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"There’s panic in this chart. A much more sustained kind of panic than can be sown by the pronouncements of Trump or the bellicosity of North Korea."
by kleinbl00

    Friend of a friend owns a small chain of grocery stores in New Jersey. A few years ago, when Amazon got into groceries, he changed his mind about investing in the growth of his own business. He started buying Amazon shares with his investment capital instead. He saw what happened to Circuit City and Tower Records, Borders and Barnes & Noble. So he bought some Amazon and then he bought some more.

    This wasn’t retirement investing. This was something else. What should we call it? Disruption Insurance?

    I don’t know. Anyway, long story short, Amazon is up over a thousand percent over the last ten years, and <jersey accent>he don’t need the stores no more.</jersey accent>