3-Bullet Sunday (Amazon began buying back shares!)
Amazon has a track record of making 100% in 12-months with its buyback program
Amazon hasn't repurchased shares in over a decade.
In Jan 2022, they've finally made a move.
From their 10-K: "During the period from Jan 1, 22 through Feb 2, 22, we repurchased 0.5 million shares of our common stock for $1.3 billion."
Their batting average:
100% in 12 months.
I will be covering Amazon for my upcoming research report.
Join now to be the first to receive it 👇
I. Value Investor’s Guide to Web3
I have been spending quite a lot of time reading up on Web3 materials.
Even though I haven’t started investing in crypto, NFTs or anything like that, it is important to understand the technology and potentially what business it could disrupt.
I’ve found Kai Wu’s report to be very helpful!
Read Here ➔ Value Investor’s Guide to Web3
II. Tsai Capital Annual Letter
It’s the season of fund managers publishing their letters.
I’ve enjoyed reading all of them.
This week Tsai Capital’s letter taught me the most!
On thinking about disruption, volatility and investing in compounders.
Read Here âž” Tsai Capital Annual Investor Letter 2021
III. Optimizing Your Work Desk
For all my fellow productivity junkies out there:
There's a 1 hr 41min video that explains the science (and more tips) here:
If you have other tips on getting into the zone and being productive, I would love to hear it!
That’s it from me this week.
If you found this helpful, share it with your friends!
Cheers,
Thomas Chua