@goodalexander: Thiel told me trends weren't interesting, then sells the top

I met with Peter Thiel once I pitched him on a system to detect trends he told me it wasn't interesting because by the time a trend is in place, it means that it's likely overvalued I thought I learned a lost then he top blasted all his previous investments and turbo printed this was probably the first time I internalized that powerful people have no real reason to tell you the truth behind their process. you can just say things. You can show up to Market Wizards and fabricate your entire process and nobody will know. all rhetoric is just a methodology to reach an objective, especially with the powerful, there is zero truth value applies to many areas of life TruthCels will read Warren Buffet's newsletter and buy value stocks and underperform for decades while Buffett full ports AAPL at 26x earnings and sells the highs everything you think you've learned from people is probably just some sht they said in the moment, either to give them a compliance benefit. cheapen a deal. meme a founder into doing something. who knows you certainly don't. I certainly don't. the only data worth anything is first party study / collection