We need more pessimism that the future might be a lot worse, and we need more optimism that the future might be better.
Peter ThielHigher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking. For the privilege of being turned into conformists, students (or their families) pay hundreds of thousands of dollars in skyrocketing tuition that continues to outpace inflation. Why are we doing this to ourselves?
Peter ThielI do tend to think that things that have incredibly long time horizons often do involve market failures.
Peter Thiel