In the beginning, many people on Wall Street did

In the beginning, many people on Wall Street did not approve of Bezos’ cash flow valuation logic, but in the end, investors have no choice, especially when the business is not large enough, if you think Amazon’s valuation High and irregular fluctuations, and if you give up investing in Amazon, you may miss the company with the largest increase in US history. Buffett was once a typical representative of many investors who did not approve of his investment logic. Later, Buffett grew up thinking that the biggest mistake in the past 20 years was to miss a company like Amazon.

So for entrepreneurs, if the capital market does not agree with your growth logic, and you think you have a clear understanding of the nature of the business, it doesn’t matter. If you show it to the capital market, the market will eventually prove you are right.

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In the beginning, many people on Wall Street did

In the beginning, many people on Wall Street did相关推荐

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