At Amazon, It’s All About Cash Flow
Harvard Business Review
OCTOBER 20, 2014
Why stock prices do what they do over the short term is an enduring mystery , and I’m not going to claim to solve it here. Free cash flow does count all of Amazon’s investments — although it counts them when the money is spent instead of depreciating and amortizing them over subsequent years. Maybe that’s true. for Costco and 38.5
17 
Let's personalize your content