MI196: Value Investing in the Digital Age w/ Adam Seessel
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Gogel vs Amazon
In the digital age, you can't really rely on reported financial statement. Amazon has a 30 billion doll a year advertise business where they just charge people to get product placement on their web site. Walmart has seen a one point five million people in its stores and has to worry about shop lifting, which amazon does not. Every dollar that google spends on to improve its search engine evaporates after a year. And h tis is crazy.
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