My 1 Share of Amazon... Why I Will NEVER Sell It
So I own exactly 1 share of Amazon (AMZN).
And I’m never going to sell it.
Is it a risky stock?
Yes.
Is it expensive.
Yes.
But here’s the reality: Amazon is taking a GIGANTIC amount of retail market share through the supply chain crisis.
People don’t understand this… but I do.
Because I moved into a sexy new apartment.
And let me tell you… Amazon is pretty much the only place where you can get EVERYTHING in stock right now.
I mean furniture, electronics, kitchen junk, everything.
Amazon can bully around suppliers like no one else.
PLUS… AWS (Amazon Web Services) is amazingly powerful and will make them tons of money.
Why?
Because AWS is a roach motel.
Once you get in… you can’t get out.
It’s so freaking complicated that it is REALLY hard for customers to leave.
That’s why AWS is growing so fast.
So I have my one share… and you’ll have to pry it from my cold dead hands.