The Importance of E-Commerce Valuations

Amish: In bull markets one would say why would anybody think about value when there's so much growth and stuff like that number one thing in investing be cynical what you see is not what you get. Best businesses are built best money is made counter cyclically Apple we had discussed once was built in a recession because people do things on first principles basis they don't do one has to sentiment separate fundamentals and sentiment, he says.