Monday, July 11, 2016

Bezos Beats Buffett as Amazon Market Value Tops Berkshire



Amazon.com Inc., Jeff Bezos’s online retailer, moved past Warren Buffett’s Berkshire Hathaway Inc. to become one of the world’s five largest companies by market value on Monday, according to data compiled by Bloomberg. Amazon rose as high as $356.5 billion in the first two hours of trading. (via Bloomberg)

What should be noted is that both firms mostly serve the consumer.

If you want to make it big on the free market, serve the consumer.

-RW

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