warren buffett
Warren Buffett.
  • Warren Buffett warned during the dot-com bubble that most internet startups were doomed to fail.
  • Jeff Bezos took the investor's words to heart and told Amazon's workforce to never get complacent.
  • "He didn't want Buffett to be right," elite advisor Milton Berg said on a recent podcast.

Warren Buffett's famous warning during the internet bubble was a wake-up call for Jeff Bezos that Amazon's long-term survival was the furthest thing from guaranteed.