Amazon’s Prophet and Losses by DAVID STREITFELD


By DAVID STREITFELD

One of the oldest clichés about Wall Street is that the market can stay irrational longer than you can stay solvent. That is one way to sum up Paulo Santos’s experience with shorting Amazon’s stock.

Published: December 11, 2013 at 12:00AM

from NYT Technology http://bits.blogs.nytimes.com/2013/12/11/amazons-prophet-and-losses/
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