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Ep. 55, Part 2: Scott O’Neil & Steve Birch: Can Microsoft, JD.com Lead A Stock Market Comeback?

Investing With IBD

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The Rise and Fall of Amazon

I would go to Bill O'Neill with Amazon and suggest that we maybe put that on our approval list that we could purchase but every time he would turn me down. He would always say they have no earnings and we didn't trade that stock even though it had a big move. Then sure enough when Amazon finally you know started to turn a profit they weren't reinvesting in robotics and automation on the plant floor I saw their first profit It did form a base and it did provide a proper pivot, which is when Bill put it on. You're probably better served being really Orthodox longer term rather than always kind of making exceptions because I know people get into trouble right? We see that often

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