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Re: undefined

#61
post #32
post #17

Politics aside. What does it say about his judgement to continue investing in something that is statistically on track to fail. Not only that, but its also a toxic brand to attach yourself to. Or do we just put this in the "expensive new hobby" section and leave it at that. ---- Update: I want to hijack my own comment to ponder something. As someone with no money and no influence, I find it hard to think about how to…

Trump isn't nearly as far behind as you may think: http://graphics.latimes.com/usc-presidential-poll-dashboard/ Yes, this poll is an outlier because their methodology is very different than most other polls. Yes, Nate Silver has a very different outlook on the election, but Nate Silver was also not very reliable during the primary season (although that is, by his admission, because primaries don't have very good poll…

It is the height of stupidity to believe in any one poll. Especially that one which has had major issues with sampling:

http://www.nytimes.com/2016/10/13/upshot/how-one-19-year-old...

There are plenty of aggregation sites which are far better at smoothing out any issues:

http://www.nytimes.com/interactive/2016/upshot/presidential-...

They all show Trump losing in a landslide with Clinton getting around 330 EC votes.

Re: undefined

#62
post #41

I'm genuinely curious what the rational for Thiel is in doing this. He's a smart guy, but I just don't see the ROI. At this point, it seems very unlikely that Trump will get elected. So Thiel isn't getting access to a future President. Plus, in addition to the monetary cost of the donation there's definitely a very real reputational cost. A lot of people in SV hate Trump and are completely mystified as to Thiel's sup…

Small chance of making it to the Supreme Court? http://m.huffpost.com/us/entry/us_57d80d57e4b09d7a687f9b03/a... ?

> Small chance of making it to the Supreme Court?

That honestly does not seem like a very compelling reason. I think Thiel can easily have a bigger impact on the world outside the Supreme Court.

Re: undefined

#63
post #32

Earlier quoted context omitted.

Trump isn't nearly as far behind as you may think: http://graphics.latimes.com/usc-presidential-poll-dashboard/ Yes, this poll is an outlier because their methodology is very different than most other polls. Yes, Nate Silver has a very different outlook on the election, but Nate Silver was also not very reliable during the primary season (although that is, by his admission, because primaries don't have very good poll…

Regarding that poll specifically: http://mobile.nytimes.com/2016/10/13/upshot/how-one-19-year-...

Their response: http://www.latimes.com/politics/la-na-pol-daybreak-poll-ques...

Where they eliminated that one 19 year old, and saw very little effect on the poll.

Re: undefined

#65

I'm genuinely curious what the rational for Thiel is in doing this. He's a smart guy, but I just don't see the ROI. At this point, it seems very unlikely that Trump will get elected. So Thiel isn't getting access to a future President. Plus, in addition to the monetary cost of the donation there's definitely a very real reputational cost. A lot of people in SV hate Trump and are completely mystified as to Thiel's sup…

I've always found the right-libertarian philosophy to be extremely confused. They want freedom to do whatever they want but they also want to base everything off of capitalism which by definition means you can't do whatever you want unless you're rich. It just doesn't make any sense (unless of course you're already a billionaire in which case your world is already quite libertarian in reality).

Re: undefined

#66
post #32

Earlier quoted context omitted.

Trump isn't nearly as far behind as you may think: http://graphics.latimes.com/usc-presidential-poll-dashboard/ Yes, this poll is an outlier because their methodology is very different than most other polls. Yes, Nate Silver has a very different outlook on the election, but Nate Silver was also not very reliable during the primary season (although that is, by his admission, because primaries don't have very good poll…

It is the height of stupidity to believe in any one poll. Especially that one which has had major issues with sampling: http://www.nytimes.com/2016/10/13/upshot/how-one-19-year-old... There are plenty of aggregation sites which are far better at smoothing out any issues: http://www.nytimes.com/interactive/2016/upshot/presidential-... They all show Trump losing in a landslide with Clinton getting around 330 EC votes.

