Part 4/10:
Following Google, the investor examined Amazon, a company that Sai Capital has been invested in since 2017. The firm stressed Amazon's dominant position in e-commerce and its leading role in cloud services through Amazon Web Services (AWS), which contributes significantly to its operating profits.
One critical aspect that the investor highlighted was the oversight regarding Amazon Prime Video. While not mentioned in the hedge fund's letter, the investor stressed its importance, positing that it drives a significant number of new Amazon Prime memberships. The integration of streaming services alongside its core retail offerings enhances Amazon's ecosystem, which often goes unnoticed in analyses.