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Peter Thiel Quotes: Under perfect competition, in the long run no company makes an economic profit.
         

Under perfect competition, in the long run no company makes an economic profit.


Peter Thiel
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"Peter Thiel Quotes." Quoteslyfe.com, 2024. Wed. 25 Dec. 2024. <https://www.quoteslyfe.com/quote/Under-perfect-competition-in-the-long-run-953955>.





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Other quotes of Peter Thiel


Today's 'best practices' lead to dead ends; the best paths are new and untried.

Today's 'best practices' lead to dead ends; the best paths are new and untried.



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

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



I no longer believe that freedom and democracy are compatible.

I no longer believe that freedom and democracy are compatible.



The most successful businesses have an idea for the future that's very different from the present.

The most successful businesses have an idea for the future that's very different from the present.



I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.

I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.



Every business is successful exactly to the extent that it does something others cannot.

Every business is successful exactly to the extent that it does something others cannot.



In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.

In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.



The most fundamental reason that even businesspeople underestimate the importance of sales is the systematic effort to hide it at every level of every field in a world secretly driven by it.

The most fundamental reason that even businesspeople underestimate the importance of sales is the systematic effort to hide it at every level of every field in a world secretly driven by it.



Of the six people who started PayPal, four had built bombs in high school.

Of the six people who started PayPal, four had built bombs in high school.



Monopoly is the condition of every successful business.

Monopoly is the condition of every successful business.





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The self-realized spirit is merely a spirit emancipated from fear, judgement and knowing.




I have a lot of memories of Falls Church. I went to grade school in Madison Elementary School.

I have a lot of memories of Falls Church. I went to grade school in Madison Elementary School.



In order to solve problems, information has to be shared; and not only information, but doubts, fears and questions.

In order to solve problems, information has to be shared; and not only information, but doubts, fears and questions.



Music is the voice of God traveling through ten-dimensional hyperspace.

Music is the voice of God traveling through ten-dimensional hyperspace.



Confidence is the sweet spot between arrogance and despair-consisting of positive expectations for favorable outcomes.

Confidence is the sweet spot between arrogance and despair-consisting of positive expectations for favorable outcomes.



Find your own style. Don't spend your savings trying to be someone else. You're not more important, smarter, or prettier because you wear a designer dress.

Find your own style. Don't spend your savings trying to be someone else. You're not more important, smarter, or prettier because you wear a designer dress.



Andre Dawson has a bruised knee and is listed as day-to-day. Aren't we all?

Andre Dawson has a bruised knee and is listed as day-to-day. Aren't we all?



Everything is perfect in the universe - even your desire to improve it.

Everything is perfect in the universe - even your desire to improve it.



Maids want nothing but husbands, and when they have them, they want everything.

Maids want nothing but husbands, and when they have them, they want everything.




Quote Description


This page presents the quote "Under perfect competition, in the long run no company makes an economic profit.". Author of this quote is Peter Thiel. This quote is about economic, perfect, long, competition, profit, company, running,.