“In the end, we are our choices.”
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Author: Jeff Bezos
“[Bill] Gates said he connected with [Eddy] Izzard even though it would appear they have nothing in common — but that might be the point the author is trying to communicate. "I've recently discovered that I have a lot in common with a funny, dyslexic, transgender actor, comedian, escape artist, unicyclist, ultra-marathoner, and pilot from Great Britain. Except all of the above," Gates wrote. "We're all cut from the same cloth. In his words, 'We are all totally different, but we are all exactly the same” ― Jeff Bezos
“We are stubborn on vision. We are flexible on details….” ― Jeff Bezos
“In the old world, you devoted 30% of your time to building a great service and 70% of your time to shouting about it. In the new world, that inverts.” ― Jeff Bezos
“We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.” ― Jeff Bezos
“It’s not easy to work here (when I interview people I tell them, “You can work long, hard, or smart, but at Amazon.com you can’t choose two out of three”), but we are working to build something important, something that matters to our customers, something that” ― Jeff Bezos
“the quality of customer experience a partner delivers is the single most important criteria in our selection process—we simply won’t build a partnership with any company that does not share our passion for serving customers.” ― Jeff Bezos
“As the famed investor Benjamin Graham said, “In the short term, the stock market is a voting machine; in the long term, it’s a weighing machine.” ― Jeff Bezos
“I think it’s important to reason from first principles rather than by analogy. The normal way we conduct our lives is we reason by analogy. [With analogy] we are doing this because it’s like something else that was done, or it is like what other people are doing. [With first principles] you boil things down to the most fundamental truths…and then reason up from there.” ― Jeff Bezos
“In the world of business, the people who are most successful are those who are doing what they love.” ― Jeff Bezos
“In the business world, the rearview mirror is always clearer than the windshield.” ― Jeff Bezos
“In the long run managements stressing accounting appearance over economic substance usually achieve little of either.” ― Jeff Bezos
“If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But, if each of us hires people who are bigger than we are, we shall become a company of giants.” ― Jeff Bezos
“Our favorite holding period is forever. We are just the opposite of those who hurry to sell and book profits when companies perform well but who tenaciously hang on to businesses that disappoint. Peter Lynch aptly likens such behavior to cutting the flowers and watering the weeds.” ― Jeff Bezos
“In the 54 years (Charlie Munger and I) have worked together, we have never forgone an attractive purchase because of the macro or political environment, or the views of other people. In fact, these subjects never come up when we make decisions.” ― Jeff Bezos
“We are suspicious of those CEOs who regularly claim they do know the future—and we become downright incredulous if they consistently reach their declared targets. Managers that always promise to “make the numbers” will at some point be tempted to make up the numbers.” ― Jeff Bezos