You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

1 June 2017 (TheAge) – Amazon shares hit milestone

(1 June 2017, The Age, BusinessDay, p25, Nick Wingfield, New York Times)

Amazon $1,000‘SEATTLE — On Monday,’s share price briefly crossed the $1,000 mark for the first time in its 20-year history as a publicly traded company. Jeff Bezos, Amazon’s founder and chief executive, has been dismissive of the preoccupation with near-term stock price swings, often quoting the influential investor Benjamin Graham, who said the market is a voting machine in the short run and a weighing machine in the long run. Mr. Bezos has made it clear he wants Amazon to be weighed by investors, not subject to a near-term popularity contest.’



About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: