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Canadian Value
Canadian Value
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60 Minutes Interviews Jeff Bezos - CEO of a $180 Billion Company That Has Yet to Turn a Profit

December 03, 2013 | About:


Is it truly going to happen in the near future or was it simply a brilliant marketing ploy?

On 60 Minutes this past Sunday Amazon.com CEO Jeff Bezos created a huge buzz when he revealed that Amazon is working on delivering goods by drone.

His target date? Perhaps as soon as 2015.

Amazon (NASDAQ:AMZN) is not a stock for value investors. With a market cap of $180 billion and exactly no earnings it is the ultimate valuation based on faith.

Faith in big profits somewhere in the future.

Here is the full video with Bezos:

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About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 4.0/5 (2 votes)

Comments

sherpa71
Sherpa71 - 3 years ago    Report SPAM
where is the video?

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GuruFocus has detected 3 Warning Signs with Amazon.com Inc $AMZN.
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