And You Think You Spend a Lot on Amazon?
In this segment of the Motley Fool Money radio show, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Supernova and Rule Breakers' David Kretzmann talk about Jeff Bezos' habit of investing heavily for the future at the expense of immediate earnings. Last quarter, it wrote a lot of checks for new content, improving its fulfillment infrastructure, and more. It's all about boosting the value for Prime customers -- and widening its vast moat. The short-term-focused market, of course, dinged the share price, but it's still near its all-time high.
A full transcript follows the video.
Source: Fool.com