Monopoly vs. Competition

Thiel argues capitalism and competition are opposites. 

Capitalism is premised on the accumulation of capital, but under perfect competition all profits get competed away. 

Because creating value is not enough, you also need to capture some of the val...

The seven habits of highly effective people are as follows:

1. They are proactive
2. They are focused on long-term goals
3. They set their priorities.
4. They focus on win-win situatio...

7. Focus on Long-Term Goals: The wealthy tend to have a long-term perspective. They set ambitious, measurable goals and work steadily toward them, understanding that success is a marathon, not a sprint.

8. Embrace Change: Successful people are adaptable an...