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by postitnotecode
4621 days ago
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While this analysis, and the many others moving their way up HNews make sense, I can't help but wonder if Amazon has started to back itself into a corner. If I as an investor find value because I think they'll keep plowing money back in future R&D, what should I think whenever they do start transitioning to booking profit? Wouldn't I then be worried that taking the profit is a sign that Amazon no longer has grandiose plans or visions for the future and instead is starting a (very) long coast towards decline? |
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