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> Amazon is Jeff and Jeff is Amazon True, and a scary thought for any heavy investors. That's why a company that size needs to have a publicly known successio
by j1vms 8y ago
> Amazon is Jeff and Jeff is Amazon
True, and a scary thought for any heavy investors. That's why a company that size needs to have a publicly known succession plan given current valuation. There are people at Amazon who could take over but no one whom the market would trust with taking the reigns, right off the bat.
- aczerepinski 8y agoPeople were saying Berkshire needed public succession plans for several decades before Buffett eventually created/disclosed them. The stock did really well during those decades, and virtually every other public company turned their CEO over many times.