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Society is secretly driven by sales

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
Secretly
Sales
Driven
Society

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The something of somewhere is mostly just the nothing of nowhere.
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I'm always very excited about trying to do something on next-generation biotechnology and life sciences because I think if we can cure cancer or dementia, we can really make the future a lot better and I think these things are eminently doable.
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I think in my twenties I tended to think of all people as sort of more or less alike. In now think that people are really different in all these subtle ways that are very important.
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Had the people who started Facebook decided to stay at Harvard, they would not have been able to build the company, and by the time they graduated in 2006, that window probably would have come and gone.
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Anti-aging is an extremely under-explored field.
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A company does better the less it pays the CEO.
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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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Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.
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Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
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What important truth do very few people agree with you on?
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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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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 are still many large white spaces on the map of human knowledge. You can go discover them. So do it. Get out there and fill in the blank spaces. Every single moment is a possibility to go to these new places and explore them.
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What nerds miss is that it takes hard work to make sales look easy.
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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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As an investor-entrepreneur, I’ve always tried to be contrarian, to go against the crowd, to identify opportunities in places where people are not looking.
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Under perfect competition, in the long run no company makes an economic profit.
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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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Every business is successful exactly to the extent that it does something others cannot.
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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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