So...This is what happens when hordes of people move to passive investimg and don't pay attention. Details will take care of themselves, right? This time is different, making absurd financial decisions will turn out fine?pic.twitter.com/wP394HK3Dh
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Unless amazon is regulated, it is on its way to taking a 15% cut of every consumer transaction in this country. What I'm saying is that these valuations, ignoring monopoly regulation, may not be so crazy.
Def at the top of their game. They are the bluest of the blue chip, grown to be huge organizations with enormous capital, hundreds of thousands of employees, dominant, reg monopolies. Reminiscent of Cisco, Intel, GE, Sears, Ny Central, US Steel, HP, Kodak... past disruptors
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