93. Retailers and platform mom-n-pops are different businesses.
With purchasing power, a retailer can get better terms from suppliers than a mom-n-pop $AMZN shop can.
But the $AMZN shop may have COGS that round to zero if they’re getting inventory from dumpster fetch quests.
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You're welcome. If this thread was from someone like
@naval,@wolfejosh or@patrick_oshag it would be rampaging through FinTwit with a bazillion retweets and likes. -
It makes me happy you liked it that much. :) Don't feel obligated to read, but I wrote some articles you may enjoy! I deleted my Medium recently, but I saved them to my Google Docs. Apologies for formatting. One is long form. https://docs.google.com/document/d/1YpoawYjQ50I9rdGguXYl8Mvh7oDFSOkTVTGcSsO9gG4/edit?usp=sharing …https://docs.google.com/document/d/1A8UIxtPXxrjvY-wGtAZBN0Q4EPxBCqQJSTTFSBZlQ30/edit?usp=sharing …
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That's amazing. U are living proof that formal education is highly overrated! I'm not afraid of AI taking over the world but people like u & venkat, taking over! Ordinary folks would have to move around with an encyclopedia/wiki to even understand all that u guys say.

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Haha well I dunno about taking over the world but thank you for the compliment. It means a lot to me for people to see me as worthwhile even though I’m uneducated.
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It is true, unfortunately. I was taken out of school at age 9 following a very nasty divorce, so I’ve just sort of learned things that interest me since then.