If everything you do needs to work on a three-year time horizon, then you're competing against a lot of people. But if you're willingto invest on a seven-year time horizon, you're now competing against a fraction of those people... Just by lengthening the time horizon, you can engage in endeavors that you could never otherwise pursue. At Amazon we like things to work in five to seven years. We're willing to plant seeds, let them grow-and we're very stubborn. We say we're stubborn on vision and flexible on details.

We are stubborn on vision. We are flexible on details.

If you're going to succeed, you need a vision, one that's affordable, practical, and fills a customer need. Then, go for it. Don't worry too much about the details. Don't second-guess your creativity. Avoid overanalyzing the new project's potential. Most importantly, don't strategize about the long term too much.

Hating clouds the mind. It gets in the way of strategy. Leaders cannot afford to hate.

Looking ahead, we will compete with technology, but win with people. We will be people-led and tech-empowered.

My life is not a political campaign. I just write about what is on my mind. I just play whatever I feel like playing. Whatever is in my soul at the time is what I want to do. I have, thank god, enough people who are still interested in what I am doing so that I can go out and keep doing it.