My favorite QUOTE of the speach: "We live in a world where COURAGE is in shorter supply then GENIUS". So true.

Everytime I hear Peter Thiel I can't help but think how much reason he does have. This is truly gold.

I really like how respectful and thoughtful the interviewer here is. You get so many talks where the interviewee can't really spread his wings because he has to work with trivial questions or where the whole talk diverges into smart jokes. Very good interview.

This man is like an ever flowing fountain of wisdom. Listen to him, pure dense coherent wisdom, and not a single stumble while he's at it.

So.....1. Try to get a monopoly on a market without looking like a monopoly to the government. 2. Get the timing right. i.e. time to enter the market and exit if need be. 3. Have a secret no one else has. i.e. a patented technology, a social angle, some kind of niche or secret that helps to form your monopoly. 4. Having the right team. Getting that well oiled machine up and running on all cylinders. Team first. 5. Foster an atmosphere of creativity, cooperation, and work hard, hard, hard. OK got it. Look out world.

This guy doesn't waste a sentence. Full of knowledge. Like he is in the military giving orders. LOL! I like this guy.

Saying: "death is a natural part of life" Thiel's response: "it is at least as natural to fight it" That's a doer attitude if I've ever seen one. I applaud it!

This dissertation is very instructional. He discusses controversial points and provides questions and answers for different situation. Great video.

I clicked on this video thinking that there's no way I'm watching the whole thing... and here I am writing this comment after 1 hour 11 minutes and 11 seconds has passed...

"We live in a world where courage is in shorter supply than genius." Courage has always been in shorter supply. In small community of a few thousand people, there are almost certainly at least a hundred people who are genius level. It is usually fear that keeps their presence almost undetectable.

14:00-15:00 he is talking about mastery of a field. Only through constant observation will nature reveal its secrets.

The questions that I can hardly answer is that Google, Facebook, (you name it) are not an example of zero to one as there were search engines, there were social media comps, etc. They came up with a much better way of doing search, or connecting people in a much better way in facebook. The other famous comment which is kinda against this argument is that no one remembers the first but everyone remembers the best.

People don't like Thiel ,Cause he speaks the truth.

What an incredibly smart guy. Great interview!

"Most people think competition and capitalism are synonyms, I believe they are antonyms"

Peter Knew all the kinds of businesses in the future that would dominate the market. Invest in all stocks that are like the businesses he mentioned.

Probably one of the best speeches heard in the last months...impressive toughs.

Dear Peter, I have been reading your book these days~ So impressed and will follow your leading ideas for my business forward. I think you are the genuine entrepreneur and you have been the best mentor whom many youths want to follow~ -Best regards/Julie In, S. Korea

He is so refreshing. - I mean witch military general spell out his strategie. - competition is bad of course.

absolutely brilliant!! i work on macro strategy for firms and this guys is spot on!!

strange to think I went to high school with him, we were in the Computer club together ... I never paid him much attention ... bad decision.

....aaaand this audience didn't get the Star Wars reference. Also - for the UK audience, nice touch Peter changing the reference to British food to French food. Nicely done.

Thanks for posting,

awesome video!! thank you!!

27:24 just when I thought Thiel wouldn't have anything interesting to comment on a topic he knocks another question-this one about SV founders and why they differ from others-out of the park.

Listen, Learn, Research and Confirm. Decide for yourself and use wise council, studying and discernment to reach your conclusion. Don't let someone who speaks with authority have it because of their tone but give respect where respect is due. The rich are just men and make incorrect assessments daily. Use their words as council not the law.

27:45-28:15 Totally on point.

thank you for laing out your playbook to world domination. much appreciated for sharing this vdeo. creativity is king.

rambling on about the future of innovation...spellbinding. Great upload

This man is someone i can relate to. Twitter is like hot air balloons in a computer.

The way he pronounces „hitherto“ at 4:33 cracks me up

Thank you for sharing!

