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Warren Buffett dumps $1.7B of Amazon stock
151–160 of 190 posts
Re: Warren Buffett dumps $1.7B of Amazon stock
#152Maybe 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 went all in robotics they have their ai training chips, they build their own satellite starlinks and run the one if the 3 clouds.
Re: Warren Buffett dumps $1.7B of Amazon stock
#153Re: Warren Buffett dumps $1.7B of Amazon stock
#154Earlier quoted context omitted.
Yup, they are called Chinese-all-caps. Or that’s at least how I call them. Get bad reviews? Generate a new CAC name and start over. Rinse and repeat. Same product made by one factory in China sold by 100s of CAC Amazon entities.
The complete failure of the brand initiative cannot be overstated.
Yeah, that is baffling to me, the complete not giving a shit attitude. I couldn't do that, I'd start marketing and nurturing my MGKGUPXYZ brand and try to make customers happy. Which is probably why I'd fail in that marketplace right away.
Re: Warren Buffett dumps $1.7B of Amazon stock
#155Maybe 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 peak number of orders p.a was in 2023: 215 orders In 2025 it was 27 orders I expect it to be even lower this year. I didn't even buy my eero router upgrade from Amazon. I largely attribute this to poor quality products, horrible search interface, trying to sort through the dropship spam, and prices no longer being as competitive. Amazon used to have decent-quality "amazon native" brands like Anker, Eufy, Eero etc.…
I never thought I would say this, but Walmart is worlds better than Amazon for buying regular stuff. Their logistics are better, you have to wade through a lot less no-name trash to find the thing you wanted, and their Prime-like membership works across shopping and grocery. Also, it’s cheaper.
Re: Warren Buffett dumps $1.7B of Amazon stock
#156Maybe 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 a marketplace for cheap sometimes harmful chinese knockoffs. Amazon doesn't even check what is being sold. I only order directly from places I trust. http://nbcnews.com/business/recall/cheap-chinese-faucets-dan...
I want to know how you can be a trillion dollar tech company with unlimited access to all the best minds and AI tools and whatever… and still have a busted-ass mobile app fronting their store. For YEARS.
Re: Warren Buffett dumps $1.7B of Amazon stock
#157Earlier quoted context omitted.
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
Matter/Thread is reasonably good with Apple Home. The more adventurous can also dual-join it to Home Assistant running on the same Thread network. It surprisingly just works, though the dual-controller setup still involves a little initial suffering.
I am using Matter/Thread with Home Assistant and the new ZBT-2. No Apple Home integration! Although I will say that homekit with the Home Assistant bridge is very good! Kudos to Apple
Re: Warren Buffett dumps $1.7B of Amazon stock
#158Earlier quoted context omitted.
Yeah this is something really beautiful about India: life is cheap and there are tons of desperate people who will kill themselves for you. In the Netherlands you'll be waiting an hour for your meal to be delivered by a bored teenager on an ebike. And you're going to be grateful.
> In the Netherlands you'll be waiting an hour for your meal to be delivered by a bored teenager on an ebike It takes less than an hour to make a dinner oneself
Yeah, but then you have to make dinner. Delivery is asynchronous.
Re: Warren Buffett dumps $1.7B of Amazon stock
#159Berkshire 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?
I think in Berkshire case they do, as they are swimming in cash and notoriously don't sell unless their business outlook changes dramatically. In any case, I would not take what Berkshire does with much weight. As Buffett himself said, if you took out their 5/6 best performing investments out of their equation they would be matching the sp500, and if you took out 20, they would be trailing it. They know that their ov…
That's typical in the stock market, though. You're not going to have a 50% edge. You're going to have a 1-2% edge if you're the absolute best, and you're going to milk that for all it's worth.
Re: Warren Buffett dumps $1.7B of Amazon stock
#160The purchasing experience when you buy direct from companies now is usually much easier than it was years ago. A lot of people instinctively turn to Amazon because its one click and stuff is on its way, but with the new payment integrations even small companies have a pretty close to 1 click experience as well. So when I think of buying something on Amazon I always check the actual brands website first now, because I…
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