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Jeff Bezos Calls Amazon 'Best Place in the World to Fail' in Shareholder Letter

2 pointsby phodoabout 9 years ago

1 comment

tracker1about 9 years ago
I&#x27;ve always felt that a company should either do one of two things... pay out dividends, or re-invest and grow... Amazon is a model company in that regard. Companies that sit on funds, shift them to other countries, and the like are bad actors, they don&#x27;t serve the public or their investors.<p>A growing&#x2F;spending company improves society and investors are rewarded with more valuable stock. A divident paying company rewards investment directly, and allows for that capital to be re-invested or otherwise spent. Corporations sitting on funds serves nobody. As it is, Amazon does the former... which grows the company and increases stock value over time. It&#x27;s a strategic methodology for the long term health of the company.<p>I always get a little irked when I see suggestions that they should be doing XYZ to maximize shareholder profits in the near term... that&#x27;s stupid for any large company that wants to stick around.