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212 points hypeatei | 1 comments | 16 Nov 25 21:19 UTC | HN request time: 0.001s | source

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jameslk ◴[16 Nov 25 22:04 UTC] No.45948847[source]▶

> That’s why Thiel rotated into Microsoft and Apple, tech giants with more diversified revenue streams, cloud scale, devices, and software.

These are supposed to be a hedge against a presumed AI bubble? Seems half hearted at best

replies(1): >>45948907 #

1. pinkmuffinere ◴[16 Nov 25 22:11 UTC] No.45948907[source]▶

>>45948847 #

He is diversifying away from a pure AI play. The amount of diversification is relatively low, so he probably still believes in AI, just feels it is slightly overhyped.

Personally I agree it’s too small of a move, but different people have different beliefs and different tolerance for risk.

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Peter Thiel sells off all Nvidia stock, stirring bubble fears