Everywhere really, I saw the Amazon piece posted on /r/SecurityAnalysis which I would say is one of the better investing subs. That’s not a great accolade but the level of discourse is better and you don’t have to sift through quite as much rubbish as the others.
Anywhere where people are posting thoughtful DCF models is great because they have to lay out all of their assumptions and you can clearly see which of those assumptions are driving value. Which opens up avenues for the reader(s) to further research and adjust those assumptions.
For example if you wanted more confidence in the assumptions around AWS growth you could start looking at competitors expectations and other 3rd party analysis about the total addressable market.
Innovation has been overdue in this sector. And customers are kings at amazon while all traditional retailers treat you terribly. I definitely welcome it with the normal big tech/monopoly reservations…
I wonder what Amazon want to do with their cashierless stores, are they going to sell that tech to supermarkets, or run them themselves? I doubt it’s the latter.
I think the saving on labor by removing cashiers is minimal, you still need security and shelf stackers. It’ll take a long time to pay back the initial set up cost. So it’s really about the convenience of not having to queue, maybe that inventiveness people to shop more and have bigger baskets?
You’d guess Amazon will open more stores in the UK. If they decide to fully commit to UK, perhaps they’ll look at buying a supermarket like Morrisons. UK supermarket/grocery is a very contested and lowish margin sector already, so it’s not simple to build out organically.
They’re definitely licensing the checkoutless Go tech to others - some retailers in US airports etc - but haven’t announced that many deals yet. Possibly sales are slow because supermarkets fear Amazon competing with them while also providing a layer of tech that hoovers up lots of actionable data. (If so, plenty of other checkoutless startups to go with.)
So I want to buy AMZN, but can’t avoid a full share right now. I know I can buy fractional shares but in the case there is a stock split, it would mean my position would be sold… is this correct or have I misunderstood?
I regularly joke with my friends about an AMZN monopoly, eg AHS (amazon health service), Amazon towns and cities. And I want of piece of that pie, its just the fear of a split that’s putting me off…