I don’t buy stocks, I make stocks.
JEFF BEZOZPercentage margins don’t matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.
More Jeff Bezos Quotes
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Everything you are comes from your choices.
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We can’t be in survival mode. We have to be in growth mode.
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I’d rather interview 50 people and not hire anyone than hire the wrong person.
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I don’t want to use my creative energy on somebody else’s user interface.
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Your brand is what other people say about you when you’re not in the room.
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No business can continue to shrink. That can only go on for so long before irrelevancy sets in.
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If you only do things where you know the answer in advance, your company goes away.
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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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If we think long term, we can accomplish things that we couldn’t otherwise accomplish.
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Go to bed early and wake up early. The morning hours are good.
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If you decide that you’re going to do only the things you know are going to work, you’re going to leave a lot of opportunity on the table.
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Percentage margins don’t matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.
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To get something new done you have to be stubborn and focused, to the point that others might find unreasonable.
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The best customer service is if the customer doesn’t need to call you, doesn’t need to talk to you. It just works.
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If you’re not stubborn, you’ll give up on experiments too soon. And if you’re not flexible, you’ll pound your head against the wall and you won’t see a different solution to a problem you’re trying to solve.
JEFF BEZOS