Quote:
Originally Posted by CaptainYooh
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.  |
Yes and No. Amazon is setting up to be a world changer. They could literally change the way commerce operates in many industries in the world.
If you believe in the future all commerce and distribution will occur through Amazon, then how do you put a price/value on the company?