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Archive of entries posted on 13th April 2018

Why I like tech stocks

Think Amazon. It sells a paper book at $20. It costs Amazon $15. Then it has to pack and ship the book, for free. Profit? Not much. It sells a Kindle book for $20. It costs Amazon at most $15. Maybe 50 cents to store the book on its servers. It now has $4.50 in […]