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@Govro12 WinterGems Stocks's avatar

This is totally NOT true. Were do you live ? do you have boots on the ground (Canada). I will remove this particular comment unless you justify within the next hour. Have you read my post?Have you followed the warehouse closing in Canada?

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Mar 2, 2025
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@Govro12 WinterGems Stocks's avatar

I live 10km from the center of an urban area in a wealthy suburban area - of a 4 million people city . Amazon just screwed by closing all warehouses due to union fear. I used to get my shipment in 24 hours or less. I cannot be in a better delivery sweet spot Than that

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Mar 2, 2025
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@Govro12 WinterGems Stocks's avatar

If even a long time positively bias shareholder is angry about Amazon... imagine the rest of the locals.. People just switch off of Amazon here - They completely disappeared from the map IMO. I started to go back to RL stores like most of the population I think. This will all be positive for the local retailer IMO. Good riddance.

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Mar 2, 2025
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@Govro12 WinterGems Stocks's avatar

Thanks James ! The key reason I started this blog is to get these healthy exchange going! I dont care who is wrong or right I just want that from publishing these posts or via comments - clarity on a business will raise.

I really like the hyperscaler business. I was a heavy user of AWS at the time - I am a cloud engineer - I bought my first large stake in amazon (10%) in 2016 when AWS operating income was disclosed. At the time AWS represented 90% of operating income if I recall. Now it is roughly 50%. I think AWS is not as entranched as it were in 2016 due to AI for the reasons i mentioned in my post. Amazon at the beginning of the year represented 25% of my portfolio.

On advertising this is 90% related to ecommerce. I view this has a tax to 3rd party sellers on amazon. So if ecommerce fall in Canada ads will follow. Ads is also related to prime but prime us related to ecommerce

Kuiper is a me too initialtives ala starlink that will probably fail. Zoox i am not aware.

As a disclosure YTD a cut my position roughly by half. Amazon still represents 12%+ of portfolio. Not sure about the rest. This type of exchange are fruitful.

Thanks again James

@Govro12 WinterGems Stocks's avatar

I often leave ship early... I left couche tard monster apple a few years earlier than I should have when I felt there was no high growth in the tank.. but I am typically right. Since I left Apple growth is NULL but the stock still went up due to PE expansion, the same with monster, couche tard is running out of acquisition - 7 eleven will be very expansive if it happen.. I think Amazon is getting in that stage.. Growth will not be strong - margin expansion will stagnate.. I am happy to have sell shares at 235 earlier this year- will sell the rest at 210 tomorrow.