“ Bill Miller, the chief investment officer at Legg Mason Capital Management and a major Amazon shareholder, asked Bezos at the time about the profitability prospects for AWS. Bezos predicted they would… Brad Stone
“ The narrative fallacy, Bezos explained, was a term coined by Nassim Nicholas Taleb in his 2007 book The Black Swan to describe how humans are biologically inclined to turn complex realities into sooth… Brad Stone
“ The electronics effort faced even greater challenges. To launch that category, David Risher tapped a Dartmouth alum named Chris Payne who had previously worked on Amazon’s DVD store. Like Miller, Payn… Brad Stone
“ It was the combination of EC2 and S3 - storage and compute, two primitives linked together - that transformed both AWS and the technology world. Startups no longer needed to spend their venture capita… Brad Stone
“ You don't feel thirty percent smarter when the stock goes up by thirty percent so when the stock goes down you shouldn't feel thirty percent dumber" Jeff Bezos Brad Stone
