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Peter Thiel sells off all Nvidia stock, stirring bubble fears

(www.thestreet.com)
212 points hypeatei | 9 comments | 16 Nov 25 21:19 UTC | HN request time: 0.917s | source | bottom
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iammjm ◴[16 Nov 25 22:15 UTC] No.45948940[source]▶
Peter Thiel the guy that believes that the literal biblical antichrist is walking amongst us? How much rational thought can one really expect from this guy? I am not questioning AI being a good investment or not, I am questioning this dude's sanity
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1. EarlKing ◴[16 Nov 25 22:19 UTC] No.45948968[source]▶
Then how about SoftBank[1]... are they irrational? Or Michael Burry[2] who shorted Nvidia and Palantir before concluding the market is once against being irrational and selling his positions and closing his hedge fund... is he irrational?

The people in a position to know are telling you something: This is a Bubble, and they're getting the hell out while they're ahead. You should do the same.

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[1] https://www.cnbc.com/2025/11/11/softbank-sells-its-entire-st...

[2] https://finance.yahoo.com/news/big-shot-michael-burrys-ai-14...

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2. thrwaway55 ◴[16 Nov 25 22:25 UTC] No.45949018[source]▶
Burry was underwater on that trade though and likely did it to avoid some paperwork revealing positions. He folded because he can't time it, if he was confident he was right he wouldn't have folded and we'd have another movie about him.
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3. rafale ◴[16 Nov 25 22:30 UTC] No.45949057[source]▶
Did he close his position or just shutdown the fund?
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4. jasonlotito ◴[16 Nov 25 22:31 UTC] No.45949065[source]▶
Softbank sold all of Nvidia in 2019. Look how that turned out for them.

> SoftBank’s Vision Fund was an early backer of Nvidia, reportedly amassing a $4 billion stake in 2017 before selling all of its holdings in January 2019. Despite its latest sale, SoftBank’s business interests remain heavily intertwined with Nvidia’s.

Further, ″[SoftBank] made a point of saying that it wasn’t any view on NVIDIA. ... At the end of the day, they are using the money to invest in other AI related companies,” he said.

Make of that what you will, but asking "are they irrational?" needs to answer with more than just "Softbank sold all of Nvidia again."

Both of these come from the link you provided.

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5. ◴[16 Nov 25 22:48 UTC] No.45949171[source]▶
6. sharklasers123 ◴[16 Nov 25 22:58 UTC] No.45949232[source]▶
- SoftBank Vision Fund Founded 2017 [1] - Nvidia Founded 1993 [2]

Strange definition of “early backer of Nvidia”.

[1] https://en.wikipedia.org/wiki/SoftBank_Vision_Fund [2] https://en.wikipedia.org/wiki/Nvidia

7. lisbbb ◴[16 Nov 25 23:08 UTC] No.45949295[source]▶
If I going to bank with someone, I want it to be more aggressive. Hard Bank is what I'm talking about--a bank with cojones.
8. NicoJuicy ◴[16 Nov 25 23:09 UTC] No.45949299[source]▶
I don't think it's a bubble.

Thiel sold Palantir which is ridiculously overrated ( 1740.10 pe ).

Additionally, NVIDIA is going to get some competition for AMD. Or even Broadcom ( see TPU's from Alphabet)

He bought Microsoft, which has both AMD and NVIDIA for inference.

His sales aren't about selling AI. Just some bets cashing out.

Microsoft, Amazon, ... All can't build infrastructure quickly enough and they even admit in quarterly earnings that it's a bottleneck for now.

And they all grew a lot ( 20-40% )

9. EarlKing ◴[18 Nov 25 17:48 UTC] No.45969607{3}[source]▶
He shut down the whole fund. There was a press release about it a few days ago.