Amazon’s Shareholder Letter

I am in South Carolina biking this weekend.

I was invited by Ron Sedran who runs equity capital markets at Canaccord. We met through another friend in Toronto,Lowell Kamin, who felt I could help Ron and his team get quickly up to speed on the pace of changes in fintech. Ron put together this trip for clients and it is fantastic.

The hotel Domestique (with 13 rooms) was inspired by the world travels, tastes and active lifestyle of legendary cyclist George Hincapie, who will be taking us on a 50 mile ride today. Yesterday we did 44 miles in the hills.

The hotel is a genius, niche idea and I will definitely be coming back with my own groups in the years ahead.

Before I get to Bezos annual letter, my new friend Mike (a gastro intestinal doctor), who has had to endure 100 stupid ‘Assman‘ shoutouts and questions about my colon shared this joke that his wife emailed to him:

The young woman who submitted the tech support message below (about her relationship to her husband) presumably did it as a joke. Then she got a reply that was way too good to keep to herself. The tech support people’s love advice was hilarious and genius!

The query:

Dear Tech Support, Last year I upgraded from Boyfriend 5.0 to Husband 1.0 and noticed a distinct slowdown in overall system performance, particularly in the flower and jewelry applications, which operated flawlessly under Boyfriend 5.0. In addition, Husband 1.0 uninstalled many other valuable programs, such as Romance 9.5 and Personal Attention 6.5, and then installed undesirable programs such as: NBA 5.0, NFL 3.0 and Golf Clubs 4.1.

Conversation 8.0 no longer runs, and House cleaning 2.6 simply crashes the system. Please note that I have tried running Nagging 5.3 to fix these problems, but to no avail.

What can I do?

Signed, Desperate

The response (that came weeks later out of the blue):

Dear Desperate,

First keep in mind, Boyfriend 5.0 is an Entertainment Package, while Husband 1.0 is an operating system. Please enter command: I thought you loved me.html and try to download Tears 6.2. Do not forget to install the Guilt 3.0 update. If that application works as designed, Husband 1.0 should then automatically run the applications Jewelry 2.0 and Flowers 3.5.

However, remember, overuse of the above application can cause Husband 1.0 to default to Grumpy Silence 2.5, Happy Hour 7.0, or Beer 6.1. Please note that Beer 6.1 is a very bad program that will download the Farting and Snoring Loudly Beta version. Whatever you do, DO NOT, under any circumstances, install Mother-In-Law 1.0 as it runs a virus in the background that will eventually seize control of all your system resources.

In addition, please do not attempt to re-install the Boyfriend 5.0 program. These are unsupported applications and will crash Husband 1.0. In summary, Husband 1.0 is a great program, but it does have limited memory and cannot learn new applications quickly. You might consider buying additional software to improve memory and performance. We recommend Cooking 3.0.

Good Luck!

Tech Support Team

Finally…here is Bezos annual Amazon shareholder letter. It is always a good read.