"I don't buy stocks, I make stocks."
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Jeff Bezos quotes (page 5 of 12)
221 quotes — follow a thought to its full quote page.
"We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term."
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"You want to look at what other companies are doing. It's very important not to be hermetically sealed. But you don't want to look at it as if, 'OK, we're going to copy that.' You want to look at it and say, 'That's very interesting. What can we be inspired to do as a result of that?' And then put your own unique twist on it."
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"Your brand is formed primarily, not by what your company says about itself, but what the company does."
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"It's harder to be kind than clever"
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"Work hard, have fun and make history."
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"If you're not stubborn, you'll give up on experiments too soon. And if you're not flexible, you'll pound your head against the wall and you won't see a different solution to a problem you're trying to solve."
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"The three most important things in retail are location, location, location. The three most important things for our consumer business are technology, technology, technology."
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"What we need to do is always lean into the future; when the world changes around you and when it changes against you - what used to be a tail wind is now a head wind - you have to lean into that and figure out what to do because complaining isn't a strategy."
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"Be proud of your choices, not your gifts."
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"The thing about inventing is you have to be both stubborn and flexible. The hard part is figuring out when to be which."
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"A lot of people – and I’m just not one of them – believe that you should live for the now. I think what you do is think about the great expanse of time ahead of you and try to make sure that you’re planning for that in a way that’s going to leave you ultimately satisfied. This is the way it works for me."
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"The Net is pretty cool, but the physical world is the best medium ever."
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"If there’s one reason we have done better than of our peers in the Internet space over the last six years, it is because we have focused like a laser on customer experience."
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"We innovate by starting with the customer and working backwards. That becomes the touchstone for how we invent."
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"If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns."
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"If you're truly obsessed over customers, it'll cover a lot of errors."
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"I'm skeptical that the novel will be 're-invented.'"
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"If you decide that you're going to do only the things you know are going to work, you're going to leave a lot of opportunity on the table."
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"If you build a great product or service, people will talk about it. But it starts with having something that's worth talking about."
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