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Warren Buffett dumps $1.7B of Amazon stock

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Re: Warren Buffett dumps $1.7B of Amazon stock

#181
post #123
post #76

Earlier quoted context omitted.

I still like to buy my cheap and esoteric Chinese stuff from Amazon. It's a good balance of not-too-slow-delivery and not-too-expensive for very specific stuff. And it's easy to return if it doesn't work. Example last purchase: An optical SPDIF/TOSLINK to 3.5 mm DAC box (5V/USB-powered) to put behind the TV with a broken/very low quality audio output. It was about $15 including 25% VAT. Probably like $5 on Aliexpress…

In Europe, most of Aliexpress delivery is 10 days (except during Chinese New Year).

It's a bit longer in Canada (probably 3-4 weeks is what I usually see), but interestingly sometimes they're faster than Amazon-shipped stuff despite the former shipping from China.

Re: Warren Buffett dumps $1.7B of Amazon stock

#182

Here is a Berkshire Hathaway portfolio tracker if anyone is interested: https://www.quiverquant.com/institutions/BERKSHIRE%20HATHAWA... Berkshire also sold around $2.8B of Apple stock, although that was a much smaller move as a percentage of their position.

So 60% of this portfolio is in just 4 stocks? Apple, American Express, BofA, and Chevron. Didn't expect that.

Core America. World banking, world payments, oil/gas and tech. Maybe Apple's one is a bit too ambitious and the oil/gas tech makes sense only for now as there doesn't seem to be anything that reliable in the renewables space in terms of stock.

Re: Warren Buffett dumps $1.7B of Amazon stock

#183

Earlier quoted context omitted.

> 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. Apple's HomePods have never had ads and don't require a subscription/data collection to control home devices.

But you have to interface with the software delight known as Siri

True! I'm one of the lucky ones that Siri just understands every time, so I have no complaints. My wife's Siri usage is hit or miss though.

Re: Warren Buffett dumps $1.7B of Amazon stock

#185
post #93

Earlier quoted context omitted.

> Its PPC ad platform is completely predatory, loaded with dark patterns and hidden defaults that add billions to top-line revenue while strip-mining the accounts of sellers who often have no choice but to participate in the auctions. At least they mark ads as 'sponsored', even though it isn't super prominent. I always scroll until I see organic results, myself.

They mark some of them. Not all of them. Last article I read said 80% of placements on the search results page are paid ads. And they only mark like 4-5 of them as "sponsored"

That's ... not great.

Thanks for the heads up.

Re: Warren Buffett dumps $1.7B of Amazon stock

#187
post #176

Berkshire Hathaway has my favorite website (or, WEB page, as they style it) of any big company: https://www.berkshirehathaway.com/

99/100 Lighthouse performance score. Good reminder that every web page starts off fast by default and is only made slow by designers and frameworks.

Correction designers and frameworks don’t build websites the engineers do

Re: Warren Buffett dumps $1.7B of Amazon stock

#189

Earlier quoted context omitted.

Why? This doesn’t give the vibes of an amateur personal site - it’s a timeless business site.

Not sure I agree with "timeless." This site is like opening a time capsule.

Timeless functionality - definitely not design! :]

Re: Warren Buffett dumps $1.7B of Amazon stock

#190
post #158

Earlier quoted context omitted.

> 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.

Yeah, making food is the most essential skill a human can have.
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