American Heritage® Dictionary of the English Language, Fourth Edition
- n. The highest U.S. military decoration, awarded in the name of Congress to members of the armed forces for gallantry and bravery beyond the call of duty in action against an enemy.
“Mr. Bezos represents the new relativity, in which numbers apparently mean nothing, to judge by AMZN's market value relative to its "fundamentals," whereas Einstein formulated the old (premillennial) curved math, in which the numbers meant everything when it came to describing the immutable facts of the universe.”
“At this price, we believe this product could create yet another sales headwind for BBY over the coming year as a result of AMZN's self-distribution model,”
“We believe this group tends to put a floor under AMZN's valuation, which has historically been around 1.3x EV/revenue.”
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