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    Peter Thiel sells off all Nvidia stock, stirring bubble fears

    (www.thestreet.com)
    212 points hypeatei | 11 comments | 16 Nov 25 21:19 UTC | HN request time: 0.728s | source | bottom
    1. FrankWilhoit ◴[16 Nov 25 21:24 UTC] No.45948531[source]▶
    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.
    replies(7): >>45948633 #>>45948737 #>>45948821 #>>45948905 #>>45949080 #>>45949253 #>>45949468 #
    2. bamboozled ◴[16 Nov 25 21:36 UTC] No.45948633[source]▶
    So not 4d chess ?
    3. zafarrancho ◴[16 Nov 25 21:50 UTC] No.45948737[source]▶
    Interesting. Do you have any examples?
    4. scrps ◴[16 Nov 25 22:01 UTC] No.45948821[source]▶
    I always thought the opposite was true like whales breaking up orders for various reasons like not moving the market too much over things like portfolio adjustments, secrecy, etc?
    replies(1): >>45948938 #
    5. ◴[16 Nov 25 22:11 UTC] No.45948905[source]▶
    6. ralfd ◴[16 Nov 25 22:15 UTC] No.45948938[source]▶
    I guess his fund did obfuscate the selling, or the selloff would have been known before the legally required disclosure.
    7. BurningFrog ◴[16 Nov 25 22:33 UTC] No.45949080[source]▶
    "Someone like this" leaves a ton to the reader's imagination.
    replies(2): >>45949323 #>>45957583 #
    8. markus_zhang ◴[16 Nov 25 23:02 UTC] No.45949253[source]▶
    Maybe this?

    Finance is the gun. Politics is to know when to pull the trigger!

    9. nine_k ◴[16 Nov 25 23:14 UTC] No.45949323[source]▶
    A billionaire, especially a somehow secretive one. There are thousands of "people like this" to choose from, dozens of them with some publicity.
    10. amelius ◴[16 Nov 25 23:34 UTC] No.45949468[source]▶
    Or maybe he just found out he suffers from some incurable disorder and now needs the money to build research centers to find a cure, because AI won't help obviously.
    11. afroboy ◴[17 Nov 25 20:01 UTC] No.45957583[source]▶
    Evil billionaire, really evil one.