This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

The Only CEO Who Could Hold Steve Jobs's Jock Strap

Stocks in this article: AMZN AAPL NFLX

NEW YORK ( TheStreet) -- It's been a surreal last few days.

I'm pleased to note that I have accepted a full-time staff position, official Nov. 1, as TheStreet's Director of Social Media. I will continue my writing and television/video work with the added responsibility of running TheStreet's social feeds. So, please follow or like us on Twitter, Google + and Facebook.

Over two days last week, I not only got to work on Wall Street and enjoy Manhattan's urban energy, I received a tour of the New York Stock Exchange from Jill Malandrino of TheStreet's OptionProfits premium service.

Good times. But I never take them for granted. Even during the good times, you've got to remember, this too shall pass, because it will.

The story I saw on my way home, however, gave me serious beer muscles.

Thank you to the only CEO who can hold former Apple (AAPL - Get Report) CEO Steve Jobs's jock strap -- Jeff Bezos from Amazon.com (AMZN - Get Report).

What Happened?

Magic. That's what happened.

Bezos recently spoke to a Web app company, 37signals, in Chicago. After his talk, he took questions from employees.

Bezos and I must be on the same mission.

From the 37signals blog:

Bezos said people who were right a lot of the time were people who often changed their minds. He doesn't think consistency of thought is a particularly positive trait. It's perfectly healthy -- encouraged, even -- to have an idea tomorrow that contradicted your idea today.
He's observed that the smartest people are constantly revising their understanding, reconsidering a problem they thought they'd already solved. They're open to new points of view, new information, new ideas, contradictions, and challenges to their own way of thinking.

The stock market and politics are two areas that have an annoying macho obsession with "flip-flopping." It comes as no surprise that men dominate both areas.

Thankfully, a new wave of thinkers -- open, willing and able to change -- favor critical thought over rigidity and an insistence on pointing out who was "right" and who was "wrong" every other fleeting day.

It's downright eerie to compare Bezos's sentiment with thoughts I have been developing for some time now, most recently in response to a couple of article comments from last week.

Even if it's only via this perverse cyber relationship he doesn't even know exists, I am happy to be one with Bezosian thought. With the man gone, it's the closest thing we have to Jobsian bits of wisdom. In fact, I'm beginning to wonder if Bezos and Jobs belong in the same category. But that's a topic best assigned to another time.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs