Phrase by 'Peter Thiel'
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Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition, all profits get competed away.
Author: Peter Thiel - American BusinessmanCapitalism , Competition , Perfect , Bread
In Silicon Valley, I point out that many of the more successful entrepreneurs seem to be suffering from a mild form of Asperger's where it's like you're missing the imitation, socialization gene.
Author: Peter Thiel - American BusinessmanYou , Like , Suffering , Missing
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.
Author: Peter Thiel - American BusinessmanYou , World , Money , Problem
My only claim is that not all talented people should go to college and not all talented people should do the exact same thing.
Author: Peter Thiel - American BusinessmanPeople , College , Only , Go
One of my friends started a company in 1997, seven years before Facebook, called SocialNet. And they had all these ideas, and you could be, like, a cat, and I'd be a dog on the Internet, and we'd have this virtual reality, and we would just not be ourselves. That didn't work because reality always works better than any fake version of it.
Author: Peter Thiel - American BusinessmanYou , Friends , Work , Dog
Great things happen only once.
Author: Peter Thiel - American BusinessmanOnly , Great , Things Happen , Great Things
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