It Doesn't Matter Until It Matters
The Compound and Friends
Josh Brown
4.7 • 2.2K Ratings
🗓️ 4 February 2022
⏱️ 84 minutes
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| 0:00.0 | I mean the stock's been taught 30 plus percent AWS growth. They'll need I think with the retail |
| 0:04.4 | But get it the retail business the problem with the retail business is that |
| 0:08.7 | Everyone else is getting good at it |
| 0:10.5 | They're great, but every their competition is getting more intense |
| 0:15.4 | Yeah, I'm saying like Walmart and Target and you know Walmart |
| 0:19.7 | Chewy and even from pet care. Yeah Shopify just they're great Amazon, but they're competitions |
| 0:25.6 | Holy fucking shit. Really good guys. Yeah, yeah, absolutely. So |
| 0:31.2 | Amazon has underperformed the S&P over the last three years |
| 0:35.5 | Yeah, I knew it's been going sideways for a long time |
| 0:39.6 | I think it's the retail business. It's a low margin |
| 0:45.6 | And now they're experiencing labor cost issues and |
| 0:48.8 | Shipping the stocks down to seven percent going into earnings. I mean, it's |
| 0:52.1 | Expectation to low, but so I wouldn't be surprised if it had a bounce |
| 0:57.1 | I wouldn't be it's gonna open down 14% |
| 1:01.4 | I mean |
| 1:02.8 | Holy smokes. Yeah, holy smokes wait what happened just said yeah, I'm just like holy smokes. It's down so much already |
| 1:10.9 | I know it's down right seven percent the setup is good. Why do we think why do we think there's so much more room to fall? |
| 1:16.9 | I agree |
| 1:17.8 | Also all these people selling what are they |
| 1:21.3 | Then what if you just blew out of Facebook, what are you doing with that money? You're you're |
| 1:26.0 | You'reatically your mandate is you're investing it in large cap world stock. Yeah for the for those managers for sure |
| 1:31.4 | No, gotta get nothing got a cats |
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