Total Assets
AMZN Commentator100-Day Reading Sharing Plan – Day 57
$Novo Nordisk AS(NVO.US) didn't average down, still down 7 points, $Amazon(AMZN.US) averaged down a bit on the stock and calls, down 7.5 points, $Cleveland Cliffs(CLF.US) earnings report is coming out soon. Please don't bomb me again, thanks.
"A Random Walk Down Wall Street"
1. Financial markets have a genius for creating products to meet demand. The product all investors crave is expected growth in earnings per share.
2. Most bubbles are associated with either a new technology (like the electronics craze) or a new business opportunity (like the profitable new trade opportunities that led to the South Sea Bubble).
3. This technological and commercial prospect has triggered the largest wealth creation in history, as well as the largest wealth destruction.
4. Investors were willing to throw money into companies that couldn't even pass due diligence five years ago.
5. Securities analysts were the public cheerleaders for this internet boom.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
