Re:Amazon Reports First Quarterly Loss in 4 Years
by rorrr on Thursday October 25, 2012 @07:03PM
(#4700024)
Yes, it's a horrible idea. That's basically playing a lottery, since unexpected things happen all the time, successful companies go out of business (Yahoo, and AOL looked pretty damn good 10 years ago).
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Re:Amazon Reports First Quarterly Loss in 4 Years
by gabemart on Thursday October 25, 2012 @07:09PM
(#4700047)
It's a good idea if and only if you believe your personal access to information and ability to perform analysis is greater than the aggregate capability of the market as a whole.
Re:Amazon Reports First Quarterly Loss in 4 Years
by confluence on Thursday October 25, 2012 @07:35PM
(#4700132)
Yahoo! and AOL did not look good 10 years ago. They were selling at insane P/E ratios and had absolutely no way of making good on those numbers. If you invested in them - you'd be a moron.
Unexpected things really don't happen very often and black swan risk is way overblown. When things blow up - they're a long time coming - you just didn't see the data.