Competition is for losers: If you want to create and capture lasting value, build a monopoly, writes @PeterThiel http://on.wsj.com/Zjpcpj @WSJ
@vze26m98 better to read as "business creating value for which there is no good substitute". Also "don't compete blindly, war is bad" etc.
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@DanielleFong Theil: GOOGL "successful enough to take ethics seriously w/o jeopardizing its existence." No cause for benign monopoly then.Thanks. Twitter will use this to make your timeline better. UndoUndo
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