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  • Facebook: A Gold Mine Exposed By A Rift [View article]
    That wasn't the point.

    The point was that a company smart enough to reduce its tax burden is most likely smart enough to make additional returns to its shareholders.

    I don't begrudge management its bonuses. Without management, millions of people wouldn't have jobs.
    Jan 20, 2015. 10:26 PM | Likes Like |Link to Comment
  • Barry Diller warns on pay-TV [View news story]
    I don't know what financial statements you are reading, but last I saw, AMZN reported a quarterly loss of $437 million (that means it cost more to sell its products than it collected from customers [count me among them]).

    If you were just comparing profitability, NFLX actually earns a profit.
    Jan 20, 2015. 12:38 AM | Likes Like |Link to Comment
  • Facebook: A Gold Mine Exposed By A Rift [View article]
    And what kind of return do you get from paying taxes, compared to the additional usefulness of the product suite if those same dollars are invested in the company?

    I prefer companies who look to reduce their tax burden. It improves their earnings and ROIC.
    Jan 15, 2015. 10:29 PM | Likes Like |Link to Comment
  • Future Growth Prospects For Costco [View article]
    Interesting article. I was not aware that COST was entering the Chinese marketplace.

    It seems that using BABA as an entry rather than opening Western style megastores (a la BBY) may be more advantageous. As we know, BBY attempted a big box model (which closed), and an investment in a retail appliance chain (which the company abandoned recently).

    Using BABA both preserves capital and allows for a more flexible response to consumer tastes than would be possible with any sort of bricks and mortar investment.
    Jan 15, 2015. 10:24 PM | Likes Like |Link to Comment
  • Connecting The Dots - Oil And Accelerating Growth [View article]
    So what? That represents approximately 2 days of US consumption:

    It's a political tactic designed to scare the masses.
    Jan 5, 2015. 12:46 AM | Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    A promised update to the group:

    I have completed the courses I need to sit for the state real estate exam.

    In the interim period between now and exam time I have been expanding my network with several trusted individuals who are extremely excited and supportive of this new path.

    One dear friend asked me to hire her as an assistant once I get established.

    I will.

    My mentor is also fully supportive, and has assured me that the full resources of the organization will be available for my use once I'm 'inked and in.'

    Of course, there are a few people who think they support me, but have no idea about how much work will be required to lay a proper foundation for success.

    To them I say, "If you aren't prepared for the sacrifices involved, you had better either change or go."

    And oddly enough, I have identified several potential clients, properties, and groups who will benefit from our association.

    This is like being offered a new lease on a much more satisfying life.

    I can't wait!

    To be continued...

    Dec 27, 2014. 06:04 PM | 1 Like Like |Link to Comment
  • Debunking Yet More Misleading Articles [View article]
    Dec 27, 2014. 05:42 PM | 1 Like Like |Link to Comment
  • Debunking Yet More Misleading Articles [View article]
    Gary J, you may ignore this.

    You raise an excellent point.

    Also, it begs the question of why there are so many AMZN defenders who read the same financial statements available to everyone, yet come up with convoluted formulas to 'prove' that the company actually does produce cash flow.

    I think everyone agrees that AMZN is a powerful revenue generator.

    What's less evident is why running a company with minimal profits and cash flow is preferable to posting profits.

    Full Disclosure: I use AMZN to purchase books and CDs (80% of my purchases over the past 2 years), and also use the CreateSpace service as a medium for self-publishing. (2nd book will be available in early January 2015. Barrier to entry--virtually nil. Royalties--negligible. Revenue to AMZN--nonexistent. In other words, one of those money-eating product lines that Mr. Paulo highlights.)
    Dec 27, 2014. 05:04 PM | 6 Likes Like |Link to Comment
  • Debunking Yet More Misleading Articles [View article]
    You keep saying that, but haven't revealed your holdings.

    Until I see evidence, I'll consider your comments irrelevant.

    And oh by the way, the chart says the stock is down more than 20% this year.

    Cracks in the foundation....?
    Dec 27, 2014. 04:33 PM | 10 Likes Like |Link to Comment
  • Debunking Yet More Misleading Articles [View article]
    Thank you Paulo, for pulling the curtain away from the worshipers of the Wizard of Oz (Jeff Bezos).
    Dec 27, 2014. 04:22 PM | 10 Likes Like |Link to Comment
  • The return of the inflated appraisal [View news story]
    It's buried in the Dodd-Frank Act.

    All 2000 odd pages of it.
    Dec 2, 2014. 11:39 PM | 1 Like Like |Link to Comment
  • Bezos has Amazon succession plan in place [View news story]
    I would like to know what your position in AMZN is.
    Dec 2, 2014. 10:22 PM | Likes Like |Link to Comment
  • Facebook: A Gold Mine Exposed By A Rift [View article]
    Micheal, just a quick note to say that this may be one of the best written, best researched, most detailed articles on SA right now.

    I realize I'm a lone voice in the vast investment wilderness. However, you have gained a new follower, and thank you for your diligence and vast knowledge of this product, which sounds as compelling a technological breakthrough as any named in the past decade.
    Nov 27, 2014. 02:44 PM | 3 Likes Like |Link to Comment
  • Facebook: A Gold Mine Exposed By A Rift [View article]
    Touch screens were science fiction 20 years ago.

    This sounds like something as groundbreaking as cell phones.
    Nov 27, 2014. 02:41 PM | 4 Likes Like |Link to Comment
  • Amazon Trades For 370 Years Of Earnings, Jack Ma Thinks It Might Not Be Here In 20 [View article]
    It may be that there is a disconnect between the term 'revenues' and the term 'profits'.

    One must recognize that they are different before making blanket statements about 'Amazon not going broke Dude.'

    Nov 23, 2014. 05:06 PM | 3 Likes Like |Link to Comment