@anandabits @eric_perlberg what is the bear case for Amazon? How are they threatened?
-
-
Replying to @benthompson
@monkbent@eric_perlberg no need for threat to see them as enormously overvalued. What is the case future earnings will justify valuation?1 reply 0 retweets 0 likes -
Replying to @anandabits
@anandabits@eric_perlberg actually, there is a need. If can't articulate threat, then upside is by definition unlimited with zero downside4 replies 0 retweets 0 likes -
Replying to @benthompson
@monkbent@eric_perlberg strongly disagree. Eventually market valuation will align with tangible earnings. Free pass will not continue 4ever1 reply 0 retweets 0 likes -
Replying to @anandabits
@anandabits@eric_perlberg you can't just wave away the fact you aren't making the bear case. Confirmation bias3 replies 0 retweets 0 likes -
Replying to @benthompson
@monkbent@eric_perlberg I don't have a bear case for the biz / revenue but valuation always eventually aligns with real earnings.1 reply 0 retweets 0 likes -
Replying to @anandabits
@anandabits@monkbent@eric_perlberg You need more IMO. One bull case is Amazon masks earnings by investing in new infrastructure/businesses2 replies 0 retweets 0 likes -
Replying to @fpgeek
@fpgeek@monkbent@eric_perlberg even if true, how high do you think margins can go? What valuation might that justify?1 reply 0 retweets 0 likes -
Replying to @anandabits
@anandabits@monkbent@eric_perlberg Not about how high the margins go, but how big the business is. Wal-Mart, worldwide in more categories.10 replies 0 retweets 0 likes -
Replying to @fpgeek
@fpgeek@monkbent@eric_perlberg assuming, of course, you use a reasonable discount rate. This is true even if you leave risk premium aside.3 replies 0 retweets 0 likes
@anandabits @fpgeek @eric_perlberg can you all drop me from the replies? Will give more space for your arguments :)
Thanks
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.