The power of a long term strategy

For years, Amazon has been one of the biggest players in the online retail space. We recently spent some time delving deeper into the business, and there was one particular aspect behind its success which could not be ignored. Amazon has achieved success for a number of reasons, such as focusing on the customer and a culture of innovation. However, it seems that the most important factor is Amazon’s unrelenting focus on the long term, stemming from the vision of founder, Jeff Bezos. We have all heard the importance of taking a long-term view on investing, but in the eye of the storm it can be hard to hang on. In the highly competitive world of investing, we take the time to remind investors, the same approach behind Amazon’s success, perhaps may be, the biggest edge an investor could use for their own investment strategy. (VIEW LINK)