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Education needs to be rethought. Education does not just happen in college, but it also happens in developing skills which will enable people to contribute to our society as a whole.
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
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More quotes by Peter Thiel
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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I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.
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Every business is successful exactly to the extent that it does something others cannot.
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I'm skeptical of a lot of what falls under the rubric of education.... People are on these tracks. They are getting these credentials and it's very unclear how viable they are in many cases.
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I no longer believe that freedom and democracy are compatible.
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In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.
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There's a wide range of sales ability: there are many gradations between novices, experts, and masters. There are even sales grandmasters. If you don't know any grandmasters, it's not because you haven't encountered them, but rather because their art is hidden in plain sight.
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Moving first is a tactic, not a goal.
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Great tech opportunities happen only once.
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Anti-aging is an extremely under-explored field.
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University administrators are the equivalent of subprime mortgage brokers selling you a story that you should go into debt massively, that it's not a consumption decision, it's an investment decision. Actually, no, it's a bad consumption decision. Most colleges are four-year parties.
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If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
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When you are starting a new business you don't want to go after giant markets. You want to go after small markets and take over those markets quickly.
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Today's 'best practices' lead to dead ends the best paths are new and untried.
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What valuable company is nobody building?
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Recruiting is a core competency for any company. It should never be outsourced.
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A true bubble is when something is overvalued and intensely believed. Education may be the only thing people still believe in in the United States. To question education is really dangerous. It is the absolute taboo. It's like telling the world there's no Santa Claus.
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Under perfect competition, in the long run no company makes an economic profit.
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The something of somewhere is mostly just the nothing of nowhere.
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Customers won’t care about any particular technology unless it solves a particular problem in a superior way. And if you can’t monopolize a unique solution for a small market, you’ll be stuck with vicious competition.
Peter Thiel
