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That is very interesting. There was a recent interview of Jeff Bezos where he was asked to comment about Peter Thiel. He said Peter Thiel is a Contrarian. He t
by stillworks 10y ago
That is very interesting.
There was a recent interview of Jeff Bezos where he was asked to comment about Peter Thiel. He said Peter Thiel is a Contrarian. He then said that Conventional Wisdom is generally right and Contrarians are generally wrong, but when Contrarians are right they are right in a massive massive way !
- cneumuel 10y agoThis reminds me of Nassim Taleb's barbell risk management strategy: Avoid the middle in favor of the extremes. For investments, it means a combination of very conservative plus some high risk investments to win big. He applies it to many other areas, though, including health and politics.
- deleted 10y ago[deleted]