My first purchase -- 200 shares -- was $1,100 total.
Today, those shares are worth $27,000!
But here's why I'm *NOT* adding any right now:
First, I evaluate the company on my Antifragile Framework.
Amazon's score of 11.5 makes it a high quality holding.
How did it get there?
My framework:
1️⃣ Barbell technique (mission statement, moat, optionality) - (1) to 10 points
2️⃣ Financial Fortitude (Net Cash & FCF, Single point of failure) - (4) to 1 point
3️⃣ Skin in the game (role of founder, Glassdoor, ownership) - (2) to 3 points
4️⃣ Valuation - (1.5) to 1.5