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Is Amazon.com (AMZN) Poised to Deliver Years of Solid Revenue Growth and Margin Expansion?

Lakehouse Capital, a Sydney-based investment manager, released its “Lakehouse Global Growth Fund” February 2025 investor letter. A copy of the letter can be downloaded here. February was a volatile month for global equities due to the deluge of Trump headlines. However, the portfolio’s holding companies continue to press their advantages and execute on their growth opportunities. The Fund returned -1.0% net of fees and expenses for the month compared to -0.3% for its benchmark. Since its inception in December 2017, the Fund has returned 250.6%, compared to 136.1% for its benchmark,...