Earlier quoted context omitted.
Pretty much all of Thiel's investing thesis is to invest in things that are statistically on track to fail, but whose payoff if they succeed is greater than most people imagine. PayPal, Facebook - both of these were terrible ideas when they came out (along with a number of other ones that did, in fact, fail). His idea is that people consistently mis-price risk, and so investing in a portfolio where everyone else thin…
Actually if he loses, he becomes the first investor in a ultra conservative right-wing media empire, Trump Media, which appears to already have quite a large following.
Trump isn't conservative. He's a big government populist. Completely different despite him having an 'R' next to his name.
He is about as close to Cruz as Sanders was to Clinton (in terms of policy philosophy.)
By the way, I understand downvotes because I mentioned Cruz in a positive way, however let's keep in mind that we can disagree with economic philosophy and role of government and still be friends!
I want a flat tax and a repeal of FATCA and Cruz was the only candidate that supported that. If some Democrat comes along with that proposal, they'd get my vote too.
FATCA and it's unintended consequences have caused serious harm to many Americans overseas, so that was my primary issue this election.
The only reason I support the RNC this election is because they have FATCA repeal in the platform while the Democrat side both enacted FATCA as wel as expressed support for continuing it.
Here's an article that delves deeper into FATCA if anyone is interested: http://www.economist.com/news/finance-and-economics/21605911...