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> 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 -
by 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?