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People who are right most of the time are people who change their minds often

Jeff Bezos

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Jeff Bezos
Age: 60
Born: 1964
Born: January 12
Astronaut
Computer Scientist
Entrepreneur
Albuquerque
New Mexico
Jeffrey Preston Bezos
Jeffrey Preston Jorgensen
Jeff Preston Bezos
Jeffrey Preston ''Jeff'' Bezos
Time
People
Minds
Often
Inspirational
Change
Right
Mind

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We're building a unique global platform...In the last 18 months we found that sellers and partners are interested in complementing their online and offline businesses with Amazon's platform
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The three most important things in retail are location, location, location. The three most important things for our consumer business are technology, technology, technology.
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I definitely believe people should pay for copyrighted works. And the laws are sufficient: They already require you to pay for copyright work. There's no confusion. The problem is...it's a heck of a lot easier to steal MP3s than to buy them.
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The smartest people are constantly revising their understanding, reconsidering a problem they thought they’d already solved. They’re open to new points of view, new information, new ideas, contradictions, and challenges to their own way of thinking.
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It's not an experiment if you know it's going to work.
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You don't choose your passions your passions choose you.
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We were hoping to build a small profitable company and of course, what we've done is build a large, unprofitable company.
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Our vision is every book ever printed in any language [fetched and viewable on our eBook Kindle device] in under 60 seconds.
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My own view is that every company requires a long-term view.
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Percentage margins are not one of the things we are seeking to optimize. It’s the absolute dollar free cash flow per share that you want to maximize, and if you can do that by lowering margins, we would do that. So if you could take the free cash flow, that’s something that investors can spend. Investors can’t spend percentage margins.
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If you are going to do large-scale invention, you have to be willing to do three things: You must be willing to fail you have to be willing to think long term and you have to be willing to be misunderstood for long periods of time.
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If you don't understand the details of your business you are going to fail.
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I'm skeptical that the novel will be 're-invented.'
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The framework I found which made the decision incredibly easy was what I called — which only a nerd would call — a “regret minimization framework.” So, I wanted to project myself forward to age 80 and say, “Okay, now I’m looking back on my life. I want to have minimized the number of regrets I have.”
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You don't want to negotiate the price of simple things you buy every day.
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If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.
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We are pioneers and the history of pioneers is not that good.
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Obsess about customers, not competitors.
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I think that, ah, I'm a very goofy sort of person in many ways.
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The death knell for any enterprise is to glorify the past -- no matter how good it was.
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