Amazon(US:AMZN) CNBC Television·2025-10-28 23:20Company Performance & Market Position - Amazon's stock had only rallied 295% since July 6, 2021, underperforming the S&P 500, which doubled that performance [1] - The author acknowledges being wrong about Amazon for the past four years [2] - The author believes Amazon stock will eventually catch up with his judgment [4] Strategic Outlook & Long-Term Investment - The author's charitable trust takes a long-term view, longer than Andy Jasse's tenure as CEO [2] - The author emphasizes the importance of sticking with stocks of companies whose services are valuable, reliable, and trustworthy [3] - The author doesn't care that the stock is only up about 30% since Jesse became CEO, maintaining a long-term belief in Amazon [4] CEO & Leadership Transition - Andy Jasse took over as CEO after running Amazon Web Services [2] - The author's investment timeframe is longer than Jasse's tenure [3]