MacKenzie Scott and Jeff Besos (to a lesser degree) have been selling off their stock to raise funds for other uses. When they are done, I suspect the stock will make even greater moves. Even though I'd like to take some profits, I'm HODL of my meager holdings.
*Investors Blog*
- Thread starter Warstud
- Start date
You must be up 30X. Awesome!!
I took the opportunity to btd on tuesday 6 months ago and am not complaining. I think AMZN and GOOG will win the AI game. There may be others but they seem to be best positioned currently.
At the time that my wife suggested we buy Amazon, I was a bit skeptical, and asked why we would want some Internet book seller!
I accepted her argument for the buy, and we used 5% of the existing portfolio. It was $256/share, before the 20:1 split.
I still have a rule that I don’t like to have more than 5% of the portfolio in any particular stock, but I sure wish I’d been willing to bend the rule in the case of Amazon.
Where we are now is largely due to her awareness of markets. She is a retired intelligence officer, and it is simply part of her nature to wake up every morning and find out what is going on in the world. That kind of awareness has made for some really great insights, and some really great picks in stocks.
That said, we are a long-term investors. We don’t trade very often.
But when people ask how we invest, How we choose what to buy, I simply say, “ask her, she is the brains of the operation”.
Smart men listen to their wives - so well done!
Exactly. Anyone failing to adapt to the ever changing workplace, its on them.
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Or day trade grin
In a different conversation, in a different context, a financial advisor told me that picking stocks often generated lower returns than simply investing in index funds.
This is true, statistically. I can’t argue with the data.
But I pointed out to this person that our relationship was more important than total return. That the real point of our stockpicking endeavors was to give us something that we did together, and in which she had control.
Now, as it turns out, statistics, which apply to groups and not individuals, were underestimating my wife’s stockpicking ability. We have outperformed the S&P in that account, which is a true win-win.
That said, about half of our total holdings are large stock index funds, which I continue to recommend, because the data are compelling, and this particular account represents just under half of the total portfolio.
But this account in which we buy and sell has been a cornerstone of our financial house, and defined our financial journey.
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Smart men don't need wives
I've been investing for 40 years and despite having some very successful stocks I've had plenty of duffers too. In spite of weeding out the duffers as I go along my long term return on stocks is lower than my return on index funds. I'm probably not near ruthless enough and it's too late now to change. At 71 I'm gradually moving into money market funds.
‘It’s culture’: Amazon CEO says massive corporate layoffs were about agility — not AI or cost-cutting
https://www.geekwire.com/2025/its-c...fs-were-about-agility-not-ai-or-cost-cutting/————————————————-
I’ve said this in the past and I’ll say it again.
Amazon bought way too many companies / had too many subsidiaries and that created tons of bloat, layers and layers of unnecessary management, overlapping employee roles, tons overhead, WFH employees doing nothing and making great money, hiring high paid talent to prevent them from working for another big tech company, etc…
I think Amazon will start trying to sell some of the companies / subsidiaries that they’ve lost focus on.
Bigger not necessarily better.
That's why I have one. But you already knew that...
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We can't all be AutoMechanic
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Bad trading habit
I can’t stand partial trades especially when buying. It's easy to fix but Robinhood used to have a check box not to accept them..
No more.
My bad habit is I cancel the rest of the order if it executes too slowly and once up enough I dump them for any profit i get and readjust.
Just a habit and usually it no longer happens too often. This dump off from yesterday.
What's your bad trading habit????
I can’t stand partial trades especially when buying. It's easy to fix but Robinhood used to have a check box not to accept them..
No more.
My bad habit is I cancel the rest of the order if it executes too slowly and once up enough I dump them for any profit i get and readjust.
Just a habit and usually it no longer happens too often. This dump off from yesterday.
What's your bad trading habit????
Turn your sound off large man.
We are desperately trying to reach you about your
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That was about it but half what it should be...
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I played a garbage stock game in October as all of my favorites were too high. And I played low $ investing from $5k to $35k and really only traded half the month because of other issues..
Right now I think I'll do the same for November. A low anxiety game is good
My haul was really good too.
Right now I think I'll do the same for November. A low anxiety game is good
My haul was really good too.
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I'm about ready to turn you off
