanboshell6124]

Same reason as football clubs not making ‘profit’, no profit, no tax.

[@saikrishna8211]

Input driven org totally

[@hannathomas6087]

what a great entrepreneur! I should have invested in Amazon missed out

[@forumvoordemocratie1940]

Nope today you would have got a return of more than 100%

[@Killer007Elite]

@@forumvoordemocratie1940 Great return but not life changing

[@randygeyer4730]

Let’s also look at third party and quality assurance.

[@phodisophatshwane3711]

Quoting Buffett and Graham. Hmmmm

[@michaelyoon9355]

Earnings do now matter. Free cash flow matters. Jeff Bezo's hedge fund background is why amazon succeeded.

[@chrishamilton5181]

This man is the reason that I am just a simple street cleaner. With nothing to my name. "The Scar of Seven". Amazon. 3.49 cents. E book, non fiction.

[@youngatnaruto]

I do not understand

[@LuisGarciaSprout]

So they don’t pay taxes

[@forever_golfer1981]

How is Amazon not a hedge?

[@1800options]

Michael S the whole stock market is a hedge against inflation..

[@harley2538]

Wow - well put

[@pdr770]

Amazon Will start a Apple reseller all Over The World if Bazos Agree In Mid Cities And Major Cities In USA and Europe. With Luxury Profit. it’s a Good Profit Jeff.

[@pygod2223]

Ballet, rock concert. How to not answer a question by saing anything...

[@InvestingEducation]

Nice. Amzn is a top 3 position in the real money portfolio

[@jackoconnor3999]

Bc profit is taxable.

[@irisha4ka]

To be honest! He sound! really smart!

[@ab1577]

He is!

[@romanr7232]

Yeah.... And than he discovers buy-back shares scheme)))

[@myronhelton4441]

Borjomi. I dont believe in the stock buyback either. Amazon puts all their money back in the business, meaning jobs to many. The government gives Amazon a choice. Put your money in the bank, you pay taxes. Put your money in employees that build the company bigger for more jobs, you dont pay taxes. Isnt giving money to employees better than GIVING IT TO THE TAX MAN TO GIVE TO THE LAZY SCUM OF THE EARTH TRASH! I dont agree to give the money to big wheels & give employs parttime jobs like that other big company that will go straight to he_ _. The bible says that employees that treat people with different pay like temp & parttime pay & different benefits are unforgiven. Being the richest in the world treating people different, the money wont save them from he__.

[@alexandrohdez3982]

... and then Amazon workers asking for wellfare ...

[@davidguevaraoficial1707]

Brilliant 💎

[@CribNotes]

Bullshit. Corner the entire market in your sector by selling your products at a loss for as long as it takes to break the backs of brick and mortar retail stores which cannot play that way. This technique used to be called illegal price "dumping" in the real world. Amoral Amazonian Jeff Bezos exploited loopholes in business laws that were not up to date with the internet revolution. He's the richest man in the world because he's been essentially cheating the spirit of business anti-trust law for 20 years.

[@randygeyer4730]

Basically Amazon sucks on other business efforts and ideas.

[@sspoonless]

Old video - new date. Bait and switch, click bait.

[@genxchas]

Ok millenual pessimist👎😒

[@rimzanawshad9360]

Gold diamonds all products

[@VotePaineJefferson]

You can't sue your way to Mars, Jeff.

[@cruzcontrolzzz]

His accent embodies the word California.

[@caseyporter499]

cruzcontrolzzz he’s never lived there

[@cruzcontrolzzz]

Casey Porter we don’t claim him either lmaoo 😂 he wanna be LA so bad

[@Patrick73787]

He actually wants to move Amazon headquarters from Seattle to New York

[@cruzcontrolzzz]

Patrick D. Great! Makes sense. Lmao

[@BellTunnel]

Not Jeff Bezos has some very impressive digits.

[@RhysBrowneSr]

This is golden! take this advice.

[@kevwalter4557]

"We make no profit" Bezos makes 257 million a day

[@bigbang9333]

Noo he makes 50 Billion a day

[@johnnynukuadorkor7046]

It is based on Amazon shares.

[@masondrip42]

he’s not here by accident.

[@hasanaldhwaea1052]

167 billion dollars of no profit

[@TabsT-vy5jy]

This guys a numbers guy. Spreadsheets are his thing you can tell.

[@bbudding]

His company makes zero profit, but he's the richest man in the planet.. 🤔

[@ThinkPositiveDude]

gotta love how stock buybacks are legal, am I right?

[@CribNotes]

Amazon is the biggest bullshit con on anti-trust law ever. Just corner the entire market in your sector by selling your products at a loss for as long as it takes to break the backs of brick and mortar retail stores which cannot play that way. This technique used to be called illegal price "dumping" in the real world. Amoral Amazonian Jeff Bezos exploited loopholes in business laws that were not up to date with the internet revolution. He's the richest man in the world because he's been essentially cheating the spirit of business anti-trust law for 20 years.

[@Totaro17]

Amazon has made a profit from the beginning. He just reinvests all of it. For 2 reasons. One, to expand the business. And 2, to avoid paying capital gains taxes on the profit.

[@AngeliRivera92]

damn i'm broke

[@jmr1522]

He sounds smart asf

[@juanrave]

Smart. You have mi respect.

[@a1bells501]

Amazon has 50% of all ecommerce sales. They can be profitable so I would invest. I think they need to be raising prices etc, buy profitable businesses, increase AOV or something to be profitable.

[@luluh1154]

Is that why he is a trillion dollar man? If you believe him let me sell you a flying turtle

[@Alex-qt6um]

What a beast.

