I noticed that your allocation to Amazon over the past year went from 0% to your biggest position. I think it's one of those stocks that offers attractive risk reward with very low downside over time. The only reason people are really going to Amazon is to search for something that they want to buy. And so if you can get your product in front of a customer, the conversion rate is higher perhaps than you might find for the same type of product on Facebook or Google.
IN THIS EPISODE, YOU’LL LEARN:
06:57 - How retail investors can have an edge over other investors in the market.
10:08 - How watching sports has helped John become a better investor.
16:04 - What to look for in a company to determine if it has a strong moat and competitive advantage.
32:11 - The three factors that go into a stocks overall investment return.
46:50 - John’s thoughts on portfolio allocation and selling winners.
46:50 - What led John to recently make Amazon his biggest position in his portfolio.
56:05 - Whether John considers the company’s impact on society when forming his investment thesis.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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