Our Amazon miniseries rolls on to part three, as Professor Aswath Damodaran joins Behind the Idea to explain why he went short Amazon in September, and what he's learned from covering the company. He approaches Amazon with the utmost of respect, but notes that all growth stories hit a limit at some point. We hit on the accounting, the ulcers that result from shorting Amazon, and how to find the best way to value a company.
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