I’ve been investing for quite some time, and have used your approach and several others. The ones which work best are, 1) buy quantity stocks and hold, then buy more when others sell, 2) find ppl who are great at doing this and hop on board, like buying BRK or Magellan Fund when Lynch was running it, and 3) the best method: buy index funds, esp S&P500 and NASDAQ then go and enjoy life. I admit that I still like to pick ‘em, but if I’m honest, doing that is for fun, and all it does is hurt my long term returns. I started with S&P500 before AMZN started, so, of course, I missed the beginning of it, but the nature of indexing means that companies like AMZN get added and eventually earn a bigger portion of the fund.
AMZN still has hungry leadership and deserves a presence in your portfolio.
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