Tag AMZN

Weitz Investment Management, an investment management firm, released its “Partners III Opportunity Fund” fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund’s Institutional Class returned +5.45% compared to a +7.18% return for the Russell 3000 Index. For the full year, the fund returned -22.46% compared to […]...

There’s something in the air in Austin, Texas, and it’s not the sound of fans cheering on the Longhorns, the twang of a country guitar, or the smell of Texas BBQ. It’s South by Southwest, an annual celebration that’s billed as both a conference and a festival, or somewhere in the middle, but as organizers and veterans will tell you, ‘you just have to be there.’ It’s a mashup of film, music, tech, and culture. A place where you can watch Ironman lecture a crowd on cyber-security, receive healthcare advice from the Jonas Brothers, and watch a movie premiere in virtual reality, all in one afternoon. But why is this happening? And who’s going? Well, everyone- fans, entrepreneurs, thrill seekers, investors, and they’re all going for the same reason- they’re looking for the next big thing. For the first time in a long time, the tech sector is experiencing a transformation. You’ve read about it in the news, heard about it in the break room, and you’ve seen it with your own eyes on social media. I’m talking about AI and what some are calling “deep tech” – those scientific advancements which include innovations in areas like virtual reality and robotics. Between star studded conversations and out-of-this-world exhibits, SXSW will give us a sneak peak into the future and how these new technologies will change our economy and our world, from the way we work, to the way we play. We’ll be speaking to the top thinkers and up and coming entrepreneurs about what all of this means for both businesses and consumers, because we’re on the edge of a brand new era in modern technology, and SXSW is the main stage. Over the past few years, there’s been a shift in how we think about the tech industry and the emergence of a new capital city for American business. Tesla (TSLA), Apple (AAPL), Google (GOOGL), Oracle (ORCL)— why are the world’s most valuable companies all moving to Austin, Texas? Could it be the weather? The taxes? The food? Or maybe it’s the vibe? The answer lies at South by Southwest: Austin’s coming out party, at the conference and the festival, or somewhere in the middle...

The thought of doubling your money in the stock market sounds good, doesn't it? Achieving this goal isn't all that hard if you can hold onto your investments for a long enough period of time. Even at a relatively low annualized growth rate of 4%, an investment would increase by 100% in value in around 18 years...

Amazon (NASDAQ: AMZN), Disney (NYSE: DIS), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) each have substantial market shares in industries that are on the rise. Since then, its market cap grew to $959.1 billion, making it the fifth-largest public company in the world. Its success primarily came from its leading 37.8% market share in e-commerce, with the company a major reason why online retail skyrocketed over the last decade...

Amazon has consistently gone against the grain in its methods to win customers. Click here to read my analysis of AMZN stock...

The 95th Oscars are set to be held this Sunday, March 12, 2023 at the Dolby Theater in Hollywood, CA.  While streamers such as Netflix, Apple, and Amazon have garnered 19 nominations this year (down from 37 in 2022), traditional Hollywood studios have reclaimed center stage for Hollywood’s biggest night. Here's how we got here and why the decline in streaming nominations may not seem so dire as it looks...

Chairman Powell: Be careful what you wish for because you might wind up getting it. Updated budget and economic projections...

It is no secret that Jeff Bezos found Costco's business model very inspiring to build Amazon. See why I increased my position in AMZN and COST stock...