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How Does a Company Grow Like Amazon?
A company like amazon that's grown over any base line that you could have seen for a company in the past, is still fairly valued. That boggles the mind that a company so giant can still be valued fairly relative to its underlying fundamentals. Have we ever seen companies of this size grow this quickly? It's not saying it's underpriced. Anky says apple consistently delivers the growth implied in that stock price. The lower the probability, the more we want over, the lower the risk of failure. Member, low probablity, low risk of failure, so that we own more.