Their lead reminds me a bit of Netflix's lead on content. That first-mover advantage combined with incredibly savvy management and a little bit of luck...damn.
Agree with you Nick! Brad Stone's book makes it clear that Bezos spotted this opportunity early and gave the team (Jassy) a long leash to capitalize on it. Kudos to them for what they've accomplished over the past 15 years.
Amazon has been a difficult one for me over the past 5+ years; I'll need to write it up for the service to fully explain why. It has been added to the list 👍 Thanks for the question Nick!
Would absolutely love to hear your thoughts on both Activision/Blizzard and Dropbox, as two companies with really solid balance sheets that are trading at *potentially* reasonable prices.
Their lead reminds me a bit of Netflix's lead on content. That first-mover advantage combined with incredibly savvy management and a little bit of luck...damn.
Agree with you Nick! Brad Stone's book makes it clear that Bezos spotted this opportunity early and gave the team (Jassy) a long leash to capitalize on it. Kudos to them for what they've accomplished over the past 15 years.
Would you initiate a position if not for the current valuation?
Amazon has been a difficult one for me over the past 5+ years; I'll need to write it up for the service to fully explain why. It has been added to the list 👍 Thanks for the question Nick!
Looking forward to it! Let me know if you're taking other write-up requests :)
Appreciate all the hard work, man!
Thanks Nick, appreciate the kind words! And always open to new ideas 👍
Of course!
Would absolutely love to hear your thoughts on both Activision/Blizzard and Dropbox, as two companies with really solid balance sheets that are trading at *potentially* reasonable prices.
I'm starting to lick my chops on Amazon...