Comment on Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears

Reisen@sh.itjust.works ⁨4⁩ ⁨weeks⁩ ago

• buddascrayon@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  My bet is that he’s trying to start a panic in the markets. That way he can clean up on a short.

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  • sp3ctr4l@lemmy.dbzer0.com ⁨4⁩ ⁨weeks⁩ ago

    I would say I am fairly sure its some kind of afinancial crime to uh, short a company you have a material position in…

    But we live in ‘interesting times’, so… who knows!

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    • buddascrayon@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

      I think it’s cute you believe that we live in a world where financial crimes are actually prosecuted.

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      • sp3ctr4l@lemmy.dbzer0.com ⁨4⁩ ⁨weeks⁩ ago

        I remember Enron being prosecuted, we did at one point at least kind of pretend to give a shit.

        But uh… yeah…

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  • RalfWausE@blackneon.net ⁨4⁩ ⁨weeks⁩ ago

    Wouldn’t that be below somebody like Thiel? I mean, he is a professional and this seems a bit too much “amateurish”…

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    • Nalivai@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

      He believes that there is a bibilical antichrist alive right now, and he can stop it but also shouldn’t. He’s disconnected from reality so severely, he lives in a completely different world. The fact that he’s rich is not a testament of his professional capabilities, but to the fact that in current capitalist environment, the only prerequisite for being rich is to be lucky and have zero morals

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    • prole@lemmy.blahaj.zone ⁨4⁩ ⁨weeks⁩ ago

      This comment is a joke, right?

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      • RalfWausE@blackneon.net ⁨4⁩ ⁨weeks⁩ ago

        I don’t say it would MORALLY below him, quiet the contrary, but more from a skill level. Acting so obviously would be just amateurish.

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    • SaharaMaleikuhm@feddit.org ⁨4⁩ ⁨weeks⁩ ago

      Wouldn’t that be below somebody like Thiel?

      He asks about the anti christ

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    • incompetent@programming.dev ⁨4⁩ ⁨weeks⁩ ago

      Is this sarcasm or do you really believe it?

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• Agent641@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  Oh, it will. Bad for everyone human.

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• hayvan@feddit.nl ⁨4⁩ ⁨weeks⁩ ago

  It will end badly for us.

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• sugar_in_your_tea@sh.itjust.works ⁨4⁩ ⁨weeks⁩ ago

  The best case, I think, is for Nvidia and Tesla to do well in the short term (next 6 months or so) and then crash. That way Thiel and most people following his investment advice get to eat it, but the bubble doesn’t stay propped up for too long.

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