Kimberly Parry Organics Stock (OTC: KPOC)

Latest news for Kimberly Parry Organics (OTC:KPOC) Stock

Kimberly Parry Organics Corp develops luxurious spa products that harness the power of botanicals and aromatherapy. The firm's product portfolio encompasses organic skincare, organic bath and body products, organic mom and baby care, and organic spa treatments for destination, resort, and day spas. Its products are marketed to resorts, spas, retail outlets, and over the internet. The company is focused on the manufacture of its product line and on the acquisition of companies that are USDA certified organic and possessing both patents and product distribution.

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KIMBERLY PARRY ORGANICS by Kimberly Parry Organics, Corp.

Kimberly Parry Organics Corp

Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos shared insights into his success his approach to achieving massive success.
What Happened: Earlier this week, in an interview at the New York Times DealBook Summit, Bezos was asked about his confidence in building large-scale companies like Amazon and Blue Origin.
Bezos is currently the world&#8217;s second richest person, according to the Bloomberg Billionaires Index. His net worth currently stands at $240 billion, having increased by $63.4 billion in 2024 till date.
While responding, he explained that it is common for people to overestimate risks and underestimate opportunities.&nbsp;
Bezos advised entrepreneurs to counteract this tendency by recognizing that perceived risks might not be as significant as they seem, while opportunities could be more substantial than anticipated.
He continued saying, "You say it's confidence, but maybe I'm just accepting that human bias and trying to compensate against it."
See Also: <a href="https://www.benzinga.com/24/12/42256614/trumps-ai-czar-plans-alibabas-new-model-cathie-wood-on-tesla-ai-and-musks-combat-transformation-this-week-in-artificial-intelligence?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump's AI Czar Plans, Alibaba's New Model, Cathie Wood On Tesla AI, And Musk's Combat Transformation: This Week In Artificial Intelligence</a>
The Amazon founder also made another observation, saying, "The second thing I would point out is that thinking small is a self-fulfilling prophecy."
Simply put, he meant to say that if a person believes they can only accomplish small things, they&#8217;ll act in ways that make that belief come true.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: During the interview, Bezos also <a href="https://www.benzinga.com/media/24/12/42331420/jeff-bezos-optimistic-about-trumps-second-term-wants-to-help-streamline-rules-we-do-have-too-many-regulations-in-this-country">expressed optimism</a> about Donald Trump&#8217;s second term, highlighting the potential for reducing regulations. &#8220;We do have too much regulation in this country,&#8221; he stated while showing willingness to assist in streamlining rules.
He also addressed America&#8217;s national debt crisis, advocating for a <a href="https://www.benzinga.com/news/24/12/42335531/jeff-bezos-counters-elon-musk-led-doge-cost-cutting-plan-says-america-needs-growth-orientation-heres-what-the-amazon-founder-said-to-tackle-national-debt">growth-oriented approach</a> to spending cuts. Bezos spoke about the need to boost GDP growth to 3-5% annually while maintaining slower debt growth.
In the interview, Bezos also revealed that he is dedicating significant time to ensure Amazon remains a leader in AI.
&#8220;My heart is in Amazon, my curiosity is in Amazon, and my fears are there and my love is there,&#8221; he stated, adding. &#8220;I&#8217;m never going to forget about Amazon. I&#8217;ll always be there to help, and right now, I&#8217;m putting a lot of time into it. I can help, and it&#8217;s super interesting, so why not?&#8221;
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Price Action: Amazon&#8217;s stock climbed 2.94% on Friday, closing at $227.03, before slipping 0.29% in after-hours trading. Year-to-date, Amazon shares have soared 51.42%, outperforming the Nasdaq 100 index's 30.7% gain during the same period, according to <a href="http://pro.benzinga.com/">data from Benzinga Pro</a>.
Amazon&#8217;s consensus price target, based on evaluations from 38 analysts, is $238.16, with JMP Securities assigning the highest target of $285 on Nov. 1. Latest ratings from Needham, BMO Capital, and MoffettNathanson average $244.67, implying a 7.8% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/AMZN/analyst-ratings"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/07011855/Screenshot-2024-12-07-at-11.48.50%E2%80%AFAM-1024x375.png" alt="" class="wp-image-681629" /></a></figure>
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/general/entertainment/24/12/42330923/espn-lands-on-disney-in-major-content-fusion-heres-what-it-actually-means?itm_source=parsely-api">ESPN Lands On Disney+ in Major Content Fusion: Here&#8217;s What It Actually Means</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Tech

