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I don't believe that most investors really have a grasp on how "long term" Bezos' thinking is. It's not multi-year, it's multi-decade... maybe even multi-centu
by deegles 9y ago
I don't believe that most investors really have a grasp on how "long term" Bezos' thinking is. It's not multi-year, it's multi-decade... maybe even multi-century[0].
This is all just speculation from his involvement with the Long Now Foundation, but one of their goals is to foster long lived institutions... I believe that this is Bezos' vision for Amazon and that investors hoping for it to stop its self investment and growth are in for a very long wait.
[0] http://www.wideopencountry.com/there-is-a-10000-year-clock-under-construction-in-west-texas/ http://www.wideopencountry.com/there-is-a-10000-year-clock-u...
- moosekaka 9y agoBezos dream of shifting all heavy industry and mining to the asteroids would be so beneficial to humanity and the planet, that whatever short term pain (short as in timescale of decades) to either current incumbents business performance or consumer choice should be balanced against this promise.