Re:WeWork Gets a Visit from Financial Reality
by JumpCrisscross on Tuesday January 08, 2019 @01:47PM
(#18858212)
Buying Amazon in the 90s is analogous to buying Berkshire in the 70s. It would have taken a prescient and outsized allocation decision which, ex ante, would have been difficult to justify.
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Re:WeWork Gets a Visit from Financial Reality
by bryanlarsen on Tuesday January 08, 2019 @01:54PM
(#18858337)
A very large number of people were buying Amazon and the other internet stocks in the 90s. If not, there wouldn't have been a bubble. The part requiring the magic genie would be not selling it for the next 20 years... :)