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Apple (company) is hindred by its own success — you already have $150 billion a year in revenues from the iPhone, it's very hard to come up with any new vertical that will sort of move the dial. And there's this sort of weird effect where the larger a company gets, the harder it is to come up with any new product that really moves the dial.

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Bitcoin is like a hedge of sorts against the whole world falling apart.

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Business is a long-term concern — if you focus on near-term growth above all else, you miss the most important question you should be asking: will this business still be around a decade from now?

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CEO pay is inversely correlated to a company's success — A company does better the less it pays the CEO.

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Competition is for losers — all failed companies are the same: they failed to escape competition.

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Globalization is a movement of people's (immigration policy), movement of goods (trade policy), movement of money (bank regulation), and movement of ideas (the internet).

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Higher education is an institution that holds itself out as a kind of universal church, outside of which there is no salvation.

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Higher education is essentially paying hundreds of thousands of dollars in skyrocketing tuition for the privilege of being turned into conformists.

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Innovation has been hindered, in fact, basically outlawed in the last 40 years, in part because of environmentalism, in part because of risk aversion.