Ben Gilbert: belief

Transcript context

…Yeah. I can imagine that that's a challenge that I'm totally projecting here into Jeff Bezos' mind. It's always a dangerous thing to do, in part, because it's so much more expansive than anybody who would try to project into it. I bet that's not something he's personally very interested in figuring out. Right. I think it's a great point. I mean, I think in the 12 months leading up to June of 2020, they generated $27 billion of free cash flow. They know how to generate cash. I thought they were on the path starting (I think) in 2015–2016 is when they really started actually becoming free cash flow positive and growing that year over a year. That just stopped when the pandemic hit. Maybe we're in some temporary anomaly that they'll go back to the 2019 mode here shortly, or maybe the anomaly was the last five years before Covid. Andy, I think, has said on recent earnings calls, hey, we're going to be moving back towards profitability. We know how to do this. Don't freak out.…

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