Is Peter Thiel a communist? Quote of the day.

You have to think of companies like Microsoft or Oracle or Hewlett-Packard as fundamentally bets against technology. They keep throwing off profits as long as nothing changes. Microsoft was a technology company in the ’80s and ’90s; in this decade you invest because you’re betting on the world not changing. Pharma companies are bets against innovation because they’re mostly just figuring out ways to extend the lifetime of patents and block small companies.

http://pipeline.corante.com/archives/2014/09/19/peter_thiels_uncomplimentary_views_of_big_pharma.php