Amazon.com, Inc.

AMZN position long Eagle Capital Management

Thesis

Amazon was perceived as the most expensive stock in the portfolio, but it was actually the cheapest due to market mispricing of its margins. This highlights the potential for value in what may seem like a growth stock.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. The argument regarding Amazon's mispricing and margins remains valid, but without concrete evidence of price movement or market reaction, the outcome is uncertain.

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