Wednesday, September 18, 2024

Amazon And Shopify Enhance The Expansion Of Their Partnership -- Reflections On The Magnificent Seven -- September 18, 2024

Locator: 48313MAG7. 

Not on my bingo card today! AAPL. On relatively "bad news" for AAPL it's having quite a day:

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Magnificent 7

New tag: Magnificent 7.

Enhancing the partnership: Amazon and Shopify.

This is so unlike any other sector in which to invest:

  • relative monopolies
    • unique strengths
  • the average investor can actually "keep track" of a handful of companies
  • behemoths 
  • market values are incredible
  • cash hordes for some are also incredible
  • margins, amazing
  • partnerships
  • a different kind of competition, because they each depend on the other in some way, shape or form
  • with some exceptions, their only raw material -- silica and brain power

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Ticker BRK

Flat.

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Flashback

Copy of Arianna's financial newsletter, April, 2005. 

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