Yes. We have a small holiday place in Lake Wanaka right down the road from Peter Thiel’s block of bare land and his substantial but not ludicrous holiday home.

Yes. We have a small holiday place in Lake Wanaka right down the road from Peter Thiel’s block of bare land and his substantial but not ludicrous holiday home. I suspect a fair few who planned on NZ as their international bolt hole are now a bit confused. They likely planned on a terrible catastrophe with enough warning to get here. Instead they received a minor catastrophe with air travel lock downs where even a private G650 is not permitted entry. I’m of the opinion that all this doomsday prepping by the wealthy is simply an unconventional insurance policy for extreme/unlikely events. Basic and moderate preparations for reasonable likelihood events makes great sense. Extreme preparations don’t make financial sense, but I suspect are done for the same reasons some people of lesser means seem to dangerously over invest in disaster preparation, it’s the perception of control and order amidst a macro environment they feel they cannot influence, control, or predict.