AMZN

Jeff Bezos, World's Second Richest Person, Reveals The Simple Secret To Building Successful Businesses Like Amazon

Warren Buffett, CEO of Berkshire Hathaway, and the late Charlie Munger have long emphasized the critical role of integrity, intelligence, and energy in effective leadership.&nbsp;
What Happened: While <a href="https://fortune.com/videos/watch/How-does-Warren-Buffett-cultivate-new-leaders/bdb66cd1-471f-4ef7-9939-838c3175dd1e">speaking</a> with Fortune during the 2015 Berkshire Hathaway Annual Shareholder Meeting, Buffett underscored the importance of a clear vision to inspire others.
"You have to have a clear vision of where you're going, so that you can get others to follow you," he said at the time.
Buffett believes that leadership qualities can be both inherent and developed. &#8220;Some people have way more leadership qualities inherently, but I think you can learn a lot, too.&#8221;&nbsp;
In a 2014 <a href="https://fortune.com/2023/11/29/charlie-munger-warren-buffett-bad-managers/">interview</a> with Fortune&#8217;s Pattie Sellers, Buffett, and Munger spoke about the significance of sound management and hiring practices.
See Also: <a href="https://www.benzinga.com/media/24/12/42331420/jeff-bezos-optimistic-about-trumps-second-term-wants-to-help-streamline-rules-we-do-have-too-many-regulations-in-this-country?itm_source=parsely-api">Jeff Bezos Optimistic About Trump&#8217;s Second Term, Wants To Help Streamline Rules: &#8216;We Do Have Too Many Regulations In This Country&#8217;</a>
The duo revealed that they avoid acquiring companies with poor managers, preferring to collaborate with naturally competent individuals.
"Marrying somebody to change them is crazy," Buffett stated then, adding, "And I would say hiring somebody to change him is just as crazy, and becoming partners with them to change them is crazy."
"The reason that Berkshire has been successful as a big conglomerate—more successful than any other big conglomerate, so far as I know—is we try to buy things that aren't going to require much managerial talent at headquarters," Munger said at the same time.
In 1998, while <a href="https://tilsonfunds.com/BuffettUofFloridaspeech.pdf">speaking</a> to MBA students at the University of Florida, Buffett said that his hiring criteria focus on integrity, intelligence, and energy.
During a 2021 shareholder meeting, Buffett said that poor management is the most significant risk to a company, <a href="https://www.wsj.com/articles/warren-buffett-says-bad-leaders-pose-biggest-risk-to-companies-11620034201">reported</a> the Wall Street Journal.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: Previously, Tesla CEO Elon Musk has <a href="https://www.benzinga.com/tech/24/12/42312508/tesla-ceo-elon-musk-agrees-with-apple-co-founder-steve-jobs-on-guiding-talent-you-know-who-the-best-managers-are">echoed similar sentiments</a>, aligning with Steve Jobs on the importance of hiring top talent and effective leadership.&nbsp;
Musk agrees with Jobs&#8217; philosophy that identifying the best managers is crucial for success.
In March 2024, Musk reiterated his agreement with Jobs&#8217; views on <a href="https://www.benzinga.com/news/24/03/38013068/tesla-ceo-elon-musk-reacts-to-apple-co-founder-steve-jobs-on-finding-top-talent-you-build-up-these-p">building a team of &#8216;A&#8217; players</a>, emphasizing that a small team of top performers can outperform larger teams of average talent.
This approach aligns with Buffett&#8217;s focus on integrity and intelligence in leadership.
Jobs, who co-founded Apple Inc., has also <a href="https://www.benzinga.com/top-stories/24/04/38033914/steve-jobs-had-3-management-tips-for-companies-after-previously-hiring-bozos-to-run-apple">shared management tips</a>, stressing the importance of hiring the right people to lead a company.
&#8220;You know who the best managers are. They&#8217;re the great individual contributors who never ever want to be a manager, but decide they have to be a manager because no one else is going to be able to do as good a job as that,&#8221; Jobs said.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/general/entertainment/24/12/42330923/espn-lands-on-disney-in-major-content-fusion-heres-what-it-actually-means?itm_source=parsely-api">ESPN Lands On Disney+ in Major Content Fusion: Here&#8217;s What It Actually Means</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Warren Buffett Once Said Hiring Someone To Change Them Is 'Just As Crazy' As Marrying Someone To Change Them: 'The Reason That Berkshire Has Been Successful…'

MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) executive chairman Michael Saylor's growing Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) bet could unravel and break down the "magic money creation machine," warned an investment expert.
What Happened: Appearing on a recent episode of the All-In Podcast, Gavin Baker, managing partner and chief investment officer of Atreides Management LP warned that Saylor's Bitcoin bets could get "too big for the size" of MicroStrategy.
Baker called out Saylor's strategy of issuing debt and buying Bitcoin. "What he is doing is he is issuing debt and buying Bitcoin with the premise that it is always going to go up."
However, Baker has a word of caution here. "No trees grow to the sky," he said, adding that the interest expenses will keep rising for the company if Saylor keeps at it.
"The underlying business that pays the interest expense on the debt only does $400 million a year.
"Unless debt investors have absolute confidence… it will get to a point where it is too big for the size of his company," said Baker.
If Saylor over-collateralizes Bitcoin, Baker warned that the "magic money creation machine" will break down.
See Also: <a href="https://www.benzinga.com/24/12/42376691/michael-saylor-says-his-bitcoin-strategy-is-simple-just-keep-buying-btc-with-your-spare-capital">Michael Saylor Says His Bitcoin Strategy Is Simple: &#8216;Just Keep Buying BTC With Your Spare Capital&#8217;</a>
Why It Matters: As of Nov. 24, 2024, MicroStrategy held 386,700 Bitcoins at a purchase cost of $21.9 billion, at an average price of $56,761.
MicroStrategy's "approach involves adding Bitcoin to the balance sheet, increasing stock volatility, and using convertible debt to enable low-cost capital raises." said Bernstein's&nbsp;Gautam Chhugani&nbsp;in a&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42160774/microstrategy-is-the-bitcoin-magnet-says-bernstein-but-not-everybodys-sold-nothing-is-free-in-finance-says-one-analyst" target="_blank" rel="noreferrer noopener">recent note</a>.
For context, MicroStrategy's convertible notes do not offer investors any interest – and yet, they are still <a href="https://www.benzinga.com/markets/equities/24/11/42186167/michael-saylors-microstrategy-convertible-notes-to-buy-bitcoin-offer-no-interest-so-why-are-investors-rushing-to-buy-them">rushing to buy them</a> as Bitcoin's bull run continues after Donald Trump's victory.
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Price Action:&nbsp;At the time of writing, Bitcoin was trading at $99,308, up 1.7% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
MicroStrategy stock closed at $395.01 on Friday, up 2.2% for the day. Year-to-date, the stock has gained a whopping 476%.
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42377387/palantir-co-founder-joe-lonsdale-cheers-trumps-new-sec-pick-calls-out-gary-gensler-for-purposely-not-defining-crypto-rules">Palantir Co-Founder Joe Lonsdale Cheers Trump&#8217;s New SEC Pick, Calls Out Gary Gensler For &#8216;Purposely&#8217; Not Defining Crypto Rules</a></li>
</ul>
Photo courtesy: Wikimedia

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MicroStrategy's Michael Saylor Risks Breaking Down The 'Magic Money Creation Machine' With His Growing Bitcoin Bet, Says Expert

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