skitown
Member
I think it is worth pointing out that the stock as hitting like $120 in that video - which would have later split to make it $60. A few years later the stock would be under $10. While it would rally and get back to $60 in 2003 it really didn't grow much for the 5 years after that. I say this because I think a lot of people don't really get how much a stock like this can move - even if the company continues to execute on the long term vision.
Don't disagree. And Bezos' quote that he "knows he could lose it all - that it's a fact" - or whatever it was is also perfectly apropos, IMO. Some stocks certainly are not for folks who have an aversion to volatility and/or risk.