"Amazon, as best I can tell, is a charitable organization being run by elements of the investment community for the benefit of consumers. The shareholders put up the equity, and instead of owning a claim on a steady stream of fat profits, they get a claim on a mighty engine of consumer surplus."
http://www.slate.com/blogs/moneybox/2013/01/29/amazon_q4_profits_fall_45_percent.html / Amazon awesome this afternoon by announcing a 45% percent year-on-year decline in profits measuring Q4 2012 against Q4 2011 sales up Revenue company's razor-thin profit margins even thinner lost $39 million in 2012 shares down a bit today prices that seem impossible because it actually is impossible to make money that way competition compete competitive pressure cuts profit margins other companies benefiting people who don't even buy anything from Amazon truly remarkable American success story competing firm, you should be terrified scary competition against juggernaut permission from shareholders not turn any profits is really frightening. /
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