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    Amazon's $1trn valuation is no surprise to some fund managers

    Jonathan Shapiro
    Jonathan ShapiroSenior reporter
    Updated

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    Scott Berg, the portfolio manager at US mutual fund giant T Rowe Price, remembers the exact day his Amazon investment thesis came together.

    It was December 19, 2014, and he and his team flew from Baltimore to Seattle for their annual meeting with Jeff Bezos.

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