Berkshire Hathaway, not Warren Buffett.
Large stock sales always make headlines but they don't automatically signal bearishness or really anything else. After all what's the point of investing if you never realize gains?
Warren Buffett dumps $1.7B of Amazon stock
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Re: Warren Buffett dumps $1.7B of Amazon stock
#12After Amazon has been a great friend to the Trump administration, by partnering with Flock, by funding the Melania documentary to basically bribe Trump, etc - why should Americans or others trust them or give them business? Amazon isn’t that interesting anymore. You can buy most things directly from a trusted manufacturer or other websites. I don’t see them doing anything innovative at all. What’s the last useful thi…
> You can buy most things directly from a trusted manufacturer or other websites.
My experience over the last year has been the opposite. More and more of the specialized bits and pieces I need or want are only sold online via Amazon.
Extremely depressing.
Re: Warren Buffett dumps $1.7B of Amazon stock
#13Next time Amazon goes low I'm sure he'll buy it all back at a discount. With all his wealth he can get away with slow patient investing with swathes of cash.
Amazon just shed $450 billion in value. It's low right now.
Re: Warren Buffett dumps $1.7B of Amazon stock
#14After Amazon has been a great friend to the Trump administration, by partnering with Flock, by funding the Melania documentary to basically bribe Trump, etc - why should Americans or others trust them or give them business? Amazon isn’t that interesting anymore. You can buy most things directly from a trusted manufacturer or other websites. I don’t see them doing anything innovative at all. What’s the last useful thi…
“Why should Americans trust them”, I’d go further and say you shouldn’t trust any company.
Re: Warren Buffett dumps $1.7B of Amazon stock
#15Berkshire Hathaway has my favorite website (or, WEB page, as they style it) of any big company: https://www.berkshirehathaway.com/
Re: Warren Buffett dumps $1.7B of Amazon stock
#16After Amazon has been a great friend to the Trump administration, by partnering with Flock, by funding the Melania documentary to basically bribe Trump, etc - why should Americans or others trust them or give them business? Amazon isn’t that interesting anymore. You can buy most things directly from a trusted manufacturer or other websites. I don’t see them doing anything innovative at all. What’s the last useful thi…
You can count the number of times Jassy has lead amazon to an innovative new product during his tenure as CEO on zero hands.
Re: Warren Buffett dumps $1.7B of Amazon stock
#17Maybe the novelty of Amazon has worn off. I occasionally purchase from their UK site, and it’s filled with tricks to get me to sign up for Prime upon checkout. Really horrible workflow and design decisions, cheapening the experience. I now see similar changes to the US version: ‘you saved $15 in shipping by being a Prime member with this purchase’ and ‘last year you made 211 sustainable product purchases’. Guys, quit…
Amazon has become AliExpress at this point, so I just skip the middleman half the time
It's a shame that all these stores have such a terrible UI/UX.
Amazon is pretty good at optimizing buying things but outside of that everything else sucks really bad especially on mobile
Re: Warren Buffett dumps $1.7B of Amazon stock
#18Maybe the novelty of Amazon has worn off. I occasionally purchase from their UK site, and it’s filled with tricks to get me to sign up for Prime upon checkout. Really horrible workflow and design decisions, cheapening the experience. I now see similar changes to the US version: ‘you saved $15 in shipping by being a Prime member with this purchase’ and ‘last year you made 211 sustainable product purchases’. Guys, quit…
> My Echo, that I use solely to voice activating lights and switches, is now an ad machine I've been wondering if it is even possible for a publicly-traded company to deliver a voice assistant product without these incentives involved. I have to imagine the UX of these devices would be much different if they were built by a private company without the same market pressures. It would need to be self-contained and loca…
This is why devices that are basically loss leaders should always be illegal. The end value product is an update that will come later down the line that screws everything up.
For those considering smart home devices, please just buy a home assistant device. It is easy for the non-technical and also not that much more expensive
Re: Warren Buffett dumps $1.7B of Amazon stock
#19Berkshire Hathaway has my favorite website (or, WEB page, as they style it) of any big company: https://www.berkshirehathaway.com/
I wonder how much Geico payed for that add placement…
Re: Warren Buffett dumps $1.7B of Amazon stock
#20Warren Buffet retired. This is Berkshire Hathaway.