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I'm pretty sure milesskorpen was just referencing this post by Matthew Yglesias: http://www.slate.com/blogs/moneybox/2013/01/29/amazon_q4_profits_fall_45_perce
by jaymon 13y ago
I'm pretty sure milesskorpen was just referencing this post by Matthew Yglesias:
http://www.slate.com/blogs/moneybox/2013/01/29/amazon_q4_profits_fall_45_percent.html http://www.slate.com/blogs/moneybox/2013/01/29/amazon_q4_pro...
The quote, while probably not wholly accurate, is funny. I think milesskorpen was going for funny, so don't take it too literally.
- milesskorpen 13y agoIndeed: "That's because 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. "