2/21/2024

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By  the way  Bezos sold 50 million shares of AMZN this month worth $85 B. Insiders are usually pretty shrewd.

Now MSFT AA{L ad AMZN three of the Magnificent Seven are in the DJIA. WAG has lost 80% of its value since 2014 while AMZN has risen 725%.

The index is chasing great performers, is this move too late to save the  index?

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Screenshot 2024-02-21 at 5.09.34 PM

Now the add  AMZN when it is the most expensive it ahas ever been. In retrospect this should have been done i n  2018 when  Wagreens WBA was falling and AMZN was rising.

 

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