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3min chapter
It Doesn't Matter Until It Matters
The Compound and Friends
The Stock Is Still Trading at 25 Times Sales Now.
Amazon stock, from the pe two thousand to two thousand two, fell nd more than 90 %. But ther revenues doubled during those few years. So all these companies are now too large to bequote, secular growth stories in in a global economy that's not co operating. It would be impossible for them not to feel those effects at this size. The multiple contraction started at the beginning of 21 and continued through the course of the whole year. And then its sort of just prore can i say something?
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