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Is this perhaps a signal that it might be a good time for others to start selling Amazon stock? I know if I were Bezos I would sell when I thought the stock wa
by tryitnow 10y ago
Is this perhaps a signal that it might be a good time for others to start selling Amazon stock?
I know if I were Bezos I would sell when I thought the stock was overpriced. I wonder if this is an indication that
Bezos and his team were brilliant for selling a bunch of convertible debt right before the 2000 crash. And let's not forget Bezos got his start at the quant fund DE Shaw.
- LeifCarrotson 10y ago> I know if I were Bezos I would sell when I thought the stock was overpriced. You're thinking of the stock as an investment. To Bezos, though, it's an asset - something that can be sold when he needs liquid funds to finance an operation like Blue Origin. Perhaps he thinks it will be more profitable, or more fulfilling, or more fun. What's the point of having investments if you can't sell them unless they're overpriced?