this post was submitted on 03 May 2025
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Well sure, he probably didn't expect 145%. But he operated amazon at a loss for many years. And I think he has mainly gotten what he wanted already. So he can feel free to start pushing back now. And we are seeing signs of that.
You know they cook the books to operate at a loss, right? It's not really a loss.
I wouldn't say they cook them. That implies illegal methods. And given the scrutiny they were under at the time probably didn't happen. But they sure do use every legal loophole they could find.
That said, they were doing a lot of reinvesting. He could have taken the money instead. So the point is that he has some patience.