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Originally Posted by jeffporfirio
FWIW Amazon stock is up almost 11% on earning today
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How could anyone in a right mind invest in the P/E of 277? In simple language, this means that an investor will recoup the investment in 277 years from profits. I can't find a better example of of investor's exuberant irrationality.
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"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
“To generalize is to be an idiot.” William Blake
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