Jeff Bezos Henry Blodget Interview from 2014
This is one of the best interviews I've ever seen. There are so many stirring things about Jeff Bezos' long term perspective.
For context, this interview was filmed in 2014. At the time, Amazon's net income had been declining since 2010, they posted a $250mm net loss in Q42014, and the stock was trading a couple ticks under $300 per share. They weren't the darling of Wall Street that they are now.
This is perhaps my favorite quote from the interview:
Where you are going to spend your time and energy is one of the most important decisions you get to make in life.
We all have a limited amount of time and where you spend it and how you spend it is an incredibly levered way to think about the world.
Here are my other favorite excerpts, by way of video markers:
- Focus on controllable inputs like customer obsession and operational excellence
- Companies that don't make small bets evenutually have to make a hail mary bet
- Books don't compete against books, they compete against all leisure time acivities
- Jeff's reluctance to travel and how Amazon senior executives manage stress