USC's response to this: http://www.latimes.com/politics/la-na-pol-daybreak-poll-ques...

Re: undefined

#67

I'm genuinely curious what the rational for Thiel is in doing this. He's a smart guy, but I just don't see the ROI. At this point, it seems very unlikely that Trump will get elected. So Thiel isn't getting access to a future President. Plus, in addition to the monetary cost of the donation there's definitely a very real reputational cost. A lot of people in SV hate Trump and are completely mystified as to Thiel's sup…

Has Thiel described himself as "libertarian" recently? Even if he has, I'm not sure he means it in the same sense as the general population.

I like Samuel Hammond's analysis. His shorthand for Thiel's political philosophy is "corporate feudalism":

https://medium.com/@hamandcheese/why-peter-thiels-endorsemen...

https://medium.com/soapbox-dc/peter-thiels-plan-to-become-ce...

Strange to be investing this late in the race though.

Re: undefined

#68
post #32
post #17

Politics aside. What does it say about his judgement to continue investing in something that is statistically on track to fail. Not only that, but its also a toxic brand to attach yourself to. Or do we just put this in the "expensive new hobby" section and leave it at that. ---- Update: I want to hijack my own comment to ponder something. As someone with no money and no influence, I find it hard to think about how to…

Trump isn't nearly as far behind as you may think: http://graphics.latimes.com/usc-presidential-poll-dashboard/ Yes, this poll is an outlier because their methodology is very different than most other polls. Yes, Nate Silver has a very different outlook on the election, but Nate Silver was also not very reliable during the primary season (although that is, by his admission, because primaries don't have very good poll…

You've cherry-picked the one outlier.

It's, of course, very possible that "this time it's different" as they say every time. He is certainly an unconventional candidate. However, I'll throw my lot in every time with the MANY polls who are trying to account for this, and the MANY poll aggregators who are trying to make sense out of this madness.

I think 538 was actually quite reliable during the primary season. Pretty much bang on, in fact.

Everything they said anti-trump was basically opinion and they have been roundly chastised (as deserved) for treating punditry as fact.

Re: undefined

#69

Earlier quoted context omitted.

But why is he making the donation now? That logic would have made a lot more sense when Trump's odds looked a lot better. You have to multiply the upside by its (low) probability. I also think the reputational cost is more severe than you let on: look at what happened to Brendan Eich, and his "crime" was a lot less than supporting Trump.

I didn't know about Brendan Eich. That makes me angry. He made a personal decision to donate a small amount to Prop 8, and extreme political activists completely annihilated him and forced him out of his job. "Critics of Eich within Mozilla tweeted to gay activists that he had donated $1,000 to California Proposition 8, which banned same-sex marriage in California until 2013, when it was declared unconstitutional and…

> I didn't know about Brendan Eich. That makes me angry.

It makes me angry too, but also raises (for me) some interesting political questions around what level of disagreement is "too far." I would never fire someone for being a Republican and personally/privately opposing gay marriage. But I would also immediately fire someone if they were a Nazi. So where is the line if what's an acceptable level of tolerance (and where does Trump fall on it)?

Re: undefined

#70
post #17

Politics aside. What does it say about his judgement to continue investing in something that is statistically on track to fail. Not only that, but its also a toxic brand to attach yourself to. Or do we just put this in the "expensive new hobby" section and leave it at that. ---- Update: I want to hijack my own comment to ponder something. As someone with no money and no influence, I find it hard to think about how to…

I think it's very difficult to find truly unbiased statistics on this. Every current well-known analyst has been repeatedly egregiously wrong on the matter throughout this election cycle.

On matters of opinion, ABSOLUTELY. On matters of polling, absolutely false. Even Brexit was predicted by the polls, it just didn't happen until a week before the vote. (It's worth noting, of course, the same could happen here. And that's probably what Thiel is counting on).
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