Some stocks just don’t work with traditional valuation methods. Even using basic metrics like Price to Earnings (P/E) ratios can be impacted by how certain companies spend and do their accounting. In this video we talk about a stock that I just added to my portfolio that I think is quite a bit cheaper than it looks on the surface - Amazon (AMZN)
00:00 I just bought Amazon at a 80 P/E
02:36 Understanding Amazon’s business
06:52 What are some risks to their business?
10:35 How to value Amazon
13:37 Overall thoughts
