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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: 0.001s | source
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buybuybuy ◴[16 Nov 25 21:43 UTC] No.45948682[source]▶
Should we all buy stock in Nvidia now? It’s not like Peter Thiel is Warren Buffet or anything. And Warren Buffett is buying Alphabet.
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TheAlchemist ◴[16 Nov 25 22:10 UTC] No.45948887[source]▶
Warren Buffett is buying Alphabet out of neceessity - he already sold most of what he could sell and has way too much cash on hand - he just need to buy 'something' - Alphabet seems like the least overvalued big stock out there.
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1. drumhead ◴[17 Nov 25 00:02 UTC] No.45949683[source]▶
Berkshire is sitting on nearly $350 billion in cash. One of the ratio's that Buffet uses to measure overvaluation, Wilshire 2000 Market Cap as a % of GDP is at an all time, 220%. Its usually a good indicator of a market top. He's making a few small investments, but he's just waiting until there's more of sell off before heading back in. He's under no pressure to buy anything.