161–170 of 202 posts
https://www.nytimes.com/2025/11/11/business/dealbook/softban...
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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.
> I expect continued economic performance from a guy who went from nothing to... $25B I would expect a return to the mean
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He could be selling NVIDIA to buy OpenAI like SoftBank just did. It might not be a bubble exist but a re-positioning.
It's in Thiel's nature to make moves counter to Altman's. Certainly, he does not share Masa's (or PG's) weakness for the genii of the day. (Secretly despises, actually?) They are kinda nontechnical in the same way (chess or SaaS are equally relevant to the future), but what Thiel has passion for are flexible moral abstractions, not politics (the whys rather than the whats of winning)
This is way off base. Altman is basically a mentee of his, like Zuckerberg. They go way back, and they've both publicly praised each other quite recently. They're very close friends.
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It's in Thiel's nature to make moves counter to Altman's. Certainly, he does not share Masa's (or PG's) weakness for the genii of the day. (Secretly despises, actually?) They are kinda nontechnical in the same way (chess or SaaS are equally relevant to the future), but what Thiel has passion for are flexible moral abstractions, not politics (the whys rather than the whats of winning)
> It's in Thiel's nature to distance himself from Altman This is way off base. Altman is basically a mentee of his, like Zuckerberg. They go way back, and they've both publicly praised each other quite recently. They're very close friends.
To be concrete, he'd never consciously engage in the kind of circular financing or rentseeking that Altman/Zuck would be open to.
(also he has enough social aptitude not to take Altman on in public.)
Should we all buy stock in Nvidia now? It’s not like Peter Thiel is Warren Buffet or anything. And Warren Buffett is buying Alphabet.
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> It's in Thiel's nature to distance himself from Altman This is way off base. Altman is basically a mentee of his, like Zuckerberg. They go way back, and they've both publicly praised each other quite recently. They're very close friends.
I've already edited to say "make moves counter to Altman's". You are right, but Thiel thinks about progress in a fundamentally different, I'd argue opposite, way from Zuck or Altman. More aligned with Elon or Karp. Or even some of the Chinese. To be concrete, he'd never consciously engage in the kind of circular financing or rentseeking that Altman/Zuck would be open to. (also he has enough social aptitude not to tak…
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Reading his recent "Greta Thunberg Is The Antichrist" stuff leads me to believe the Peter Thiel: - Is deeply unscientific, coming across as a highfalutin paranoid QAnon; and - Has zero self-awareness That said, he has plenty of money and connections, so moves like these are likely well justified.
Detailed perspective from someone with insight into Thiel's thinking https://www.youtube.com/watch?v=-6LakOrqDL4&t=1s That watched, imho Thiel is interested in the post-Straussian tension between "thinking in the open" (ideal science) and "focussed value creation" (which is best done behind closed doors) AI as driven by premium mediocre Millennials combines the worst of both: lazy group-think promoted by stochastic p…
And yet, it is the most open societies that do best at value creation. It's almost as if the degree of cooperation and coordination between the individuals is more important to success than the insights of any one individual, even if they are as smart as Mr Theil believes himself to be.
Making $$$ & keeping them are 2 different skills. He's demonstrated the former 16B times, now he's demonstrating the latter. The big downside risk I see for Nvidia is a garage startup inventing a more efficient AI algo.... that only needs 20W to run.
I'd say he's wanting to lock in those gains. Diamond hands are different when you're up 100s of millions on a single stock.