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0 pointsjdc9y ago0 comments

According to Peter Thiel (in CS183), this lack of long term plan is a symptom of people believing that the future is indeterminate[1].

1. http://blakemasters.com/post/23435743973/peter-thiels-cs183-... (Section I. The End of Big Projects)

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scott_karana9y ago

Admittedly, that belief was driven by the repercussions of failed bets on the future. Just look at pension contributions and retirement returns from the 60s to the 80s.

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