Michelakis: Amazon Has Not Proven a Good Consumer Business Model
George Mikulakis · George Michelakis – Chess Master's Approach to Long-Short Equity at Gladstone (EP.362) · Jan 15, 2024 · at 35:49
George Michelakis, CIO of Gladstone Management, discusses equity long underwriting criteria with host Ted Seides.
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“Has Amazon proven that it has a good business model yet on the consumer side? Three percent margins. It's a good business proposition for customers. That's very different to it's a good business model for shelves.”
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