Bajo la competencia perfecta, en el largo plazo, ninguna compañía percibe beneficio económico. - Peter Thiel

competition is an ideology — the ideology — that pervades our society and distorts our thinking. We preach competition, internalize its necessity, and enact its commandments; and as a result, we trap ourselves within it — even though the more we compete, the less we gain.

Long-term planning is often undervalued by our indefinite short-term world.

As a good rule of thumb, proprietary technology must be at least 10 times better than its closest substitute in some important dimension to lead to a real monopolistic advantage.