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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: 0.195s | 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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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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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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rafale ◴[16 Nov 25 22:30 UTC] No.45949057[source]▶
Did he close his position or just shutdown the fund?
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1. EarlKing ◴[18 Nov 25 17:48 UTC] No.45969607[source]▶
He shut down the whole fund. There was a press release about it a few days ago.