### Comment:
When you say black swan risk, how much risk are we talking about? 1% or 10% or 50%? 
  
 If that risk doesn't happen, how much will AMZN grow due to 'unfairness'? 1% or 10% or 50%?

### REPLY:
A 50% drop would put it nicely in line with its peers PE evaluations ...

### END.