Lessons from Investment Gurus

The Most Important Thing

 Successful investing requires thoughtful attention to many separate aspects, all at the same time. 
Omit any one and the result is likely to be less than satisfactory.

The idea of the most important things—each is a brick in a solid wall, and none is dispensable. 

[2023 Group Prediction] Will more merchants choose Shop Pay (👍 Shopify) or Buy With Prime (👎 Amazon)?

Illegitimi non carborundum

Let's Geek Out 🤓

Shopify is on fire.  After a post-Covid slowdown bump, Shopify has rocketed back as ecommerce overall has continued to gain more and more market share.  Even at $8+ Billion in ARR, it grew 21% last quarter.  Even more importantly, it’s projecting faster growth going forward.  Growth in “the low-to-mid twenties”.  That’s incredibly impressive at Shopify’s scale, coming up on a $10 Billion run-rate.

Now it’s not all roses and daises.  Parts of ecommerce are growing more slowly, and others from Amazon to Amex have warned of slower growth in ecommerce.  But the growth is still real and a force of nature.  And Shopify has leaned in on larger merchants and business customers to fuel growth.

https://www.wsj.com/business/retail/shopify-tops-views-and-sees-growth-accelerating-651995ff

Shopify is on fire.  After a post-Covid slowdown bump, Shopify has rocketed back as ecommerce overall has continued to gain more and more market share.  Even at $8+ Billion in ARR, it grew 21% last quarter.  Even more importantly, it’s projecting faster growth going forward.  Growth in “the low-to-mid twenties”.  That’s incredibly impressive at Shopify’s scale, coming up on a $10 Billion run-rate.  Now it’s not all roses and daises.  Parts of ecommerce are growing more slowly, and others from Amazon to Amex have warned of slower growth in ecommerce.  But the growth is still real and a force of nature.  And Shopify has leaned in on larger merchants and business customers to fuel growth.  https://www.wsj.com/business/retail/shopify-tops-views-and-sees-growth-accelerating-651995ff

Shopify projected better-than-expected sales growth for the current quarter after attracting more merchants and withstanding a shaky consumer spending environment.

D J