Hey I am on Medial • 6m
What a sheep herd.
Hey I am on Medial • 1y
Day 5 : Competition is for Losers - Insights from Peter Thiel (PayPal, Palantir, Founders Fund) • Aim for monopolies, not perfect competition • Capture massive value, don't just create it • Being the "last mover" dominating a market is better than
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Even when they know they are incorrect, people have a tendency to follow the ideas of others. According to Solomon Asch's tests, people were more prone to follow the herd and doubt themselves as the size of the group grew. Although this inclination a
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