Economist Ted Bauman has a warning for investors in Amazon. They may think their investment is safer than it actually is, he wrote in a recent issue of his newsletter “The Bauman Report“. Jeff Bezos, the founder and chief executive officer of Amazon, may have filled the leadership role in the tech industry left vacant after Apple’s Steve Jobs died. However, if people think Amazon is a monopoly in the retail industry they are very much mistaken. See more on forexvestor.com
Apple is a monopoly in the smartphone industry. Despite the number of Android phones that have been sold it’s the iPhone that controls this industry. It accounts for more than 75 percent of the annual revenues generated at Apple. Hundreds of millions of people around the world are locked into the Apple brand ecosystem. Apple was the first company to exceed $1 trillion in market cap.
Who is Ted Bauman you ask and why is he questioning Amazon? He’s been an economist for three decades, both in the United States and South Africa. After working for many years in the not-for-profit industry he started to write “The Bauman Report”, a financial newsletter that helps people manage their money. He teaches readers how to protect their assets and what low-risk investment strategies they should be using. He has over 100,000 subscribers.
Amazon isn’t as big as people believe. Ted Bauman says that despite the millions of Prime members and news reports of this company completely controlling online retail that isn’t actually the case. They’re big, no doubt. But less than 50 percent of online sales occur at Amazon. Rivals such as Walmart, Target, and Apple control 56 percent of the market.
Looking at overall retail sales, Amazon isn’t big at all. Ted Bauman surprises people when he tells them that just 5 percent of all retail sales are on the Amazon website. This is because physical stores aren’t nearly as dead as news articles like to proclaim. Kroger is actually a bigger firm than Amazon is. Competitors such as Big Lot, Kohl’s, Target, Walmart, and more are competitively priced with Amazon. The conclusion is Amazon isn’t a monopoly.
Alastair Borthwick is remembered for the contributions he made to broadcasting, television, and print. He was born in 1913 in the Scottish town of Rutherglen, just three miles from Glasgow. His journalism career started at the age of 16 when he left school to work for the Glasgow Herald. At this newspaper he would work his way up to the position of editor. Also at this newspaper, Borthwick would write articles on working-class people who engaged in hillwalking and climbing the Highlands.
These hillwalking articles would be collected and published in the book “Always a Little Further,” in 1939. The book would mark one of Borthwick’s most enduring achievements as an author; the book is still in print today and is regarded as one of the definitive sources on outdoor Scottish activity. Interestingly, the publisher almost didn’t publish the book because of its inclusivity of common folk in an activity traditionally associated with the wealthy. It took no less than the intercession of the towering literary figure T.S. Eliot himself to get the book published.
Borthwick served his country during World War II as an intelligence officer. From this experience he was asked to write “Sans Peur, The History of the 5th (Caithness and Sutherland) Battalion, the Seaforth Highlanders,” published in 1946. Borthwick and his unit were an active part of the war effort, deployed in many countries including Italy, France and Germany. His chronicling of these events has met with critical commendation as recently as the book’s latest reprint in 1994.
Borthwick resumed his post-war career by working with the BBC. 1951 brought with it the Festival of Britain for which he would help to organize the Scottish contribution. The 1960s saw Borthwick in the role of producer for television programs at Grampian TV. His wife Anne and he would enjoy the 1970s from a hill farm in Ayrshire. Alastair Borthwick died in 2003 after a long Scottish life, leaving behind him contributions in print, radio, television and military service.
If there is a Jew who is going to reach the highest levels of heaven in the afterlife, it is Adam Milstein. This is because of his amazing work for the benefit of the Jewish population in the world. Being an ethnic and religious Jew from Israel, he is the one guy to talk to when it comes to issues that strike Jews. Adam Milstein currently resides in an area of the United States that is known for an immensely huge population of people who have Jewishness in their blood and in their hearts. It was a good idea for Adam Milstein and his wife to move to such a place because Jews make up a very, very small minority in the United States. In most places they have little to no presence. Living in a place with one of America’s largest Jewish populations is good for his children and grandchildren, because it is easier for them to find and procreate with Jewish people.
Adam Milstein, like many other Jews, has been very ambitious and prosperous. In the 1980s, he began a long career in real estate. The company that has benefitted from his years-long career is Hager Pacific Properties. His commitment to the successful company has led to his ascension as someone who is higher up.
Adam Milstein has a very noticeable social media presence. He can be found onTwitter, LinkedIn, Facebook and adammilstein.org. Information about him can also be found on Crunchbase. He used these platforms to talk about his credentials, his viewpoints and to list articles about Jewry that he has published.
One of the most lovely article that was published by him was one that expressed hope for Jewish people. The problem is that there are a lot of ignorant people in the world who say things like, “Oh, it looks like so many Jews are dropping their Jewish identity, so that means that there is no hope for the existence of it.” Such a viewpoint is uneducated because the zeal and passion of those who have strong Jewish identitieswill bring Jewry into the future.