Henry Blodget on how to avoid getting “Amazoned”


Warren Buffett invested $US377 million in the REIT Store Capital which caused the stock to rise 11% on the news. This REIT has a portfolio of leases that are primarily held by services companies that require human interaction. These types of businesses are generally pretty Amazon-proof which makes it an interesting play.

This works into a larger theme we have seen on Wall Street which is all about avoiding getting “Amazoned.” Business Insider global editor-in-chief Henry Blodget says people were also talking about the same thing back in the 1990s.