The something of somewhere is mostly just the nothing of nowhere.

By the time a student gets to college, he's spent a decade curating a bewilderingly diverse résumé to prepare for a completely unknowable future. Come what may, he's ready-for nothing in particular.

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.

The road doesn’t have to be infinite after all. Take the hidden paths.

Everybody has a product to sell—no matter whether you’re an employee, a founder, or an investor. It’s true even if your company consists of just you and your computer. Look around. If you don’t see any salespeople, you’re the salesperson.

The idea of becoming an entrepreneur is something that is not taught very well in school and is something that people should try to do earlier on.

I do tend to think that things that have incredibly long time horizons often do involve market failures.