(Bloomberg) Mark Yusko, founder of $2.5 billion Morgan Creek Capital Management, says he would short Amazon.com Inc. if the stock reaches $1,000 a share. “At $1,000, now we’re at the end game,” the hedge fund manager said in a Bloomberg Television interview on Tuesday. “Now I can see a path that Amazon looks like Cisco and Microsoft did in 2000. And it can be dead money for a decade.” Yusko isn’t calling fast-growing Amazon “a bad company,” he said. “It doesn’t mean they’re not going to dominate retail. It’s just the stock price is too high.”
This Hedge Fund Manager Says He’d Short Amazon at $1,000 a Share
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