Free cash flow and GAAP profit are not the same thing. Jeff Bezos explained Amazon's commitment to this idea 20 (and 27) years ago when many were saying that Am

Free cash flow and GAAP profit are not the same thing. Jeff Bezos explained Amazon's commitment to this idea 20 (and 27) years ago when many were saying that Amazon could never turn a profit, yet they were already generating enough cash to initiate big bets like AWS and Kindle... https://www.sec.gov/Archives/edgar/data/1018724/000119312505070440/dex991.htm https://www.sec.gov/Archives/edgar/data/1018724/000119312505...