Ted Bauman is an accomplished writer who edits the Bauman Letter at Banyan Hill Publishing. The Letter is a monthly publication that attracts more than 100,000 loyal subscribers. Bauman has devoted his writing on the topic of how ordinary people can preserve and secure their wealth by investing innovatively and also by having legal and personal strategies. Beside the Letter Bauman’s runs a Smart Money Service including a weekly Alpha Stock alert all of which are trading services.
Ted Bauman was born and raised in the US but later relocated to the African continent in pursuit of education. He attended the University of Cape Town where he graduated with a degree in both history and economics. Bauman career also began while in South Africa where he worked for a number of non-government organizations and governments. He later moved back to the US where he had a brief stint working for an Atlanta based organization before joining Banyan Hill publishers in 2013.
Ted Bauman in one of his articles says that Amazon is not a monopoly. He goes ahead to warns investors against buying the firm’s stock as they are vulnerable. Amazon is among the top leading online retail companies. The firm is ranked the 4th most valuable company in the NYSE with a market cap of about 560 billion dollars. The firm also boasts of having close to 90 million loyal consumers who have prime memberships and can access free shipping and also enjoy free TV and movies streaming. The firm moreover has an estimated annual revenue of about 170 billion dollars. Despite the staggering figures, all is not rosy for the world’s number one online retail company.
Ted Bauman disagrees that Amazon is a monopoly. According to Ted companies such as Wall-Mart earn three times more revenue as compared to Amazon. Bauman further proves his analogy by quoting the New York Magazine that states Amazon generates less income than Kroger chain of supermarkets. Online retail companies are also a threat to apple as they represent about 56 percent of the total e-commerce market. One worrying sign against investing in Amazon according to Bauman is that although Amazon makes massive profits, it doesn’t pay dividends to its shareholders. Instead, the company uses the money to acquire other companies or introduce new services. This according to Bauman is dangerous, and investors can only profit from Amazon shares through selling them.
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