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Peter Thiel sells off all Nvidia stock, stirring bubble fears

(www.thestreet.com)
212 points hypeatei | 1 comments | 16 Nov 25 21:19 UTC | HN request time: 0.209s | source
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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. ajross ◴[16 Nov 25 22:41 UTC] No.45949126[source]▶
The news is that a whale is dumping, not that the whale is making a rational decision. We all know the market isn't rational in the short term, merely efficient in the long term. And we all suspect (as does Thiel!) that NVDA is unsustainably priced.

So if the whale is dumping, maybe smaller investors will dump too. Maybe we should too.