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Is Amazon Strategic in Letting Microsoft Back in the Game?
Jeff Bezos has said on recent earning calls, hey, we're going to be moving back towards profitability. That's the exact opposite message of what Jeff Bezos said in the 2020 letter right when COVID hit. I think that's too difficult of a future to see to cannibalize current aid. If you held Amazon ad infinitum and you owned 100% of the company, would you ever be profitable on your business to buy it for a trillion and a half dollars? It's the Warren Buffett Ben Graham. Truly.