I do tend to think that things that have incredibly long time horizons often do involve market failures.
Peter ThielThere 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.
Peter ThielIn 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.
Peter ThielDistribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.
Peter Thiel