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Peter Thiel Quotes: A true bubble is when something is overvalued and intensely believed.
         

A true bubble is when something is overvalued and intensely believed.


Peter Thiel
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"Peter Thiel Quotes." Quoteslyfe.com, 2024. Wed. 24 Apr. 2024. <https://www.quoteslyfe.com/quote/A-true-bubble-is-when-something-is-953941>.




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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.



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.



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.





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Anyone who needs more than one suitcase is a tourist, not a traveler

Anyone who needs more than one suitcase is a tourist, not a traveler



The radiance in some places is so great as to be fairly dazzling . . . every crystal every flower a window opening into heaven a mirror reflecting the Creator.

The radiance in some places is so great as to be fairly dazzling . . . every crystal every flower a window opening into heaven a mirror reflecting the Creator.



I am a working woman with a secret life: I keep house.

I am a working woman with a secret life: I keep house.



The longing to be holy makes us weep, and we trust tears since they are made of water and come from our body, a double blessing.

The longing to be holy makes us weep, and we trust tears since they are made of water and come from our body, a double blessing.



Race prejudice is a gift of nature, intended to preserve in purity the various divisions of mankind which the ages have evolved.

Race prejudice is a gift of nature, intended to preserve in purity the various divisions of mankind which the ages have evolved.



The idea becomes a machine that makes the art.

The idea becomes a machine that makes the art.



As long as you think the problem is out there, that very thought is the problem

As long as you think the problem is out there, that very thought is the problem



Pretend to be weak, so your enemy may grow arrogant.

Pretend to be weak, so your enemy may grow arrogant.



I want people who are going to rock out for the duration.

I want people who are going to rock out for the duration.




Quote Description


This page presents the quote "A true bubble is when something is overvalued and intensely believed.". Author of this quote is Peter Thiel. This quote is about bubbles,.