This book is partially about Jeff Bezos’ life, and partially a collection of all his letters to Amazon shareholders.
About his life – his mother had him at age 17, he grew up in Houston and Miami, studied engineering at Princeton, and then started his career at D.E. Shaw. After coming across a stat that said the internet was growing at 2300% per year, he left his job in order to start an online retail store for books. This reminds me of Andy Rachleff’s quote about being in good markets.
To make the decision to leave D.E. Shaw, he used what he calls a regret minimization framework. Basically, you ask yourself how you feel at age 80 when you think back to a decision.
In addition to Amazon, he is also involved with Blue Origin and the Washington Post. The top 5 lessons from this book according to Isaacson are:
Part 1: The Shareholder Letters
Here’s a summary of my takeaway from almost every year’s letter:
Part 2: Life and Work
My takeaways / quotes: