She bought Amazon into 5 of the 6 ETF's Ark manages. Given the poor track record of her stock picking skills, is Amazon doomed to fail?
Amazon has pretty poor track record recently. If you bought AMZN stock 4 years ago, and held it today, your investment would be in the negative. Had you invested in PM, a tobacco company, you would be up roughly 60%, after adjusting for inflation, and assuming you reinvested the dividends.
Can Amazon survive the oncoming regulation hurdles, for example Google is now considered a monopoly? Approximately 70% of tech stocks suffer from a permanent 70% decline and never recovered. What are your thoughts. Can Amazon outperform the index going forward?
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