Transcript
Introduction
This is the fourth or the fifth time that I've read through all of Jeff Bezos's shareholder letters. I think it's something I should do every year and then make a new episode every year because I think they're so important.
In fact, the best description of these letters I've ever read was this description. It says, "to read Jeff Bezos’s shareholder letters is to get a crash course in running a high-growth Internet business from someone who mastered it before any of the playbooks were written."
So he titles, Jeff titles every single shareholder letter. We want to start right beginning in 1997, he titles this: "It's all about the long-term." This is the most important shareholder letter. And you can see this because Jeff attaches it to every single subsequent shareholder letter all the way up till the end.