Bloomberg: October 3, 2017

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."

October 3, 2017 close: $957.10. January 19, 2018 close: $1,294.58

“There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.” John Kenneth Galbraith-Economist (1908-2006)