TECH - Jeff Bezos Described His Unique Life Philosophy Which Follows A Dorky Framework Revolving 'Regret Minimization' | Benzinga
In a 1999 interview for 60 Minutes, Amazon.com, Inc. founder Jeff Bezos divulged his distinctive life philosophy, which he termed the “regret minimization framework.”
What Happened: In the interview, Bezos spoke about his life philosophy and detailed his choice to depart from Wall Street. He said, “The way I made the decision to leave Wall Street and do this was… it was a regret minimization framework.” This implies that his decision to establish Amazon was motivated by a wish to reduce future regrets.
When asked to explain his philosophy, Bezos affirmed, “I want to have lived my life in such a way that when I’m 80 years old I’ve minimized the number of regrets that I have.”
He believes that many individuals, knowingly or unknowingly, adhere to a similar philosophy. “A lot of people do that I think they even if they don’t call it something as dorky as regret minimization framework, ...