It was decades later before much of the public benefited from flight, too. That dose of reality injected, biotech is one of the most exciting, Rule Breaking industries in the world, and with this status it offers very exciting investment opportunities for people who don't mind long-term risk and uncertainty. To help you learn how to invest in biotech companies, we'll be chatting live with you about the topic next Monday night in an online chat room. You'll see more details about next week's event at the end of today's column. Amazon's Failing Competitors Yesterday, I began to share why I believe that Amazon (Nasdaq: AMZN) is increasingly in a better competitive position with, on most accounts, considerably less uncertainty than in the past. First, it is widely reported that many of Amazon's young competitors are running low on cash. Unlike the media, however, I see little utility in counting dwindling cash balances and trying to guess when certain companies will disappear.