Despite minimal profits (literally less than a handful of profitable quarters since it started in 1994), Amazon has a market cap of roughly $470 billion in market capitalization. They've shown that there's a new algorithm for success - it's about vision and market domination. It is a long game with big stakes ... and it looks like he's winning.
They've shown that there's a new algorithm for success - it's about vision and market domination. It is a long game with big stakes ... and it looks like he's winning.
But You'd Still Call Them A Success
"Bezos recently told shareholders that the goal is to 'experiment patiently, accept failures, plant seeds, protect saplings, and double down when you see customer delight.'"
It's a similar idea to one that I've adopted - though on a different scale.
When people first look at Capitalogix they see a hedge fund – but that is just an application of our core capabilities. Internally, we know that we are an innovation engine that uses domain expertise in algorithmic trading, data science, and high-performance computing to generate something new.
Edges decay or disappear faster than ever before - that's what drives our pursuit of more ways to win.
When changing the way people play a game - you can't play by the same rules people used to.
Despite minimal profits (literally less than a handful of profitable quarters since it started in 1994), Amazon has a market cap of roughly $470 billion in market capitalization. They've shown that there's a new algorithm for success - it's about vision and market domination. It is a long game with big stakes ... and it looks like he's winning.
They've shown that there's a new algorithm for success - it's about vision and market domination. It is a long game with big stakes ... and it looks like he's winning.
But You'd Still Call Them A Success
"Bezos recently told shareholders that the goal is to 'experiment patiently, accept failures, plant seeds, protect saplings, and double down when you see customer delight.'"
It's a similar idea to one that I've adopted - though on a different scale.
When people first look at Capitalogix they see a hedge fund – but that is just an application of our core capabilities. Internally, we know that we are an innovation engine that uses domain expertise in algorithmic trading, data science, and high-performance computing to generate something new.
Edges decay or disappear faster than ever before - that's what drives our pursuit of more ways to win.
When changing the way people play a game - you can't play by the same rules people used to.
The Bezos Empire: Amazon, Whole Foods and More
Jeff Bezos is has acquired a lot of businesses since starting Amazon - Zappos, Audible, IMDB, and most recently Whole Foods (for $13.7 billion dollars).
On top of acquiring those businesses for Amazon - he also has diversified his own interests through Bezos Expeditions and as an angel investor.
Here is a chart to put things in perspective. Click on the image to see the whole infographic.
via VisualCapitalist
To grow the business, their customer base, and their competitive advantage ... Amazon and Bezos re-invest heavily by aggressively acquiring companies and technologies - even though that strategy virtually eliminates Amazon's profit.
Despite minimal profits (literally less than a handful of profitable quarters since it started in 1994), Amazon has a market cap of roughly $470 billion in market capitalization. They've shown that there's a new algorithm for success - it's about vision and market domination. It is a long game with big stakes ... and it looks like he's winning.
They've shown that there's a new algorithm for success - it's about vision and market domination. It is a long game with big stakes ... and it looks like he's winning.
But You'd Still Call Them A Success
It's a similar idea to one that I've adopted - though on a different scale.
When people first look at Capitalogix they see a hedge fund – but that is just an application of our core capabilities. Internally, we know that we are an innovation engine that uses domain expertise in algorithmic trading, data science, and high-performance computing to generate something new.
Edges decay or disappear faster than ever before - that's what drives our pursuit of more ways to win.
When changing the way people play a game - you can't play by the same rules people used to.
Posted at 08:08 PM in Business, Current Affairs, Market Commentary, Science, Trading, Web/Tech | Permalink
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