3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP506: How Jeff Bezos Built Amazon

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Stock Is Not the Company

At the peak of the internet bubble, Amazon's stock peaked somewhere around $113. Then after the internet bubble busted open, our stock went down to six. My annual shareholder that year starts with a one-word sentence: ouch. Most of those internet companies of the.com era are out of business.

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