This week several companies reported their 4th quarter results. While many companies are driven by Wall Street's thirst for uninterrupted acceleration, a few are in it for the long view. eBay is just such a company. It matters that eBay is more special and unique than not. It matters what kind of investor you are and what you expect from your investment. Kudos is due to Jeff Bezos, Amazon for ignoring Wall Street and building a foundation he believed in. This week he took the first in a series of last laughs. eBay and Amazon are two giants that share parallels.
At some point, a glass is only as full as it can be and no more, before it must change into a different size and shape vessel. eBay's history is a demonstration of its malleability against an onslaught of the most powerful challengers technology and ecommerce has to offer. For one simple reason....
Measuring eBay's growth at ~4% against the rate of ecommerce expansion at ~15% is an irrelevant discussion on both practical and strategic levels. It's a contrived conversation purposed with no more than sensationalism. Sustainability, profitability, longevity, mission, these are the characteristics that matter most. We are never surprised when the biggest player in its own space crashes and burns from mis-steps of unnatural acceleration. No one is immune from making mistakes, no matter how large or small you are. I can think of 1/2 dozen billion dollar companies as I write this, launched or stewarded by friends of mine who are now in that unenviable position.
For that reason, I am personally deeply encouraged by the incoming eBay leadership team. Their view of their own marketplace, their grasp of the opportunity before them on the ecommerce landscape, their world class capabilities, their vision of the future, and by all means their passion and determination to succeed will guide them as they focus and reposition the company after years of portfolio diversification. Platform architectural restructuring, SEO penetration, search manipulation, and all those other operational and tactical events are fleeting. If it's true that you get out what you put in, then I see a marketplace that literally invented their space. Once again, we circle back to people, who they are, what they want, how they want it, and how they choose to interact with each other. Once again, eBay is that place, a place like no other, a fundamental human place, as visceral as it can possibly be at the sub-atomic molecular level. If you are one of our many analyst friends reading this newsletter it's important to remember that this is the unique core culture that is driving an equally unique value proposition, centuries old, and positioned to endure for many more centuries to come. It's important to think about maintaining your focus to minimize distractions from pundits, who are both at arms length and missing the point of the very term, investment for the future.
*** THIS WEEK At 1c No Reserve Auction:
Visit : www.noblespirit.com
A once in a lifetime collection of over 20,000 hand drawn early and very rare Dorothy Knapp, Collins, Fox and more HAND DRAWN covers! Many of these incredible covers are compiled in selected topical or chronological albums. We plan to offer them in their relevant groups as found and fully intact. Search our website for keywords.
A ton of US mint postage! Unexploded booklets, premium sheets in complete file folios, early plate blocks, in albums and powerful accumulations with enormous retail potential.
A massive and quite extraordinary array of US classics, both mint and used, from US number #1, as singles, sets and selections! Fill your spaces or arbitrage for resale from this incredible offering.
A marvelous stockpile of extremely valuable world mint and used singles and sets. Strong British Commonwealth, Asia, China, japan, Russia, Europe proper, Latin America. Of special note look for some fabulous British and French polar issues to top values and with some rare philatelic and postally used covers!
*MAKE AN OFFER ON ANY OF Store ITEMS BELOW,
*YOU MAY BE PLEASANTLY SURPRISED
*TERMS ALWAYS AVAILABLE ->
***LATEST STORE ITEMS***
This week an offer was accepted on the 58 Volume A-Z Collection we had listed at $75,000.
TAKE OUR NEW PRICES REALIZED SEARCH FUNCTION FOR A TEST DRIVE!
****NobleSpirit 4099 Unparallelled 780x GERMANY Colonies & Offices COVER Collection
Collectors interested in this area are always eager to hear of fresh to the market leads of important new material. So, this newsflash is a courtesy to those collectors and investors whom we know will be thrilled to have first sight as soon as it becomes available.
This collecion was listed moments ago.
German Colonies are extremely popular and valuable enough!
Now imagine what it would take to assemble German Colonies
This is an impossible collection that brings new meaning to that statement!
It would take a lifetime of effort and expense to assemble a collection such as this. These covers form some of the finest examples seen, in meticulous condition, extensively attributed throughout and with values for a vast quantity in ranges from $100-$200 each up to $1,000's each!
You will see vast quantities of:
***NobleSpirit (PRC) CHINA PRC $1,600,000 Million Dollar MNH Dealer INVENTORY!!!!***
***Offices in China***
***Top Kaiser Yacht values, as singles, sets, part sets***
***Combination and mixed uses***
$1,600,000 MILLION DOLLAR CATALOGUE VALUE!
METICULOUS ORGANIZED AND ITEMIZED DEALER INVENTORY!
LIKE MONEY IN THE BANK, INSTANT CHINA PRC DEALER BUSINESS IN 30 MASSIVE CARTONS!
ALL MINT NEVER HINGED (MNH) Except for approximately $125,000 CV which is fresh and fault free used!
Suffice to say an unrepeatable once in a lifetime opportunity for the astute dealer, investor or consortium of investors interested in a solid, highly desirable asset based quick turnaround profit potential!
China PRC is without question the most vibrant area of philately!
Terms available for this amazing unparalleled stock, as well as all our high ticket items.
*** IMPORTANT 14 Volume US Collection, Great Rarities, Proofs, Covers and more has arrived! ****
1250 photos, $195,000 Sale Price with Best Offer Feature. Terms available, as with all our high ticket items. Multiple numbers 1,2,3,4 and virtually a complete run up to Scott number 299 only. However, with tremendous and ultra rare proofs of all the most coveted issues, including Pictorials, Columbians, Tans-Miss, and much, much more! Once you view this astounding collection you will be compelled to agree that this collection will not last long!
See for yourself.....!
--- If you love Air Mail, this collection is an unrepeatable thrill of a lifetime. There truly are no works to describe it. Moreover, at only $65,000 sale price, it is both unmatched and unrepeatable. MAKE AN OFFER!http://tinyurl.com/otyysnn
---China's Greatest Air Mail cover collection is another literally unsurpassed, unrepeatable experience that only comes along once in a lifetime. At $38,000 sale price it's overdue to fly out of here. MAKE AN OFFER! See for yourself:http://tinyurl.com/pj25wc2
The Noblespirit Team