> Trump was essentially a five million dollar contrarian put option See, this is what distinguishes the SV circle jerk bubble from Peter Thiel. Trump was not,

> Trump was essentially a five million dollar contrarian put option See, this is what distinguishes the SV circle jerk bubble from Peter Thiel. Trump was not, in fact, a contrarian put option. Many companies are extremely hopeful about a future under Trump rather than Hillary; this is reflected in the extremely bullish market since Trump's election. Everyone in SV flounders around thinking "how could Trump be a good thing? how could anyone ever bet on him? he's a sexist/racist/xenophobe!" Perhaps SV is right that Trump is truly [X|Y|Z], but they are wrong in thinking that it has so much weight on the economy. It is clearly not the case that the consensus is a Trump presidency will ravage the economy---good sentiment about a future under him is literally baked into the price of the S&P 500. Peter Thiel's bet on Trump was only contrarian in places like Sillicon Valley.