Amazon Corporation and Jeff Bezos are in the news again. This time it’s because the Washington Post published an article with the title; Amazon, the new owner. Some idiot named it already and we’re stuck with it forever. Too many folks are still afraid of that scary-name.
Eventually everyone will loosen up their fears and realize that Jeff Bezo’s whole life vision was to bring “awakening” to the human spirit by using technology to transform the world through knowledge. That is a good thing if you are a spiritual person, but otherwise it’s just another name for selfishness. Jeff Bezo and Amazon did not become equal overnight; they are both in the early stages of globalization where Jeff Bezo just happens to be the loudmouth pushing for more Amazon and rapid globalization with a strong emphasis on rapid wealth accumulation by those at the top of the pyramid.
If you read the Washington Post articles by Jeff Bezos and echo his description of Amazon as a company built on “spiritual technology,” you are just admitting that you don’t really understand what Amazon did, what it’s about, or why anyone would care what it does. For someone who believes in free-market capitalism, this is quite astounding, considering the fact that Amazon’s tagline is “sell products that others are selling.” It is also interesting that the two main Amazon critics – Slate writer David Leon and Financial Times writer Tim Mullis, do not understand what Amazon’s business model is. Neither have I since I am not a very techno-savvy person, but I can check out Tim Mullis’ blog in a moment.
Of course, there is one small caveat here – Jeff Bezos is a scammer as well as a fraud. I say fraud simply because he started the company in his garage. He took a personal loan from his dad and bought a bunch of hardware and then started selling it on eBay and later on Amazon. It didn’t work, and JeffBegan didn’t explain how the company would work. But we can see the company’s stock price rise to incredible heights after JeffBegan sold some of his stake in the company.
As a result of all this hubbub, the analysts at Jeff Reeves’ management company predict that the stock price will soon skyrocket. In fact, on their latest call, they opine that Amazon could end up being the largest company in the world by next year. They also say that it could triple its current size within the next five years. And yes, that is in 2021!
We are all watching the empire grow and expand. JeffBezo also tells investors that he sees an enormous amount of potential in the business – so much so that he says that the company will eventually be sold to someone. So all in all, this is indeed a fascinating story about how Jeff Bezos turns a passion for flying into business ownership. If you want to learn more about Amazon and where to invest – please click on the site below for a detailed analysis.