Author Bio
I love looking at the story behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names.
With the economy starting to reopen, the stock of e-commerce giant
Amazon.com (NASDAQ:AMZN) is, dare I say, hated by investors.
While many think of Amazon as a huge pandemic winner, the stock is down below the levels first set last August nearly 10 months ago. And that s in spite of blockbuster earnings results in April. Clearly, investors are wary about Amazon s potential performance as people leave their homes.
Yet one of the most famous value investors in the world one who has been dead right on Amazon stock over the past decade just reloaded his long-term Amazon bet. Not only that, but he even leveraged that bet with call options.
This World-Famous Value Investor Just Bet Big on Amazon fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
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