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The Most Productive Capital Is Also the Most Roundabout Capital
The entrepreneur who foresees a profit opportunity in the distant future has a much greater opportunity for eventually posting an enormous return than entrepreneurs who are engaged in short-term projects. Next week's podcast is also about Jeff Bezos, but it's not about a book. I'm reading, taking notes, and analyzing on all every single investor letter that Jeff Bezos has written about Amazon since it was public.