This Is How Amazon Will Become America’s Most Valuable Company

In 2014 I invested in Amazon.com (AMZN), much to the bewilderment of many of my clients. Even though the stock had fallen from more than $400 to below $300 per share, the consensus view was that the company was a money-losing unfocused endeavor that prioritized innovation over financial considerations. In many minds, there was no way to justify Amazon’s market value, so $280 per share … Read More →