return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 months agoPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comexternal-linkmessage-square49fedilinkarrow-up1510arrow-down115
arrow-up1495arrow-down1external-linkPeter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fearswww.investing.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 months agomessage-square49fedilink
minus-squareReisen@sh.itjust.workslinkfedilinkEnglisharrow-up78arrow-down1·2 months agoi hate peter thiel but i also hate nvidia and tesla so i hope this ends out somehow being bad for everyone
minus-squarebuddascrayon@lemmy.worldlinkfedilinkEnglisharrow-up49·2 months agoMy bet is that he’s trying to start a panic in the markets. That way he can clean up on a short.
minus-squaresp3ctr4l@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3arrow-down1·edit-21 month agoI 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! … Maybe he had an ‘interesting chat’ recently, with Michael Burry. That would be ‘funny’.
minus-squarebuddascrayon@lemmy.worldlinkfedilinkEnglisharrow-up7·1 month agoI think it’s cute you believe that we live in a world where financial crimes are actually prosecuted.
minus-squaresp3ctr4l@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·1 month agoI remember Enron being prosecuted, we did at one point at least kind of pretend to give a shit. But uh… yeah…
minus-squareAgent641@lemmy.worldlinkfedilinkEnglisharrow-up13·1 month agoOh, it will. Bad for everyone human.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 month agoThe 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.
i hate peter thiel but i also hate nvidia and tesla so i hope this ends out somehow being bad for everyone
My bet is that he’s trying to start a panic in the markets. That way he can clean up on a short.
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!
… Maybe he had an ‘interesting chat’ recently, with Michael Burry.
That would be ‘funny’.
I think it’s cute you believe that we live in a world where financial crimes are actually prosecuted.
I remember Enron being prosecuted, we did at one point at least kind of pretend to give a shit.
But uh… yeah…
Oh, it will. Bad for everyone human.
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.