Ep. 606: Jeff Bezos Is a Trend Follower on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Trend Following
Lee Zhang, an angel investor VC and high growth startups, read every Amazon shareholders letter all the way back to 1997. Too many companies treat every decision as a type one decision instead of treating most decisions as a type two decision. Jeff draws the distinction between type one versus type two decisions within companies. To Jeff being a day two company means decline and death.
Play episode from 10:15
Transcript
