Darren and Larry discuss Amazon as a "wonderful business" using Warren Buffett's criteria. They highlight Amazon's rapid growth from selling books in 1995 to its current dominance, emphasizing Jeff Bezos's long-term vision and customer-centric approach. Amazon's moat includes its extensive distribution network, Prime membership, and innovative services like Kindle and Alexa. They also discuss Amazon's potential in new sectors and its significant influence through lobbying and the Washington Post.