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>> JEFF BEZOS Latest News

OCT 25, 2013 - TheStreet

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Amazon Stock Is Worth Every Penny

New York (TheStreet) -- Amazon is bigger than the Federal Reserve, and about as controversial.Once the Fed began its aggressive bond-buying program, or "QE," many investors starting fearing an equity "bubble" and insisted it was going to pop at any moment. Investors who initiated a short position in the S&P 500 at the start of the year have lost 23% in 2013 so far. Over the past three years the index has risen 48% and over the past five years it's up 86%. Moral: Don't fight the Fed. Same with Amazon CEO Jeff Bezos. Yes, there are scary things about the company. It produces no ... Read More

Tags: Amazon Stock Is Worth Every Penny,  Jeff Bezos Latest News