Experience is a valuable asset, with individuals like Sam Walton who spent 50 years in an industry before distilling their wisdom down for others to benefit from. While it is impossible to acquire 90% of someone's wisdom, even gaining 1-5% can provide significant leverage, given the time and effort saved by learning from others' experiences. Prioritizing durability over growth rates in business, as emphasized by Peter Thiel, can ensure long-term success by focusing on what will sustain a company over time rather than short-term gains.

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