Welcome to the end of the week! Just sit back, relax, and enjoy this weeks roundup in another edition of Happy Hour.
Too often, investors confuse little or no profits with not making money. As this post makes the case, Amazon has no problem making money. It makes piles of it.
Bezos uses all of it to test delivery drones, build phones, Kindles, warehouses, data centers, and whatever else he can come up with to grow market share and expand into new lines of business. Simply, Bezos believes the best use of capital is to plow it back into the business because it offers the best return on that money. Continue Reading…