For myself and I know for others, Amazon is my largest position in a single stock
I've heard about the collapse of Bear Stearns and Lehman Brothers in 2006
I read that the stock price of Bear Stearns dropping from $130 per share to $3.30 – https://www.marketwatch.com/story/jp-morgan-to-buy-bear-stearns-for-2-a-share
What's the likelihood of this happening to a company like Amazon? Or has Amazon has gotten too big to fail with how many businesses it entails of(retail, AWS, different acquisitions it makes)? So the company itself is very diversified.
Leave a Reply