Recently, I’ve come across a piece about Amazon written by a prize-winning asset manager. After a painstaking sales pitch, she cites analysts’ expectations and adds that “Amazon will triple its earnings in 2014 and then double them again in 2015”. “Investors should not look at the insanely high price / earnings ratio”, she assures readers. When I saw the disclai

Amazon: Don't Play the Losers' Game

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Amazon’s Immense Overvaluation

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