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Jeff's Letters

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An audio narration of Jeff Bezos's annual letters to shareholders. Commentary added. Jeff's letters is a non-commercial production with Preet Anand as its narrator. I'm doing this to make the content of these incredible letters more accessible. My goal is for Jeff, and other authors of incredible letters, to narrate future letters. As a reminder, Jeff Bezos's Annual Letters to Shareholders are the property of Jeff Bezos and Amazon.com Inc.
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The 2018 letter to shareowners (released April 2019). Key theme is wandering and curiosity as a counterbalance to efficiency, even if it leads to failure. Probably one of my favorite letters. Jeff's letters is a non-commercial production with Preet Anand as its narrator. I'm doing this to make the content of these incredible letters more accessible…
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2017 letter to shareowners. Key theme is the importance of high standards and the elements of having them. It's crazy to think Amazon has nearly a million more more employees now than when this was published just 4.5 years ago. As a reminder, Jeff's letters is a non-commercial production with Preet Anand as its narrator. I'm doing this to make the …
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2016 Letter to shareowners. Key theme is how to avoid atrophy as a business, such as Amazon, gets bigger. As a reminder, Jeff's letters is a non-commercial production with Preet Anand as its narrator. I'm doing this to make the content of these incredible letters more accessible. My goal is for Jeff, and other authors of incredible letters, narrate…
  continue reading
 
The 2015 letter to shareowners. Key theme is high velocity decision making. One of my favorites! As a reminder, Jeff's letters is a non-commercial production with Preet Anand as its narrator. I'm doing this to make the content of these incredible letters more accessible. My goal is for Jeff, and other authors of incredible letters, narrate future l…
  continue reading
 
The 2014 letter to shareowners. Key theme is what great businesses look like. As a reminder, Jeff's letters is a non-commercial production with Preet Anand as its narrator. I'm doing this to make the content of these incredible letters more accessible. \ The content of these annual letters is the property of Jeff Bezos and Amazon.com Inc.…
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The 2013 letter to shareowners. Key theme is invention at every layer from every employee. Amazon shows the full breadth of the many things it is doing. As a reminder, Jeff's letters is a non-commercial production with Preet Anand as its narrator. I'm doing this to make the content of these incredible letters more accessible. My goal is for Jeff, a…
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The 2012 Letter. Jeff articulates how being customer centric enables Amazon to be internally driven in its innovations and not chasing after competitors. It's a great letter that pairs very well with Eugene Wei's essay about Invisible Asymptotes. Wei is Amazon alum who uses the example of expensive and slow shipping as an example of how there are u…
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The 2011 Letter. Jeff shares stories about how Amazon's self service platforms have made a major difference for creators and also the powerful impact of having no gatekeepers. Jeff shares many stories in the written letter but I omitted some for brevity. If you'd like to see all the stories he shares, please read the letter. It's good! I want to he…
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The 2007 letter. Jeff discusses the Kindle's launch and how they approached improving upon the book. There's a wonderful reminder to always figure out to focus on what is only made possible with a new medium. This is the 10th letter that Jeff writes since Amazon went publish. It's fitting he returns to books! In the commentary I evaluate the Kindle…
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In this letter, Jeff articulates how Amazon makes certain types of decisions. Sometimes decisions can be made with only analysis and math. But sometimes it's judgment that carries the day. It's a fun one that really builds upon Jeff's articulated decision making philosophies. The commentary on this one is a bit long. My apologies if it feels unwiel…
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In this letter, Jeff details why free cash flow per share is the way Amazon measures the value it creates. It's worth reading the letter instead of listening to it because he provides some illustrative tables. This letter pairs very well with Warren Buffett's Berkshire Hathaway letter from 2007 that discusses Returns on Invested Capital. 2004 Amazo…
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Jeff takes Long Term Thinking pretty seriously. The majority of his letters up until 2003 have the 'Long Term' or 'Long View' in the title! In this letter, he walks shareowners through some examples of what it means to apply long term thinking to do right by the customer. And he reiterates his assertion that what's right for the customer will ultim…
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The 2000 Letter. Jeff acknowledges the dot com crash and that Amazon.com's shares are down more than 80%. Then he provides a reminder on the business and the trends for the future. I found this letter to be a master class about how to do a reality check. As a reminder, Jeff's letters is a non-commercial production with Preet Anand as its narrator. …
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The 1999 Letter. Jeff shares his view on what shareowners own and the goals for 2000. Check out the section on Operational Excellence! The themes that stood out to me were about compounding strength and also clear observation. As a reminder, Jeff's letters is a non-commercial production with Preet Anand as its narrator. All copyright belongs to Ama…
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The 1998 Letter. Jeff shares his reflections on Amazon's incredible growth, sets expectations for the future, and also provides some guidance on how they hire and the need to be customer obsessed. I found this letter to be about impressive growth, but also the humility it takes to deliver on that growth. As a reminder, Jeff's letters is a non-comme…
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