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Jeff Bezos' Wisdom on Long-Term Thinking

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Timecodes
0:00 - Tenants nailed a Christmas tree onto the floor
1:22 - Amazon dramatically reduced prices
3:02 - Amazon empowered customers to review products
4:18 - Amazon invited 3rd parties to compete - Marketplace
5:25 - The birth of Kindle ebook reader
6:20 - Bezos thinks at least 3 years ahead
6:52 - Kids couldn’t wait
7:19 - A technician gave up his promotion
7:53 - Short-sightedness in stock investing
8:43 - I honoured a refund even after 80 days
9:51- 10 years refund period fo my Money Smart book
10.56 - Think long-term, at least 3 years out
12.01 - Money Smart book giveaway contest

#MoneyTips
#KCLau
#Long-term
#Amazon.com
#JeffBezos

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