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Today's 'best practices' lead to dead ends the best paths are new and untried.
Peter Thiel
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Peter Thiel
Age: 57
Born: 1967
Born: October 11
Banker
Chess Player
Computer Scientist
Entrepreneur
Financier
Writer
Frankfurt/Main
Peter Andreas Thiel
Ends
Today
Untried
Best
Paths
Practices
Lead
Dead
Path
Practice
More quotes by Peter Thiel
Long-term planning is often undervalued by our indefinite short-term world.
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A lot of the key to Apple's succes is Designing technology in order to hide it.
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The developing world can just do things that are extensive or horizontal, that basically copy. The developed world needs to do things that are intensive or vertical, where we take our civilization to the next level.
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Higher education holds itself out as a kind of universal church, outside of which there is no salvation.
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Every university…seem[s] to reassure you that ‘it doesn’t matter what you do, as long as you do it well.’ That is completely false. It does matter what you do. You should focus relentlessly at something you’re good at doing, but before that you must think hard about whether it will be valuable in the future.
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What valuable company is nobody building?
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Anyone who prefers owning part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company's value in the future.
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We might describe our world as having retail sanity, but wholesale madness.
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I no longer believe that freedom and democracy are compatible.
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If you can identify a delusional popular belief, you can find what lies hidden behind it: the contrarian truth.
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My own answer to the contrarian question is that most people think the future of the world will be defined by globalization, but the truth is that technology matters more.
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As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.
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Consider the trivial but revealing hallmarks of urban hipsterdom: faux vintage photography, the handlebar mustache, and vinyl record players all hark back to an earlier time when people were still optimistic about the future. If everything worth doing has already been done, you may as well feign an allergy to achievement and become a barista.
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For Hamlet, greatness means willingness to fight for reasons as thin as an eggshell: anyone would fight for things that matter true heroes take their personal honor so seriously they will fight for things that don’t matter.
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Society is secretly driven by sales
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Anti-aging is an extremely under-explored field.
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In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
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The business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want to compete. You want to create a monopoly. We want to invest in a company that has a good plan to create a monopoly.
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Recruiting is a core competency for any company. It should never be outsourced.
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Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.
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