Re:Tesla Short Sellers Lost $38B in 2020 as Stock Surged
by jdmoreira on Friday January 01, 2021 @07:02PM
(#25608703)
This is called selection bias. You are cherry picking Amazon in the present and going back in time to a past where there were many more e-commerce contenders.
I'm sure you have heard about the dot-com bubble. Do you know what all those companies were doing? E-commerce. In some alternative universe Amazon is Pets.com
What you identify as irrational markets might actually be you simply being wrong.