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Lessons From Jeff Bezos’ Letter to Shareholders

February 28, 2018

In our VIA Investor Insight section, recently we’ve started asking interviewees about their favourite business person (apart from Buffett and Munger). The last two people who we interviewed (Saurabh Madaan and Jana Vembunarayanan) unanimously agreed on their choice. Here’s what they said –

Jana:

Jeff Bezos. He’s extremely focused, super-rational, and contrarian (right more often). Some examples of being a contrarian and right are free shipping for prime, kindle, and AWS. There were times he was wrong. For example, he didn’t like the idea of launching Amazon Studios. Even though Bezos disagreed, he committed to the plan. Writing about it openly requires a lot of humility, and Bezos scores full marks on that.

Saurabh:

By far my favourite is Mr. Bezos. If you read his annual letters, they are also just like Mr. Buffett’s letters. They have a lot of lessons about life and thinking in life in general. When he says long term, he really means long term. It’s not even five or ten years. It’s really long term.

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Filed Under: Special Report

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