Amazon Founder Says His Company "Will Go Bankrupt"…
By: Brett Neuling
In 2018, Jeff Bezos shocked Amazon investors to the core with a bold prediction:
"I predict one day Amazon will fail."
In response to a question at a company meeting, Bezos explained that he believes Amazon will eventually "go bankrupt."
"If we start to focus on ourselves, instead of focusing on our customers, that will be the beginning of the end," the Amazon founder said. "We have to try and delay that day for as long as possible."
And since then, Bezos has been dumping billions of dollars of Amazon stock every year… including over $9 billion in 2020 alone.
But Bezos isn't cashing out; instead, he's reinvesting his money. And lots of it is going into a fast-emerging technology that he believes will "improve every business."
He's not alone in seeing it this way…
- A Shark Tank billionaire says it will create the world's first trillionaire
- Elon Musk is contributing to a $1 billion investment in this technology
- Even super-investor Warren Buffett says that it's "enormously disruptive"
So what is it about this technology that has some of the most successful investors in the world pouring fortunes into it?
They see it as a massive investing opportunity – bigger than Amazon, Tesla, and Microsoft combined.
You see, even though these billionaires have been openly talking about this technology to anyone who will listen, many Australians still don't know about this remarkable opportunity!
Namely, some market researchers believe this technology could potentially be worth up to US$19 TRILLION!
With numbers like that, and with so many of the richest investors and entrepreneurs in the world racing to get in on this new technology… you can see why paying attention could really pay off.
And we believe the biggest returns are yet to come.
Which is why I don't feel like I'm very far out on a limb with this "bold" prediction:
Five years from now, you'll probably wish you'd bought at least one stock involved with this technology.
Because I believe it could take off explosively, and potentially make savvy investors who backed the right companies absolute fortunes.
The Motley Fool Australia has identified three high-conviction stocks that our team of investment analysts believe are well-positioned to ride this technological wave in Australia.
And the good news is that you can find out all about these companies and the incredible opportunities our investment team sees today.
To help investors like you understand how they can take advantage of this emerging trend, our team has laid out the full story on this upcoming tech trend in a brand-new report.
And trust me, I think you're going to want to see this report before you invest $1 in any tech company in the near future…
Because according to our analysts, this next-gen tech revolution looks like it's about to take off, and I think you'll want to get in on this before that happens.
This technology could hit the mainstream at any time.
Don't wait until it's too late. Simply enter your email address below to sign up and learn more about this incredible investment opportunity.
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon. The Motley Fool Australia has recommended Amazon. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. For more information about The Motley Fool see our Financial Services Guide. All returns cited are hypothetical and based on the percentage change between the stock price at the time of recommendation and the current or sell price (if the position has been closed) at the time of publication. Brokerage, taxes and any other associated costs are not taken into account. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. Performance figures are not intended to be a forecast and The Motley Fool does not guarantee the performance of, or returns on any investment. Any money back guarantee is strictly limited to the subscription price paid for the product.