Amazon Founder Says His Company “Will Go Bankrupt”...

Investing April 18, 2024

By: Mike Klesta

Line of boxes in a distribution center

Key Points

  • Jeff Bezos has been investing in a fast-emerging technology that he believes will “improve every business.”
  • This technology is reliant on a tiny manufactured component… a component that Amazon does not produce in-house.
  • Some market researchers believe this technology could potentially be worth up to $15.7 trillion!

Jeff Bezos once shocked Amazon investors to the core with this bold prediction:

“I predict one day, Amazon will fail.”

In a candid interview, Bezos explained that he believes “Amazon will be disrupted one day” and eventually “will go bankrupt.”

What's more, Bezos had been selling billions of dollars worth of Amazon stock every year…

But not because he was cashing out… instead, - he’s reinvesting his money into a fast-emerging technology that he believes will “improve every business.”

What most people don’t know is… the technology that Bezos is busy betting on is reliant on a tiny manufactured component… a component that Amazon does NOT produce in-house.

That’s because another company (a fraction of the size of Amazon)… is producing a version of this component so powerful that it is absolutely annihilating the competition.

He’s not alone in seeing this emerging technology this way…

  • Mark Cuban is on record saying 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” and will have a "hugely beneficial social effect”

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 – much bigger than Amazon, Tesla, and Berkshire Hathaway combined.

You see, even though these billionaires have been openly talking about this technology to anyone who will listen, most ordinary Americans still don’t know about its remarkable opportunity.

Namely, some market researchers believe this technology could potentially be worth up to $15.7 TRILLION in the future!

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.

Which brings me back to a company I mentioned above that is manufacturing the tiny components fueling this technological breakthrough…

And the good news is that you can find out all about this company and this incredible technology today.

What I’ve told you so far is just the tip of the iceberg...

So, to help regular Americans like you understand how to take advantage of this emerging trend, The Motley Fool’s team of investment analysts has laid out the full story on this incredible tech trend in a report, which is included free just for trying out Motley Fool Stock Advisor (with its 30-day membership-fee-back guarantee).

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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Mike Klesta has no position in any of the stocks mentioned. The Motley Fool has positions in Amazon.com and Tesla. The Motley Fool has a disclosure policy.

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