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Ooof, very dangerous use of appeal to authority. Markets are probably one of the last places you want to build an argument on "that's what this expert said" bec
by rm999 14y ago
Ooof, very dangerous use of appeal to authority. Markets are probably one of the last places you want to build an argument on "that's what this expert said" because experts are always disagreeing with each other. That's sort of the point of a market: find a valuation that is above what some people think it should be and below what others think it should be.
The value vs growth argument on amazon has been going in circles for years now. No one is saying anything new anymore.