If you’re an investor, there’s a good chance that you’re familiar with expert Ted Bauman, the economist who’s the editor of a monthly publication called The Bauman Letter with over 100,000 devoted subscribers. Bauman is known for providing critical financial information to help his followers protect their investments. His innovative strategies are also shared in the Smart Money service that he provides, which includes an Alpha Stock Alert and an ETF-trading platform. Ted Bauman’s knowledge and views concerning Amazon are particularly noteworthy because they are contrary to the opinions shared by many experts. Ted has compared Amazon to the Sears catalog that was first published in the late 1980s and provided immediate gratification.
The desire for immediate satisfaction that existed decades ago has not changed. This is partially the reason for Amazon’s success in selling a wide selection of merchandise at affordable prices, and with fast delivery options. Amazon sells nine out of every twenty products purchased online in the United States. Despite the tremendous success of Amazon, Ted Bauman disagrees with those who believe it’s a monopoly. However, he still has concerns about the online retail giant. As a matter a fact, he has major concerns, and one of them is data security. Bauman’s knowledge on this topic is expansive and he has even authored a guide to Internet privacy and security that was recently published.
The guide provides eight recommendations for boosting security, such as using Signal and/or WhatsApp for mobile messages, getting a password manager, using two-factor authentication and using a virtual private network (VPN). Another concern that according to Ted Bauman has with Amazon is the fact that the company is growing increasingly unpopular with suppliers because of pressures to reduce bulk prices. Amazon even removes the merchandise of manufacturers who are not willing to lower their prices. Ted Bauman says that this type of behavior has the potential to trigger government action. Along those same lines, Ted Bauman has an issue with the way in which Amazon negotiates prices for shipping services with the United States Postal Office. He believes the post office and other shipping services end up complying with the demands in order to keep Amazon as a client.
Sources of the article: https://chronicleweek.com/2018/05/ted-bauman-3-stock-market-crash-outcomes/