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Gavin Pearson's avatar

what an awesome read - thanks for this but it's also so frustrating to realise how cheap this stock was for such a long time before it really took off. Hindsight ... ugh!

Finn from Antares's avatar

Thank you for the kind feedback. And you’re right. Same thing with Microsoft lately and Alphabet last year, but I was able to pick up Alphabet for a reasonable price and sell them with a good return!

Gavin Pearson's avatar

pleased to hear it!

Asymmetric Radar's avatar

Great read Finn! Amazon is built different, I think it´s one of a kind!

Finn from Antares's avatar

Thank you, mate! They’re truly special. Their performance and expansion over the years speak for themselves. They have the right DNA and a great instinct for value-creating capital allocation.

Asymmetric Radar's avatar

The only thing, as a growth investor (used to have AMZN) is if it´s already priced in. Maybe that´s the reason i sold. However, I don´t know if there is a more solid company among the mag 7. It´s always a "must have"!!!

Finn from Antares's avatar

Yes, but I feel like Amazon is rarely extremely overvalued. Its valuation almost always seems reasonable to me. Maybe the FCF margin and high investments are a reason for that and create a kind of uncertainty.

Asymmetric Radar's avatar

Oh yes, I love their numbers!