At times Jeff Bezos is viewed at from a peculiar light. How is it that Wall Street allows him the ability to operate an enormous enterprise and afford Amazon.com, Inc. (NASDAQ:AMZN) such a erogenous stock price multiple? The company has recently traded near 188 times earnings. Reading Joshua Cooper Ramo’s “The Seventh Sense Power, Fortune, and Survival in the Age of Networks,” the answer to the mystical question becomes clearer. Ramo: Society will have new rules In his book that could represent the next “Mega Trend,” Ramo takes a look at big societal momentum– the type of incremental movements that…
Amazon.com, Inc. (AMZN) – Why Does Jeff Bezos Gets Special Treatment?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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