The Tim Ferriss Show

Ep 28: Peter Thiel, Billionaire Investor and Company Creator on Investing, Business, and Life

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Sep 10, 2014
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INSIGHT

Technology, Globalization, and Competition

  • Technology drives progress more than globalization; we should prioritize doing new things.
  • Capitalism and competition are antonyms, with competition destroying capital.
ADVICE

Don't Wait

  • Don't wait to start your life's projects.
  • If you have a 10-year plan, question why it can't be done in 6 months.
INSIGHT

Failure is Overrated

  • Business failures are rarely educational, often having multiple causes.
  • Failure is a tragedy, not a Darwinian or educational necessity.
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