Amazon.com Shareholders Need to Watch This
Amazon.com, Inc. (NASDAQ:AMZN) was, hands down, the biggest growth story of 2015. But can the run continue into 2016? That’s the question bothering the loyal investors who witnessed a steady drop in AMZN stock since the beginning of this year. My one-word answer will hopefully solace them:
Well, it’s likely to continue anyway. There are no sure things in the stock market, but bear with me as I explain how.
A ship doesn’t steer itself. It is the captain who does; for even the unsinkable ships can sink under an incapable captain. The same metaphor is true for the business world.
Amazon owes its “amazonic” success to none other than its founder and captain, Jeff Bezos, whose unique business mantra sets him apart from most average CEOs—which is, to stay forever young!
The man takes lessons from history and knows what it takes to stay relevant in the business world. Putting it in his words, “All businesses need to be young forever. If your customer base ages with you, you’re Woolworth’s.” (Source: “Bezos courts Washington Post editors, reporters,” Washington Post, September 4, 2013.)
From print media to space exploration, the man has privately gotten his hands dirty in about every business one could think of. Bezos’ daring persona to try anything and everything to stay young is what has kept Amazon ahead of the game…..