I mean you always have to be critically set when listening to someone lay out their worldview, but my opinion is that Peter Thiel- as many others here have mentioned- does bring some very interesting points to the table. This however he managed to earn his money. Some smart people are rich, some are not. Some think a lot on these questions, others don't. My view.

Thank you!

The thumbnail at a glance looks like “An evening with Peter Thiel hosted by Christophah Moltisanti’

Peter Thiel is an amazing speaker! Awesome speech!

I just want more of him, I really do. He doesn’t speak half enough anymore.

27:00 peter can handle the business side

It's Peter Gregory!

Finding the secret to immortality. That’s what I call thinking big enough, being a contrarian and not accepting limitations. It’s kind of a given that we have to die. Well maybe actually we don’t, and science can fix that.

these shorts make my day

I wish I had as much faith in private enterprise to conduct cutting edge science and fund capital intensive projects as Mr. Thiel. This guy really does not like big government.

Wow they were discussing a "bubble" in 2014. 2014 looks like growth was just starting compared to 2021. At least Thiel was smart enough to say it was in govt and not in tech.

Brilliant!

After your own theories Mr Thiel, here some contrarian thoughts 1. globalization must slow down in order to improve innovation. Both concepts don't go well together think in the copycat problem. If a group of friends see each other every single day they will end up bored, they need to create divisions to explore and then come back with some news 2. we don't need too much further innovation to achieve wealth and happiness is more a problem of distribution of wealth that we need to tackle and employ technology for the best of the community and not for only one monopolistic group. From here that empowering technologies are flourishing. In oder words we don't need to oppress someone to achieve wealth. On the contrary we need to empower she/him. Think of a man who lives 1000 years, after all the social knowhow and wisdom he wouldn't have trouble being wealthy in any era of human history 3. the evolution of world civilization is actually predictable on the long time horizon so on that many visionaries have been able to do it, what is really difficult is to predict evolution on the short time horizon. This last statements go agains the principles of conventional forecasting and statistics. Thanks Mr Thiel for sharing with us that competition is for losers, though I believe many other people have known this secret for many years. I believe that when the great boxer Mayweather says: "hard work is easy work" he makes the same point 4. by definition many people will read my post won't agree which brings up the next point, democracy requires information technologies and artificial intelligence together in order to take us to the next golden era. The next breakthrough innovation must touch our political system!! The problem with it is that political sciences are not exact and therefore is difficult to achieve consensus. The only consensus we all may agree in is that the greatest bottleneck for innovation are regulations. It is a social integration challenge we are facing.

You are a genius Peter.

Peter thiel is my life long business mentor

Great one on monopolies ! 👏🏻👏🏿

Great man.

15:00 I've come back to this after three years. Thiel has so far said two things that caught notice today differently than they would have when I first viewed this in 2019. _There's a lot of ongoing innovation in the digital space._ 1000% correct. He said this before AlphaGo and ChatGPT ruptured the fabric of the known universe. _I think the 21st century will be a peaceful century._ Not trending in a good direction. On early returns, couldn't be more off base. This was in my notes about Thiel: I'm consistently thrilled by half of what he says, while losing my eyebrows over the other half of what he says. His book is titled _Zero to One,_ which for me averages out to a batting average of 0.500. That's actually a pretty good batting average when you swing for the fences a whole bunch, which Thiel certainly does.

he has that throaty tone like one of my engineering prof im university xD smart straight to giving point ofc

At least, he is honest, success is based on monopoly and secrets

The foundation of money is metaphysical, is All mystical ...

This is why ARRR pirate chain is soooo important. The only crypto private by default. Not to buy illegal things or drugs! It’s to keep your business dealing secret in a cashless society with open public ledgers

David Rowan is very good anchorman

58:10 - "gets put on a floating country" is funny because they actually did that 😭😆

So glad I develop in isolation.

