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When someone like this does something like this, it is not an economic act. It is a signal of some kind, a move in an opaque chess game, whose players are nowhere near as smart as they think they are.
Peter Thiel the guy that believes that the literal biblical antichrist is walking amongst us? How much rational thought can one really expect from this guy? I am not questioning AI being a good investment or not, I am questioning this dude's sanity
When it comes to his Antichrist schtick I say "takes one to know one". Also, Thiel seems like the sort of guy with the money and connections to pop the AI bubble whenever he believes it'd be advantageous, whether that is the product of a rational mind seems to be beside the point.
…and has been known to cause bank runs
> Over 537,000 shares, which represent nearly 40% of the entire portfolio @190/share this is $102 million Also: > Vistra Energy, another 19% chunk, was wiped out as well. > Moreover, the fund’s turnover hovered over 80%, leaving just three holdings: Tesla, Microsoft, and Apple. Some would argue that tesla is a bigger bubble. > his personal net worth is an eye-popping $16.3 billion as of 2025.
> Over 537,000 shares, which represent nearly 40% of the entire portfolio @190/share this is $102 million Also: > Vistra Energy, another 19% chunk, was wiped out as well. > Moreover, the fund’s turnover hovered over 80%, leaving just three holdings: Tesla, Microsoft, and Apple. Some would argue that tesla is a bigger bubble. > his personal net worth is an eye-popping $16.3 billion as of 2025.
Ya Im shocked he continues to hold Tesla…
Peter Thiel the guy that believes that the literal biblical antichrist is walking amongst us? How much rational thought can one really expect from this guy? I am not questioning AI being a good investment or not, I am questioning this dude's sanity
Empirically, I don't think Christians do worse investments than us atheists, so rationally speaking I don't think it's much of a factor.
Peter Thiel the guy that believes that the literal biblical antichrist is walking amongst us? How much rational thought can one really expect from this guy? I am not questioning AI being a good investment or not, I am questioning this dude's sanity
It’s a bubble. Buy low and sell high. Right now, holding cash is the safe option. You can predict that the bubble will burst, but not when. However with the US being run by someone who is poking everything with sharp implements I think it bursts sooner.
Peter Thiel the guy that believes that the literal biblical antichrist is walking amongst us? How much rational thought can one really expect from this guy? I am not questioning AI being a good investment or not, I am questioning this dude's sanity
So if the whale is dumping, maybe smaller investors will dump too. Maybe we should too.
Peter Thiel the guy that believes that the literal biblical antichrist is walking amongst us? How much rational thought can one really expect from this guy? I am not questioning AI being a good investment or not, I am questioning this dude's sanity
Is there an opposite to the halo effect? Stupidity in one area doesn't mean they're stupid in another Judge him based on his investing skill here
Peter Thiel the guy that believes that the literal biblical antichrist is walking amongst us? How much rational thought can one really expect from this guy? I am not questioning AI being a good investment or not, I am questioning this dude's sanity
I expect continued economic performance from a guy who went from nothing to... $25B was the latest number I heard. Empirically, I don't think Christians do worse investments than us atheists, so rationally speaking I don't think it's much of a factor.