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AMZN is one of the most interesting stocks & Companies. Its a new age Warren Buffett-esque value company. He probably doesn't invest in it due to the tech compl
by wand3r 9y ago
AMZN is one of the most interesting stocks & Companies. Its a new age Warren Buffett-esque value company. He probably doesn't invest in it due to the tech complexity, but it is the type of Company he looks at, just a the 21st century version.
- strong fundamental business
- diversified
- delivers core services
- ubiquitous
- ingrained in everyday life
He owns walmart shares (or did) and Amazon is that for 21st century plus more. It's a logistics play. Tech infrastructure and AWS, market, entertainment & media, real goods, food, search, hardware etc. It's a solid company. It's a ruthless monopoly and I don't love the ramifications, but it ain't goin anywhere.