To Amazon future free cash flows are what matters, as pretty much every Bezos shareholder letter ever has explicitly said. Edit: When I read his letter in 2004

To Amazon future free cash flows are what matters, as pretty much every Bezos shareholder letter ever has explicitly said. Edit: When I read his letter in 2004 I went long and I've never looked back. https://www.sec.gov/Archives/edgar/data/1018724/000119312505070440/dex991.htm https://www.sec.gov/Archives/edgar/data/1018724/000119312505...