College students can become extremely skilled at a few specialties, but many never learn what to do with those skills in the wider world. - Peter Thiel

An entrepreneur can’t benefit from macro-scale insight unless his own plans begin at the micro-scale.

That doesn’t mean the opposite ideas are automatically true: you can’t escape the madness of crowds by dogmatically rejecting them. Instead ask yourself: how much of what you know about business is shaped by mistaken reactions to past mistakes? The most contrarian thing of all is not to oppose the crowd but to think for yourself.

most people think the future of the world will be defined by globalization, but the truth is that technology matters more.