Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
30 Aug 2022 Acquired Howard Marks & Andrew Marks: Something of Value
“I think Amazon's a great example of the opposite, because if you owned Amazon when the story was about growing as a retailer, you could have never dreamed of AWS.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 30 Aug 2022
- Publisher
- Acquired
Transcript context
…Because eventually, someone will. Yeah, exactly. He talks about the primacy of business model over management. I think Amazon's a great example of the opposite, because if you owned Amazon when the story was about growing as a retailer, you could have never dreamed of AWS. That shows what happens when you bet on an amazing founder who can leverage their business to create value in really compelling other ways. I think it's a great business case study, but it's also a case study of putting faith in a management team and recognizing the optionality that comes with that. Howard, did Amazon ever intersect with your investing career?…
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