Message Font: Serif | Sans-Serif
 
No. of Recommendations: 4
Practically no-one would have predicted

Yet... people somehow keep predicting there is going to be a bear market and it is going to magically create opportunities which WEB is going to capitalize on... Why that prediction today is acceptable?

Another fallacy of this argument is there were two 20% decline in this period, which should count as bear market. But facts are so annoying and inconvenient.

There are many folks questioned IBM purchase at that time. Some popular posters argued how IBM is moving to "value added, higher margin" business and at the same time these "smart guys" made arguments like AWS is a low margin business, etc....

Guess what AWS is doing 26% operating margin, full 10% higher than IBM's.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.