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Keep in mind that at the time Friedman was writing this, his in-laws had a billion dollar empire of shopping malls. His dire predictions for investing in Amazon

• mattraibert 16y ago
  Do you have a source?
  • georgecmu 16y ago
    http://www.vanityfair.com/online/daily/2008/11/thomas-friedmans-world-is-flat-broke.html http://www.vanityfair.com/online/daily/2008/11/thomas-friedm... ... based on the bad news coming out of shopping-mall owner General Growth Properties [GGP], it is no wonder Friedman is feeling crankier than usual. That’s because the author’s wife, Ann (née Bucksbaum), is an heir to the General Growth fortune. In the past year, the couple—who live in an 11,400-square-foot mansion in Bethesda, Maryland—have watched helplessly as General Growth stock has fallen 99 percent, from a high of $51 to a recent 35 cents a share. The assorted Bucksbaum family trusts, once worth a combined $3.6 billion, are now worth less than $25 million.