[@gilpou3260]

Has Jeff Bezos told you he pays no taxes either 🔍

[@nolisto1]

Do the employees pay taxes? Do the entrepreneurs that sell and are profitable on his platform pay taxes. Bezos invests everything to innovation. To technologies that will produce societal good

[@gilpou3260]

@@nolisto1 you have an opinion it's free to give that's about it technology start with the basics first humanity while people have poverty one man sits with all his money.while people are homeless one man sits with all that money.while hungry starving kids cry out one man sits with all that money.So when you say he's helping with technology why don't you help out in the needed areas not looking for money to travel to the stars while we got real problems that are easily fixed by all his money that he could get back but like I said your opinion is free I'm giving you mine thank you for your input it was Gladly received.👏🏾

[@mannybernard8782]

It makes no profit because you pay yourself all of it and write it off.

[@myronhelton4441]

manny. Amazon puts all their money back in the business, meaning jobs to many. The government gives Amazon a choice. Put your money in the bank, you pay taxes. Put your money in employees that build the company bigger for more jobs, you dont pay taxes. Isnt giving money to employees better than GIVING IT TO THE TAX MAN TO GIVE TO THE LAZY SCUM OF THE EARTH TRASH! I dont agree to give the money to big wheels & give employs parttime jobs like that other big company that will go straight to he_ _. The bible says that employees that treat people with different pay like temp & parttime pay & different benefits are unforgiven. Being the richest in the world treating people different, the money wont save them from he__.

[@universalchiro]

Sears Roebuck catalog was the Amazon for decades. Just when the internet began, Sears cancelled their mail order catalog. Sears would have been the Amazon of today. Interesting how things work out.

[@raquelcastillo4954]

I love his shoes 👞

[@RohitSharmaDECIPHERETERNITY]

Great ✌️

[@crystalyeowchingching1036]

Blue ray kill your wealth.

[@petergriffin7908]

I'm too stupid for this conversation. Hahahaha

[@Sesamestreet9080]

Peter Griffin you set that ceiling for yourself

[@mountainman8436]

Peter Griffin don’t say that about yourself. Just because you might not understand now doesn’t mean you will always not understand! Set your standards higher and don’t limit yourself based on what you think you are capable of because I assure you you’re smarter than you think. :)

[@cashondeliver]

Sesamestreet9080 look at his username it’s a joke

[@Sesamestreet9080]

Sippin Water my name is childish so what’s your point

[@cashondeliver]

Yensen Connor thank you lol 😂😂

[@langa1533]

Interesting

[@rimzanawshad9360]

We are ceo. We are the on1 online and world 🌎 business man

[@cletus2941]

If you don't make a profit, you don't pay taxes......what's the mystery???

[@maxtroy8511]

Antitrust...

[@Fj8282haha]

The authentic jeff is way enlightening then the lousy Sanchez infused Jeff 😂😂😂

[@JS-jh4cy]

This must be how he gets so many tax write offs

[@Mr.Mister420]

7.2 Billion Q1 profits okay

[@emiliospowerballer1441]

amazon: we have no profit jeff bezos: wealthiest man alive that makes sense

[@investornabil8825]

His wealth is in Amazon equity

[@perfectdiversion]

Your not understanding the bigger picture

[@ultravioletxrays125]

stocks are always in the company. Which means if Amazon were to go broke, so would Jeff.

[@petrasminiworld]

no profit .rubish . i make no profit with amazon . charge me at least 15% of sale plus prime etc would be more

[@hgaddy2]

What a load of word salad. There’s a distinct difference between spending your profits to fund other businesses & making $0 in profit.

[@justincates2548]

icon. #Freedom20/20

[@genxchas]

lot of good nuggets for buisness owners & traders u never wash a rental car😁 richest buisness owner to date him & gates head to head 🤑

[@cappsbriley]

So basically they ARE profiting, but it doesnt count because they're spending the money on something else "important"? FUCK THAT.

[@DJToneRI]

This mentality is how smart people manage and live their lives as well. They understand that making good little life choices everyday eventually sums up to great things and a great life. Short sighted people are always looking for the shortcut to the end goal.

[@rayyseason]

He is the bald Zuckerberg

[@scottyhaines4226]

With a more diverse company

[@TheStefanp10]

They both some evil smucks

[@MichaelWaisJr]

His head looks like a dick. Mark Zuckerberg IS a dick!

[@rakann4631]

PAY YOUR FUCKING TAXES

[@aaronramen5926]

Jeff, where is my book that I ordered a month ago - aaron

[@akshaynehra6418]

Just cancel it instead of arguing... Only amazon is not selling idiot.

[@user-ym9sx6jt8m]

@@akshaynehra6418 wow, some people can't seem to understand humour....

[@danpan4425]

I can’t wait for a drone to delivery my package and VR shopping 😜

[@CribNotes]

I don't want that shit buzzing around town. Let's shoot em down.

[@NathanVu]

Why don't other company do the same thing? Just reinvest all your profits to start new business, hoping that those new business will succeed which will generate more revenue which will drive the stock price up because of higher revenue?

[@syedh2850]

As he said, some companies start by wanting to make the most profits and report the most profits. If new companies came in and followed the Amazon philosophy then they will be fine by making "nothing" while getting bigger.

[@NathanVu]

@@syedh2850 But I guess reinvest can cause you to loss money too right? I'm sure some companies did go bankrupt by trying new businesses and lost everything. Amazon seem to be very lucky.

[@YellowKurt]

First person to reach $1 Trillion net worth (legally) you can count on it.

[@liam-dr3vv]

Sam Money uh no, he doesn’t own all the amazon stock only 25%

[@rationalpuppet8163]

liam 16%