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"Competitive markets destroy profits"

Translations

MORE QUOTES BY Peter Thiel

“In the most crowded market, a company must win”

Peter Thiel

“The most contrarian thing of all is not to oppose the crowd but to think for yourself”

“All failed companies are the same: they failed to escape competition”

“When a huge number of people want something badly enough, government should make sure to provide it”

FEATURED QUOTES

“Whether you think you can, or you think you can't—you're right.”

“If something stands between you and your success – move it. Never be denied.”

“I believe in karma. That means I can do bad things to you all day long and I assume you deserve it.”

“Failure is an option here. If things are not failing, you are not innovating enough.”

“Difficulties break some men but make others”

“Stop letting people who do so little for you control so much of your mind, feelings and emotions.”

“I think a role model is a mentor – someone you see on a daily basis, and you learn from them.”

“What you’re thinking is what you’re becoming.”

“We do today what they won’t, so tomorrow we accomplish what they can’t.”

“Move fast and break things. Unless you are breaking stuff, you are not moving fast enough”