> Amazon recently set a record for losing over one trillion dollars in share holder value I think is this case Amazon was massively overvalued, the market had

> Amazon recently set a record for losing over one trillion dollars in share holder value I think is this case Amazon was massively overvalued, the market had unrealistic expectations In the similar manner oil companies are overvalued - they seem to assume that every last drop of oil in discovered reserves can be burned, when in reality wars and social unrest will break out long before that.