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$Amzn #logicalfallacies 1. One hears statments like this all the time - $10,000 invested at Amazon IPO would be $9.5 million today. Awesome right ? This is basically promoting the buy and hold strategy. I am a strong proponent of it BUT.... 
$Amzn #logicalfallacies 2. This is all hindsight bias. Are graphs of companies that were market darling but going to zero ever discussed? Here is one 40 yr chart. $5 in 1980, $ 2 today. Make a guess.
$Amzn #logicalfallacies 3. Let us focus on Amazon and talk about ONE person who knows the company the best. @JeffBezos Does anyone know his net worth today ? $1832 * 78,893,033 shares (16.3% ownership) = $144.5 Billion. Impressive right ? NOT REALLY !!! You ask me why?
