3 ms·
The author regularly conflates Amazon's price and Amazon's value. I understand articles like this getting traction on pump and dump finance forums, but I'm a li
by kolbe 10y ago
The author regularly conflates Amazon's price and Amazon's value. I understand articles like this getting traction on pump and dump finance forums, but I'm a little disappointed to see it on the front page here.
- coldtea 10y ago>The author regularly conflates Amazon's price and Amazon's value. That's because the price is also important, it's not some 1850's world, where value is everything. People can sell on the price and make billions.
- kolbe 10y agoHence my use of the word 'conflates'. Price isn't irrelevant. Price is extraordinarily important, but it's not the same thing as value.