What is Peter Thiel on about?

Here he's addressing HBS, but  he's said the same things other places.

Fundamentally:

Think on a LONGER TIME HORIZON.
What is your 20 year plan?
Come up with a plan, and be the Entrepreneur of your Life

Details

• Just Reducing Risk vs Specific Plans
• New Grads having no real ambition vs Peter saying people need to have a longterm plan
• 1 to n (growth of existing patterns) vs 0 to 1 (something new)
• Globalization vs Technology
• China vs California
• Law/Business School vs Engineering Education

Ask yourself:

1. What are the problems that exist in the world,
2. That other people are not working on

Peter thinks:

Starting new companies are the best way to solve a large range of these problems

There is a similarity between his argument and my thread of thought regarding our inability to focus on the longer term.  His speech makes me want to plan.