Yes, Wall Street has done it again… Yesterday, Amazon reported a quarter that mostly missed the Street’s ambitious expectations -- and the stock went through the roof, and continues to do so today. In the meantime, Apple's stock is rapidly going down the shitter, trading at low multiple of 10-times earnings, and Amazon's stock is trading at an "infinite" price-earnings ratio. Proof that the financial experts are fucking clueless. Or to paraphrase William Goldman… “No one on Wall Street knows anything about anything.” However, I do know one thing for sure that I never cease going on about… Jeff Bezos is a fucking genius who has created one of the best companies on the face of the planet.
I am so rich, I could have her cloned!
