<story><title>Jeff Bezos&apos;s Net Worth Just Broke $100B</title><url>https://www.bloomberg.com/news/articles/2017-11-24/jeff-bezos-fortune-hits-100-billion-on-black-friday-stock-surge</url></story><parent_chain><item><author>justboxing</author><text>AMZN, the stock, is trading at a P.E. Ratio of nearly 300. &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;finance.google.com&amp;#x2F;finance?q=NASDAQ%3AAMZN&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;finance.google.com&amp;#x2F;finance?q=NASDAQ%3AAMZN&lt;/a&gt;&lt;p&gt;Serious question: Considering that it nearly doubled over the past year, is it already too late to buy Amazon stock? Or not? What&amp;#x27;s the upside?</text></item></parent_chain><comment><author>IkmoIkmo</author><text>Asking whether it&amp;#x27;s too late to buy I think makes no sense... if it were, immediately market forces would drive up the price. If it were too soon, immediately market forces would sell.&lt;p&gt;You can ask anyone, any individual, of course and they&amp;#x27;ll have a particular answer which will differ. But I wouldn&amp;#x27;t be quick to trust a particular answer over the answer of the market (which IS the stock price), unless the particular answer is from a particular person, like a buffett, a domain expert or an alien from the future or someone with insider knowledge.&lt;p&gt;At least, that&amp;#x27;s the theory haha. I know it&amp;#x27;s a shitty answer.</text></comment>
<story><title>Jeff Bezos&apos;s Net Worth Just Broke $100B</title><url>https://www.bloomberg.com/news/articles/2017-11-24/jeff-bezos-fortune-hits-100-billion-on-black-friday-stock-surge</url></story><parent_chain><item><author>justboxing</author><text>AMZN, the stock, is trading at a P.E. Ratio of nearly 300. &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;finance.google.com&amp;#x2F;finance?q=NASDAQ%3AAMZN&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;finance.google.com&amp;#x2F;finance?q=NASDAQ%3AAMZN&lt;/a&gt;&lt;p&gt;Serious question: Considering that it nearly doubled over the past year, is it already too late to buy Amazon stock? Or not? What&amp;#x27;s the upside?</text></item></parent_chain><comment><author>libertyEQ</author><text>While AMZN might grow into their valuation eventually, there are many other equities that are seemingly undervalued given their current fundamentals. I wouldn&amp;#x27;t try to short AMZN, but I would look elsewhere for investment opportunities; and, while trite, the advice to invest using ETFs that spread your risk is probably a better strategy.</text></comment>