Alan Young

Why I'm Still Rooting for Amazon, Netflix and Google

I especially like Google, because while people may be learning to live with less "stuff" and different kinds of entertainment, the need for information, and easy access to information, keeps increasing.

Google has been disruptive another way, too: their corporate culture. Paying employees to spend a portion of their time "goofing off" in the hope that something creative will come of it, for example.

The Amazon Tax on e-Commerce: Coming Soon to a State Near You

Good for Main Street a couple of ways.
Not only is the revenue sorely needed by states, but it will "level the playing field" so brick-and-mortar retailers are not so disadvantaged. Amazon can afford whatever slowdown this entails for them; the equalization will help keep local businesses alive.

Why Amazon Is Overvalued

A refreshingly level-headed approach to valuation. I'd agree that the stock is overpriced--perhaps not quite as much as you indicate, because it seems much less risky than other stocks with P/E 10.

However, although your analysis is valid, your investment tactics might not be, because you are assuming that the market will price the stock rationally. "Markets can stay irrational longer than most people can stay solvent." This short could produce a lot of pain.

Amazon: Guidance Miracle Is Not in the Cards

I'm glad I didn't read this before the earnings came out. I"m happily shorting at 59-- let's see how long a P/E of 40 lasts in this market.