Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-10-2018, 05:28 PM
 
Location: Berwick, Penna.
16,215 posts, read 11,333,999 times
Reputation: 20828

Advertisements

Quote:
Originally Posted by Lovehound View Post
Does that include their money stream? I hear a shark will drown if it stops swimming.
No: Book Value = Cash on Hand + Inventories + Property, Plant and Equipment / No of Shares Outstanding; "Income Streams" are not a "hard" asset, because they can't be counted upon over the long run.

And people like Master "Radical_'Thinker'(?)" are a major reason why.

Book values or widely-held or otherwise prominent stocks can be researched with Internet search engines, and it doesn't take too much effort to calculate them for the rest, Or try the Value Line Investment Survey -- available at many libraries.

Last edited by 2nd trick op; 10-10-2018 at 06:13 PM..
Reply With Quote Quick reply to this message

 
Old 10-10-2018, 05:55 PM
 
31,909 posts, read 26,970,741 times
Reputation: 24814
Quote:
Originally Posted by SportyandMisty View Post
There will come a day when he's dead. When that happens, the world will be a better place.


Oh I don't know...


Like a vampire senator Sanders has infected others thus spreading his socialism disease around, and increasing his legions.


Here in NYC we've got that that nut job Cortez Ocasio all but certain to be elected to the House next month, and a few more adherents to Mr. Sanders scattered about national and state offices elections.


IIRC this has happened in a few other states with again those who cleared primaries all but certain to win come November.


The NYT among other media has been on tear lately pushing the democratic party to "accept" these new "socialist" youngsters as they are the "future of the democratic party".

Last edited by BugsyPal; 10-10-2018 at 06:33 PM..
Reply With Quote Quick reply to this message
 
Old 10-10-2018, 08:08 PM
 
Location: SoCal
14,530 posts, read 20,121,197 times
Reputation: 10539
Quote:
Originally Posted by 2nd trick op View Post
No: Book Value = Cash on Hand + Inventories + Property, Plant and Equipment / No of Shares Outstanding; "Income Streams" are not a "hard" asset, because they can't be counted upon over the long run.
Amazon isn't about their property liquidation value. Amazon is all about their revenue streams. It would take a major slowdown in the economy to keep this whale from feeding on the krill.

Amazon's value is their liquidation worth plus the value they created in tapping revenue streams.

For example, I'm subscribed to Amazon Music Unlimited and Amazon Kindle Unlimited (and Prime of course). The property valuation required to host my revenue stream is close to zilch, yet Amazon spends almost nothing to deliver my content, and makes their profit by paying the copyright owners for the use of their IP and raking the rest for Amazon's revenue.

My revenue stream (and everybody else's) does not appear on their book value, yet without people like me Amazon would fail.

About half of American households have Amazon Prime. That costs Amazon nothing, yet I am a non-tangible asset to Amazon.

Your book value is just FOS in judging Amazon's real value.

Quote:
Originally Posted by 2nd trick op View Post
Amazon common stock has a current market price of $1755 per share

Its book (hard asset) value is about $72 per share
My value to Amazon's worth, and another maybe 150 million Americans (and many more offshore) is valued at $1,755-$72.

You should change your username. You're a one trick pony. You can't see the forest because you're blinded by the trees.
Reply With Quote Quick reply to this message
 
Old 10-10-2018, 08:18 PM
 
Location: SoCal
14,530 posts, read 20,121,197 times
Reputation: 10539
Quote:
Originally Posted by BugsyPal View Post
The NYT among other media has been on tear lately pushing the democratic party to "accept" these new "socialist" youngsters as they are the "future of the democratic party".
They should change their name to Democrat-Socialist party.

The idea that they call themselves as if they believed in democracy, but what they really want is socialism. They add the appellation "democrat" to pretend they are not for socialism. Take it one step further and it's communism.
Reply With Quote Quick reply to this message
 
Old 10-10-2018, 08:56 PM
 
Location: Berwick, Penna.
16,215 posts, read 11,333,999 times
Reputation: 20828
Quote:
Originally Posted by Lovehound View Post

Your book value is just FOS in judging Amazon's real value.

My value to Amazon's worth, and another maybe 150 million Americans (and many more offshore) is valued at $1,755-$72.

You should change your username. You're a one trick pony. You can't see the forest because you're blinded by the trees.
All I pointed out was that the market price of Amazon is extremely high when compared to what could be realized if it were forced to liquidate by Leftist greedheads*; that fact serves at its strongest insurance.

