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Is My Bezos Law About to Hit Healthcare?

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I’ve discussed my Bezos Law before. It’s my theory that any industry Jeff Bezos enters will see lower prices. Now, Bezos’ Amazon.com and consortium of investors including JPMorgan Chase and Berkshire Hathaway is about to enter the employee health care market. What does this mean for the future of health care? David Marino-Nachison writes in Barron’s Next:

When Amazon.com takes concrete, public steps into huge industries—which it did Tuesday, announcing a joint venture to tackle employee health care with JPMorgan Chase and Berkshire Hathaway—it should make investors blink.

But what else should they do? And when? (First, they should read Bill Alpert’s take for Barron’s about possible winners and losers.) Yesterday, our thoughts turned to last year’s news that Amazon was to buy fellow NEXT50 component Whole Foods.

Leading retail stocks were understandably shaken on that announcement. But looking back, somewhat subjectively, at the companies in The Wall Street Journal’s story on the announcement—namely, Costco, Kroger, Target and Walmart—it’s hard not to notice that they’ve all beaten the S&P 500 since.

So, it turns out, did the SPDR S&P Retail ETF.

The details of the latest Amazon news are still scarce. Analysts have noted that it’s far from the first sign of disruption in health care. (Or, of course, even the first from Amazon.) There are also a number of reasons stocks have risen since last summer.

But it’s hard not to notice that the “Amazon effect” can mean very different things in the moment—and over many moments.

Read more here.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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