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Modest Proposal – Value is Dead, Long Live Value - [Invest Like the Best, EP.95]
Invest Like the Best with Patrick O'Shaughnessy
Amazon's Killing Retailers
In november of two thousand 16, something happened in the united states that caused consumers to pause their spending for a little bit. And also, as a result of that, a bunch of them filed bankruptcy. So my spity sense gods up, and you know, again, amazon's killing em all. The problem is, if you build the worst business from scratch, if you just whiteboardwhat does the worst business look like? When you're done tallying it up, you've built a retailer. But i had no interest in actually exploring retail because the ones that had prosperous business models, t j max cosco, they hadn't been impacted. They were still trading
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