In time, other innovators might try to penetrate the markets with a cost structure similar to Amazon's; but it will take a long time, and a strong effort, because the economies of scale favor the enterprise that gets there "firstest, with the mostest". But neither the accounting profession, nor the "redistributors" with their notions of "imputed value" can turn Amazon's success and reputation into a "hard" asset.

*I refer to these individuals as "greedheads" because they never admit to their desire to steal the fruits of someone else's efforts -- that's "greedier" than a simple desire to keep more of what you earn by your own labors. But the SJW's don't see it that way.
Reply With Quote Quick reply to this message
 
Old 10-10-2018, 09:03 PM
 
Location: SoCal
14,530 posts, read 20,121,197 times
Reputation: 10539
Quote:
Originally Posted by 2nd trick op View Post
All I pointed out was that the market price of Amazon is extremely high when compared to what could be realized if it were forced to liquidate by Leftist greedheads*; that fact serves at its strongest insurance.

In time, other innovators might try to penetrate the markets with a cost structure similar to Amazon's; but it will take a long time, and a strong effort, because the economies of scale favor the enterprise that gets there "firstest, with the mostest".

*I refer to these individuals as "greedheads" because they never admit to their desire to steal the fruits of someone else's efforts -- that's "greedier" than a simple desire to keep more of what you earn by your own labors. But the SJW's don't see it that way.
I think we agree in the fundamentals.

The truth is that there is no scenario that would force Amazon to liquidate, other than dystopian global collapse.

I apologize if it seemed that I was minimizing your comments and opinion.
Reply With Quote Quick reply to this message
 
Old 10-10-2018, 09:08 PM
 
Location: Honolulu, HI
24,623 posts, read 9,454,674 times
Reputation: 22963
Quote:
Originally Posted by Sassybluesy View Post
Huh. I know a bunch of the guys that work in our warehouse where I work. Most of them have their side hustle. They aren't dumb.
Yeah, warehouse workers, the geniuses of society.

Psst, I used to flip burgers for a living and dropped out of community college. Not getting paid $15 an hour is what motivated me to go back to school and get an education.

Imagine that, low paying jobs actually motivating people to work hard and go back to school. What a crazy concept.

Last edited by Rocko20; 10-10-2018 at 09:26 PM..
Reply With Quote Quick reply to this message
 
Old 10-11-2018, 06:44 AM
 
3,465 posts, read 4,839,028 times
Reputation: 7026
Quote:
Originally Posted by PCALMike View Post
Doubtful. Worker turnover is ridiculous in that field. I bet the vast majority of workers there would take the $15 instead of destroying their health and wellbeing working there for decades.
Turnover will still be ridiculous. A small percentage of the manual labor workforce are hardworking, dependable, valuable employees. A significant portion of that labor market are undependable, lazy dead weight. It is a constant battle to find quality manual labor force.
Reply With Quote Quick reply to this message
 
Old 10-11-2018, 08:31 AM
 
Location: City Data Land
17,155 posts, read 12,960,371 times
Reputation: 33185
Quote:
Originally Posted by k7baixo View Post
They really need to rethink the removal of performance incentives. They’ll bite them in the end I bet.
Agreed. I think Amazon is trying to be fair to all employees. They have so many seasonal and part time employees, offering a raise to everyone is a good thing. Seasonal and part time employees are often undervalued. Employers say, "They are "just" a part time/seasonal employee, so they don't matter." They contribute to profits too and should be compensated as well, especially since their job is not as secure. But if the performance incentive is gone for full timers, employees may slack off.
Reply With Quote Quick reply to this message
 
Old 10-11-2018, 09:35 AM
 
Location: Paranoid State
13,044 posts, read 13,865,519 times
Reputation: 15839
Quote:
Originally Posted by Lovehound View Post
That's pretty unkind.
The USA is a better place when the economy is doing well - people have jobs, are making enough to save for retirement & their kids' future college, take vacations, buy a home, and have a buffer so they don't live paycheck to paycheck.

In economic terms, Bernie Sanders objectives are not too far off from that. He adds something else though: Bernie's belief is that a common person's well-being is impacted by what he views as excess wealth of the creator-class.

Bernie's prescription for economic well-being is akin to blood-letting, leech-using quacks of the 17th century. It would make everyone worse off.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6. The time now is 11:32 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top