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I would not put much weight on this article. The fund is entirely private, it does not need to disclose its holdings in public government submitted documents. T
by hristov 4y ago
I would not put much weight on this article. The fund is entirely private, it does not need to disclose its holdings in public government submitted documents. This article does not cite any sources.
It is always a good idea to use a heavy doze of skepticism when confronted with statements about someone's brilliance at market timing. Especially when those statements are not backed by any evidence. Peter Thiel previously had to disclose more of his trading and, other than his decision to put half a million in a tiny startup called facebook made a long time ago, he has not shown any brilliant market timing.
- rwmj 4y agoIsn't it all on the public blockchain somewhere?
- cft 4y agoThe original source is two Financial Times San Francisco journalists: https://www.ft.com/content/0a1d5597-7145-4035-987b-ff033bba3d75 https://www.ft.com/content/0a1d5597-7145-4035-987b-ff033bba3...
- hristov 4y agoWho do not site their source.
- guywithahat 4y agoA blogger spamming their article. Alternatively Hacker News only lets you post a link once. So if someone posted the FT link at a bad time, you wouldn't be able to post it again and it wouldn't get exposure. This gives the link a second chance
- hristov 4y agoMy point is that even the original financial times article did not seem to cite sources as to the fact that Thiel sold his bitcoin in the middle of 2022.
- Kareem71 4y agoSomeone needs to build a browser extension that flags news links for which their main subject comes from an undisclosed source
- WJW 4y agoGo for it mate. Don't wait for someone else to do it.
- hristov 4y agoOh and by the way, Peter Thiel is an investor in Ycombinator who runs Hacker News so it is pretty much a given that any comment criticizing his brilliance will be downvoted immediately.
- rnk 4y agoLet's see if that is true. I don't think it is. Peter Thiel and the dark enlightenment is a bad thing for the world. NYT article. https://www.nytimes.com/2021/09/21/books/review/the-contrarian-peter-thiel-max-chafkin.html https://www.nytimes.com/2021/09/21/books/review/the-contrari... I'll never be a billionaire, but if I were, I hope I don't think the solution to all problems is pushing for things that benefit me personally.
- mrguyorama 4y agoTen minutes later and multiple downvotes on your post. I don't even know what could possibly be considered controversial in your post.
- rnk 4y agoIt's the next day and I'm still positive, above 0 ;-)
- lordfrito 4y agoYour sacrifice will not be in vain, I will tell your story.
- WeylandYutani 4y agoI never believed in the "tech douchebags are going to make the world better" hype but I can see the appeal for the general HN audience. Those who fund big tech are no different than those who fund big oil.