This Hedge Fund Manager Says He'd Short Amazon at $1,000 a Share
Morgan Creek CEO Says He'd Short Amazon at $1,000
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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.”