"If you are copying these people, you are not learning from them." - PT on real entrepreneurs

Eric Weinstein: _3 rules for choosing an archnemesis_ (August 2019) * it should be somebody that you want to see in this world * it should be somebody that accepts you as their archnemesis * If you lose, you want them to win This is a tremendously hard list for the average person to satisfy. But I think the exercise is useful, nevertheless. Peter Thiel ticks me off with more of those boxes than most. Weinstein's mutuality requirement is a bit rich. Role models are typically a rung up the ladder, with a many:1 relationship to the rung below. True eye-level rivalries are pretty rare on the ground.

It's actually irritating how smart he is

This man is a genius. His company Palatir will rule the world. Im in!

Summary: if you do what everyone does, you will get the results that everyone gets.

what is the best way to make money from investing?

loved his view on college lol

You put Liechtenstein, but not Canada?

wealth is vast but knowing is half the differance

Refreshing dude

I have to disagree regarding the 1914 to 1971 precis which entirely bypasses the Marshall Plan which both rebuilt and indentured Western Europe for ideological reasons i.e. anti communist.I'll mention also that the First World represents post industrial developed nations within the sphere of USA influence,the Second World represents the Communist Bloc and the Third World represents the undeveloped remainder not yet within either sphere.

Highly underrated thinking and conceptual toolkits presented in this talk. Yes even in 2020.

please turn on auto generated captions

my new guru!

peter thiel "why me having a monopoly of power over you" is a good thing.

This Peter Thiel fellow will go far! -That’s my prediction.

took down Gawker in such harsh manner. Much respect for such conviction.

great talk

He needs to dive into the difference between monopoly in the free market VS monopoly gained using government force. Most monopolies we have seen are the latter from, so not very representative of a true free market monopoly. Look into the role regulations played during the industrial revolution.

I agree This is the Time to find or create answers to problems and never worry about Income again🦄🌈💯🚀🙏🏿✝️

Thought experiment at 45 minutes, "what would you do if you were in the white house?" Thiel is in the white house now.

4:12 "..tell me something that is true..that almost no one else agrees w/ you on" dude..this..& it applies to sooo many facts in general..but especially today most people are told what to think & like via mass commercial marketing when you hit them with something true but left field..they dont know wtf & that's the billion dollar resolution..giving 'em what they didnt know they needed

The internet age isn't a source for good or bad it just makes things faster. This includes competition, which moves faster with access to everything. I think it's a balance between whether big successful innovators need less cutthroat competition to advance technology vs. a healthy competitive environment in which many companies develop niches within a broader industrial space.

GOOGL paid £400M for Deep Mind. MSFT just paid £7.5B for Git Hub. Thoughts?

Good project

Paypal, Palantir, and Facebook are the best growth stocks

Thiel seems to be interested in things that go against conventional wisdom. I like that about him. He is one of the very interesting people in our time.

this is a meeting to 3 country road yesterday.

0:11 an amazing honour to introduce pizza

Competition Is For Losers... Best quote ever in the history of mankind.

What are the etiquettes of asking a question in an event?

French-Nepalese cuisine..nice idea Peter!

The problem with monopoly is that they force you to pay what they want

I really like the way he said "Thank You" after giving his 3 contrary answers.

I would like some practical advice as to how to move on professional after an absence of 4+ years? Transformation - does that mean I have to loose all that mattered? Still does? Customer focused person not money oriented but that becomes a byproduct of good service. Gill;Dx

Horizontal growth is not necessarily orthogonal to Vertical Growth in all contexts but I understand in the context of his semantic. I understand that vertical growth or technology implies newness and horizontal growth is globalization or copying. However, globalization is dependent on technology so its not orthogonal in all contexts. He smart but hes not a Gauss or Newton that is for sure.

this is great

Reminds me of Cryptonomicon by Neal Stephenson.

I thu=ink this man is a genius. but also he's got a lot of luck and got to know the correct people and to be born in the right spot.

Lots of successful companies are copies of earlier companies..

the college and catholic church analogy is funny. I think humanities need a college ed. but sciences like engineering can be learnt from text books and independent labs. Humanities need debate. But yes, college is more a rite of passage than a tangible life investment

I can’t believe how this was published 7 years ago. Blink of an eye, really.

7 minutes in and I get it. This is why he's a billionaire.