Lou Whiteman

With this, what we're talking about is basically carving out a section of an Amazon warehouse for someone else's stuff.

There are going to be some customers where that's very attractive, but GXL Logistics was one of the companies was down almost 20%.

What they are offering for a company like Apple is we're going to run your own warehouse.

We're going to manage your inventories.

We're going to manage all of that in a dedicated facility.

I can't speak for Tim Cook, but I doubt Tim Cook wants all of his inventory just piled into the back of random Amazon warehouses.

Capacity where you have it matters, unlike data centers.

I don't want to whisp past a graveyard here.

I think there's a real threat to these companies, but I do think that it's going to be harder in practice than it is maybe just with data centers and some of the other areas.

I think these other companies can survive and thrive even with Amazon.

Yeah.

Sterling's up 47% last I looked today.

That's brutal.

And I get it.

And I don't know if I've ever been there where 47% up a day and oh no stock I sold, but it feels terrible.

And I get that.

I got to say though, taking profits to me is never a terrible thing.

So

I do try and appreciate the fact, well, profit is good.

I don't think there's a perfect formula.