Yeah i agree but overpaying is relative to what the price might be. If it is going to grow exponentially over the next decade i think the price is cheap now.
Hope...WHAT?!? Here's what holding AMZN did for you over ten years. Do the math, seems pretty clear to me.
AMZN has lost billions of AWS profits trying to get Groceries right - much to WMT's delight. As long as they have AWS ...... there is hope.
Oh i completely agree thats the issue no one knows what will happen why its key to have a small percentage of your portfolio being used and being diversified. There would have to be something catastrophic for Amazon to fall off a cliff as well though
I remember when AAPL was $90-$100 pre-split and the gang on here were talking about $20-40 a share. Oppps. Bears missed that one badly.