Competition is for Losers

Posted by dbhalling 10 years, 5 months ago to Business
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Peter Thiel interview video.

One of Peter Thiel’s interview questions is tell me something you know to be true that no one else knows is true? How would you answer that question?

My answer is that the source of real per capita growth is inventions and patents, property rights in inventions, are the key to stimulating people to invent, resulting in the Industrial Revolution and our present standard of living.
SOURCE URL: http://hallingblog.com/competition-is-for-losers/


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