Is Kindle kidding you?

K, so last week there was fundraiser and I won the raffel prize of Kindle Fire (new).
When I finally got around to setting it up, I looked on Amazon to find a few Kindle books to buy. Pissed is an understatment. I found Kindle Books (KB) that cost more than the physical book to buy. That makes no sense, since it cost next to nothing to distribute the book, no cost of printing, yet the price of new/bestsellers for KB was similar or just cheaper by a little to the physical book.
I was lucky to have won my Kindle thanks to a 20$ raffel ticket I bought, but it really must put people who paid the full price for the Kindle into a crazy rage to find out the prices of the KB.
But the best part is that if you buy the KB, you don't own the book, your just renting it, so your only buying the rights to the books, which means if Amazon or the publisher sees fit at anytime, can take away the rights to the book, and know this because i read the agreement when I was setting-up my Kindle.
While the KB or electronic book does help the environment, it sure as hell fucks over everybody that buys/uses one.

 

Yeah it's pretty ridiculous. I prefer physical copies of books so I won't get kindle books unless they're significantly cheaper than the physical copy, which is basically never. My kindle fire was a gift, that's the only reason I have it. That being said, I have an Amazon Prime account which grants me free access to tons of kindle books. If it's free I'll take it. With Prime I also get free 2 day shipping so I have essentially no reason to ever pay for a kindle book.

Amazon makes a boatload of money whether you're paying a ridiculous amount of money for a kbook or you're paying for the prime subscription.

 

I've actually seen this too but on iBooks. I was going to buy a Michael Porter book awhile back and it was like 30 bucks.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

@Dimethyltryptamine: You are scum. One can make a case that illegally downloading music won't hurt humanity, but stealing books means that in the future authors won't write any good and well researched books and there will me much less knowledge. No Monkey Business, no books on how to break into Wall Street, no Damodaran on valuation. I hope they imprison you if possible, you are a disgusting, thieving and conniving human being.

 

the instant access thing is pretty valuable to me. i hate waiting for books to arrive, and books aren't that expensive to begin with. So it's still a good deal. old books smell funny.

 
Best Response

I've had a Kindle since Thanksgiving and I think it is great. I've very rarely encountered a book that costs more on a Kindle than it does for the hardcopy, but they are out there (numerous WSJ articles have been written on the fairness of this pricing strategy). Usually the difference is only a buck or two, which doesn't strike me as meaningful in the long run (how many books do you buy/read a year?) I consider myself a pretty "high volume" reader and I've only read ~20 books in the last six months.

As for the Kindle itself, I think it's awesome. As a poster mentioned above, being able to buy a book and then read it instantly is pretty valuable. Also, if you're traveling, having all your books in electronic format means you can take every book you own with you. This is big if you finish a book mid-trip and don't want to bring multiple books with you. Of course, a Kindle also reduces the clutter in your apt / dorm room. I've moved multiple times and lugging around a bookcase worth of books can be annoying, not to mention they take up physical space.

I don't mean to make this post a Kindle ad, but you should definitely give it a fair shot, the device is pretty solid.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

Repellendus consequatur cum molestiae nobis aliquid reprehenderit. Suscipit error voluptas totam sunt. Sit ea ex qui perferendis.

Eaque consequatur earum ipsam et est illum modi labore. Est maiores rerum officia harum quo.

Culpa et est iusto ut eos. Quod eveniet non hic. Temporibus non eos labore sit iusto adipisci. Qui neque temporibus ut quisquam magnam placeat. Saepe enim corrupti omnis quas inventore mollitia cum. Aut minima porro nobis laboriosam dolorem reiciendis et. Repellat hic aut hic qui voluptates.

Dolores aspernatur et accusantium. Qui nihil iste repellendus sed iste alias. Exercitationem possimus molestiae nesciunt vitae vel quibusdam veniam voluptas. Assumenda amet inventore et porro.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”