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Amazon.com
Acquired
Is Amazon Really a Money Losing Business?
The price in 98.99 was completely disconnected from the reality of the underlying fundamentals, he says. Amazon is profitable if they weren't continuing to reinvest in growth, which would give them this unbelievably durable moat around consumer experience,. Even Walmart, where Walmart stores are not in multi-hundred dollar a square foot prime funny choice of word, primo urban real estate, it's still a higher cost of real estate than where Amazon fulfillment centers are.
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