Technology Guru Peter Thiel Discusses David Einhorn's Short of Amazon

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Nov 05, 2014

Over the long term, Peter Thiel would not bet against Jeff Bezos and Amazon.com. David Einhorn (Trades, Portfolio) disagrees as he is shorting the still profit-less Amazon.

Thiel thinks it is a good long term strategy to invest for the future, and long term cash flows should be the focus, not current cash flows.Â