Daily Traders Edge

5 Key Lessons from Amazon’s Bezos – CNBC

May 13
14:59 2016

This side of Berkshire Hathaway CEO and chairman Warren Buffett, no American business leader stuffs his annual letters to shareholders more full of business wisdom than Jeff Bezos, the now 52-year old wunderkind founder and CEO of Amazon.com. From Amazon’s first annual report as a public company in 1998 to the letter he wrote in advance of the company’s May 17 annual meeting this year, he’s set a consistent tone: Build culture, take risk and focus on the long term.

Chamath Palihapitiya, a venture capitalist and early Facebook employee said at the recent Sohn Investment conference that Amazon is on its way to becoming a $3 trillion company  (its current market cap is just-under $350 billion) in a decade.

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