#282 Jeff Bezos Shareholder Letters

It's all about the long term. Jeff Bezos' first shareholder letter in nineteen ninety seven. This is day one for the internet, and if we execute well For Amazon. Today online commerce saves customers money.

And precious time. Tomorrow through personalization. Online commerce will accelerate the very process of discovery. Amazon uses the internet. To create real value for its customers.

And by doing so Hopes to create an enduring franchise. Even in established and large markets. We have a window of opportunity as larger players marshal the resources to pursue the online opportunity. And as customers.

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