Jeff Bezos' Shocking Reason Why Amazon Sacrifices Profits

The interview with Jeff Bezos is amazing - he says things that Warren Buffett says all the time (interesting that he quotes him). People should take a look at how much Amazon's book value, total assets, and intrinsic value has increased in the last 10-20 years, rather than profit. Even today, Amazon reinvests cash into new opportunities (that still work) and is growing at a rate normally only seen in businesses a thousand times smaller. Video recorded in 2014.

A businessman, media mogul, investor, and commercial astronaut, Jeffrey Preston Bezos is the founder, former CEO, and executive chairman of Amazon, the world's leading e-commerce and cloud computing company.

Special thanks to Jeff Bezos

Jeff Bezos' Shocking Reason Why Amazon Sacrifices Profits

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