In economics, disbelief in secrets leads to faith in effici… - Peter Thiel

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In economics, disbelief in secrets leads to faith in efficient markets. But the existence of financial bubbles shows that markets can have extraordinary inefficiencies. (And the more people believe in efficiency, the bigger the bubbles get.)

Peter Thiel

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About Peter Thiel

Peter Andreas Thiel (born 11 October 1967) is a German-American billionaire entrepreneur, hedge fund manager, venture capitalist, philanthropist, political activist, and author. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook.

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Alternative Names: Peter Andreas Thiel • Peter A. Thiel

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the more people believe in efficiency, the bigger the bubbles get.)

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Nếu bạn có thể nhận ra cạnh tranh chỉ làm tổn hại hơn là mang lại giá trị thì bạn sẽ cảm thấy sảng khoái hơn nhiều so với số đông.

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.

but how to establish a process by which a sales team of modest size can move the product to a wide audience.

In economics, disbelief in secrets leads to faith in efficient markets. But the existence of financial bubbles shows that markets can have extraordin… - Peter Thiel

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