The biggest risk in banking is not lending to bad borrowers, but borrowing from flighty lenders.
The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.
The power of randomness in algorithms is that it can help us find solutions that are difficult to discover through deterministic methods.
2003年:贝索斯致股东信《寄希望于通过为客户提供最大的价值,从而创造更长远的利润》
The only thing we have to fear is fear itself.