Amazon will NEVER make a profit…

Here’s why I think that; its not because they can’t, but because to do so is not in their or their shareholders best interest.

Increasingly, businesses don’t generate profits. They generate capital gains. 

Here’s the US opportunity… if your company makes profits, it will have to pay taxes on them. (nominally, in theory, 35%) Then you and your investors will have to pay taxes on them again when they’re distributed to as dividends.… Read more

Worlds dumbest idea- my take

Not my view, but that of commentator James Montier.

And I can see exactly where he is coming from. And thinking through his views, what superficially seems like a good idea- reward CEOs for increasing share price- has taken a damaging and illogical turn.

In short, SVM (Shareholder Value management) theory states that the only relevant detail corporations have to focus on is delivering increased financial returns to shareholders.… Read more