Скачать или смотреть Amazon's $115 Billion Secret: The Hidden ROI of the AI Arms Race

Is Amazon (AMZN) actually cheap right now? At first glance, a 147x P/FCF multiple looks like a valuation bubble. But if you dig into the "Owner Earnings," the story changes completely.

Video Summary: In today’s deep dive, we use the "Elephant Gun" valuation mandate—a framework inspired by Warren Buffett and Charlie Munger—to strip away the accounting noise and find Amazon's true intrinsic value. We explore why the $115 billion "AI Arms Race" is temporarily depressing cash flow while simultaneously building an unbridgeable technological fortress.

In this video, we cover: ✅ The Hidden Earnings: Why "Reported FCF" is a trap and what "Owner Earnings" really tells us. ✅ The Efficiency Flywheel: How Amazon jumped from 6.4% to 11.5% operating margins in record time. ✅ The Robotic Moat: Why adding Generative AI to the world's largest private robot fleet is all margin upside. ✅ The Final Verdict: Our 3-level Margin of Safety (MoS) calculation and why AMZN is currently in the "Prime Buy" zone.

The Numbers:

Current Price: $201.21

Owner Earnings: $91.3 Billion

Intrinsic Value (Medium): $356.18

Margin of Safety Buy Zone: $249 - $320

Timestamps: 0:00 - The Amazon Paradox Explained 2:15 - Phase I: The Red Flag Matrix (Quant Screen) 4:30 - Why CapEx is Killing Reported Cash Flow 7:10 - The Efficiency Flywheel & Operating Margins 9:45 - AWS, Advertising, and the AI Arms Race 12:20 - Valuation: Calculating Intrinsic Value (Buffett Style) 15:05 - Final Investment Verdict: Buy, Hold, or Avoid?

#Amazon #AMZN #ValueInvesting #StockMarket #WarrenBuffett #AI #AWS #InvestingStrategy #StockAnalysis