The Memo by Howard Marks cover image

The Rewind: Something of Value

The Memo by Howard Marks

CHAPTER

How to Find the Amazons and Hold Them

After the check bubble burst, i think it was in one if i'm not mistaken, that amazon got the six box. Now let's say you were lucky and smart enough to buy it at six. Would you have sold it at 12? Would you sold half at 12? It double? Got to take it double. What about it? 60? Ten x 600? About ten years later,. i think it hit 600. Well, take a little off the table, playing with the house money, those kinds of adages. You can find counter examples for both. If you think youve found a sure thing, i would suggest you re evaluate a few times before you plunge.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner