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Peter Thiel: Think of the future on three horizons
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Peter Thiel: Think of the future on three horizons
“What you end up doing when you think of the future as indefinite is you pick a job that will be good on your resume because it will then lead to a different job later on.”
Instead of viewing the future as indefinite, Thiel suggests that the students in the audience think of the future on three horizons: short term, medium term, and long term.
Very short term is: Are you going to be happy and will you be learning a lot?
Very long term is: Are you working on something important or meaningful?
“I think we are in a skewed world where we overweight the medium term, and we underweight some combination of the short term and the long term.”
Thiel would recalibrate it to:
“Focus on some combination of short term and long term. And forget about the medium term.”