Jeff Bezos and Amazon exemplify how capable management cannot be modeled ex-ante; no analyst in 2000 could have imagined AWS, and Steve Jobs similarly generated unmodeled value through iPhone, iPad, and iPod innovations.
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Gotham BhatnagarEvidence Quote
“Jeff Bezos...no analyst in 2000 could ever imagine...AWS...Steve Jobs...innovation of the iPhone followed by the iPad...iPod”
Created: 8/11/2026, 6:52:51 AM
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