Jeff Bezos as Another Return Of The Hero?- Clear Thinking/Don't Know
"Jeff Bezos, in the style of Bob Iger at Walt Dsiney, will come back to lead Amazon.com after the stock’s 50% drop last year, he [Michael Batnick of Ritholtz] reckons." - Yahoo Finance, January 4, 2023
Some are not surprised that this could actually unfold. They were also not surprised when Iger did one of those Return of the Hero acts at distressed Disney. Those "some" have as a mindset the Zen meme: Clear Thinkng/Don't Know.
In the Tarot, that is symbolized by the Wheel of Fortune card. The message is that everything is changing, including ourselves. There is nothing we can do to cancel out that process. The sense of satisfaction investors have about the new leader could change to growing concern if that CEO is up to the challenges. In succession that shift is becoming the new usual.
Yes, Iger is back. But can he work his magic again. And, is Bezos in touch enough to restore Amazon to its innovative greatness? Zen masters would say: Clear Thinking/Don't Know.
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