Jeff Bezos Quotes
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And I still buy books at B&N, Borders and Elliot Bay ... I probably shouldn't admit this. But I don't care. I love great bookstores.
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There's so much stuff that has yet to be invented. There's so much new that's going to happen. People don't have any idea yet how impactful the internet is going to be and that this is still Day 1 in such a big way.
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The great thing about fact-based decisions is that they overrule the hierarchy.
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Infrastructure web services had to happen.
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People forget already how much utility they get out of the Internet - how much utility they get out of e-mail, how much utility they get out of even simple things like brochureware online.
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Our biggest cost is not power, or servers, or people. It's lack of utilization. It dominates all other costs.
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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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Millions of people were inspired by the Apollo Program. I was five years old when I watched Apollo 11 unfold on television, and without any doubt it was a big contributor to my passions for science, engineering, and exploration.
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If you're going to invest in an Internet stock, you must be a long-term investor.
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I'm not prepared to make any multi-decade commitments.
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We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.
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The book is not really the container for the book. The book itself is the narrative. It's the thing that people create.
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For many people, extended reading sessions on an LCD display cause eyestrain.
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The world is littered with corpses that predicted technology in a particular arena was done. If there's another gigantic step change out there, we don't yet know what it is.
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Feel free to cover Amazon any way you want. Feel free to cover Jeff Bezos any way you want.
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The thing about inventing is you have to be both stubborn and flexible. The hard part is figuring out when to be which.
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I'm skeptical that the novel will be 're-invented.'
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What characteristics do I look for when hiring somebody? That's one of the questions I ask when interviewing. I want to know what kind of people they would hire.
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I think technology advanced faster than anticipated. In that whirlwind, a lot of companies didn't survive. The reason we have done well is because, even in that whirlwind, we kept heads-down focused on the customers. All the metrics that we can track about customers have improved every year.
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I believe you have to be willing to be misunderstood if you're going to innovate.
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We also have no incentive compensation of any kind. And the reason we don’t is because it is detrimental to teamwork.
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I think that, ah, I'm a very goofy sort of person in many ways.
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Go to bed early and wake up early. The morning hours are good.
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I went to Princeton specifically to study physics.