Sucks that even though I’m not invested in anything, when this pops I won’t be able to buy food. Thanks a lot, wealth and “security” chasers.
Hilarious that at the end of this specific article, for me, an ad popped up advertising AI investing 😂 Jesus we are so fucked
To shreds you say?
And how’s his wife?
The whole fucking thing needs to crash to the ground.
I thought we decided to not post stonks crap in here. It‘s what completely ruined the technology community over at Reddit before the entire site was ruined.
Unfortunately, these stocks being high are directly related to so much of the tech world being complete shit right now.
You see that is exactly the problem I have with these posts. You don‘t actually know if the trading portfolio of a mega evil asshole actually has any impact on the technology world. Stocks are just gambling and he could make the wrong move here. Like 90% of high traffic posts in r/technology was just random billionaires trading stocks at some point. It was utterly pointless.
While true, I gotta suspect that Peter Thiel, specifically, gets to peek under the hood before he makes his bets to a degree that most of us can only imagine.
Or he simply got cold feet because Nvidia‘s stocks didn‘t implode yet as far as I‘m aware. The truth is this is pure speculation just like the entire slop ma- excuse me, stock market. There are better communities for tinfoil hatters and rocket monkeys.
I want to see it, lemmys got a bigger problem with individuals trying to control what everyone else sees, you have many options like blocking the poster
The underlying story is the AI bubble that we all know will end badly. They are shoving lying and hallucinating AI on our devices and into our employment without consent. It’s going to come down, its a matter of when, not if.
Well if we gonna make a post every time some rich fucker sells tech stonks now it will quickly evolve into spam. I mean, we already know AI is overblown and we don‘t need to take a single glance at someone‘s portfolio to know that because this is a technology community and we‘re informed about what big tech keeps promising and underdelivering for 3 years straight.
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Peter Thiel sells his Tesla stake
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Telsa price goes up
Lolz. Lmao even.
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when you see the rats running from the end of the ship that’s settling a little lower in the water… that water ain’t outside the hull anymore.
Peter Thiel and Donald j Trump are both best friends with Jeffrey r Epstein and child rapists.
Hope he loses everything
Anyone hear a loud hissing sound?
Soo… gold and silver then? No clue how crypto is gonna hold up.
Nvidia has near monopoly on semiconductors. Even if Nvidia stocks crash, they will recover. I just trimmed my own shares on Nvidia to cushion the blow.
Even if Nvidia stocks crash, they will recover.
NVIDIA is up 1500% in two years, with a p/e ratio of 56 in a market that’s absolutely ravenous for semiconductors. The idea that the demand for semiconductors can flatline as data center production stales and NVIDIA’s valuation will just rebound to its current high is… well, it’s highly speculative what NVIDIA is going to do, but I wouldn’t bank on the current status quo.
If nothing else, it’s a stock that can safely be described as “overvalued”. Selling now isn’t a bad idea.
I do believe he is starting investments into new projects and needed liquid cash. I wouldn’t dig too deep into this.
