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Bezos warns Amazon employees: 'When the stock is up 30% in a month, don't feel 30% smarter'

Michael Sheetz

Amazon AMZN 's stock is up nearly 70 percent this year, but CEO Jeff Bezos insists he doesn't spend "any time thinking about" the e-commerce giant's daily price — even as its rise solidifies his position as the richest man in the world. Because when the stock is down 30 percent in a month, it's not going to feel so good to feel 30 percent dumber,'" Bezos said Thursday during an interview at the Economic Club in Washington, D.C.