4 ms·

I expect continued economic performance from a guy who went from nothing to... $25B was the latest number I heard. Empirically, I don't think Christians do wor

I expect continued economic performance from a guy who went from nothing to... $25B was the latest number I heard. Empirically, I don't think Christians do worse investments than us atheists, so rationally speaking I don't think it's much of a factor.

bawolff 11mo ago
> I expect continued economic performance from a guy who went from nothing to... $25B I would expect a return to the mean
- manmal 11mo ago
  But why? He seems to know the right people, and is, uhm, ruthless - nothing changed.
  - bawolff 11mo ago
    I'll admit that im not all that familiar with his business dealings, but from what i understand most of his fortune comes from paypal, facebook and plantir. That's three high risk investments that really paid off. Impressive but at the end of the day, luck probably paid a big part as its a small number of very high yield investments. Over time i would expect his luck to balance out. I'm not saying he's going to lose all his money, but i'd expect it to grow at a more normal rate over the long term. I think its unlikely he will continue striking it rich in such a dramatic fashion over the long term.
    - BurningFrog 11mo ago
      Crunchbase lists a few hundred of his investments: https://www.crunchbase.com/person/peter-thiel https://www.crunchbase.com/person/peter-thiel He's also written several books. "Zero to One" is very influential: https://www.amazon.com/stores/Peter-Thiel/author/B00J0W47NA https://www.amazon.com/stores/Peter-Thiel/author/B00J0W47NA
- BurningFrog 11mo ago
  He's been making big bucks for 30 years. That is his mean.
advael 11mo ago
"From nothing" is a fairly suspect claim, but your overall point is a good one
- BurningFrog 11mo ago
  Rounded to the nearest $0.001B, I think it's correct.
churchill 11mo ago
[dead]
gopher_space 11mo ago
How can you tell he’s a Christian? I only know him by his works.
- andsoitis 11mo ago
  > How can you tell he’s a Christian? Thiel has said so.
- thrance 11mo ago
  He wrote a long rant about Greta Thunberg being the antichrist. I think that places him more in the "insane" box than the "christian" one, but still.
  - nurettin 11mo ago
    The irony is killing me.
    - literalAardvark 11mo ago
      He misnomers a very special definition of antichrist that probably would include Greta (anyone who could encourage mass collectivism). Which would make him hilariously unaware of the irony of the antichrist saying someone else is the antichrist.
lostmsu 11mo ago
> Empirically, I don't think Christians do worse investments than us atheists, so rationally speaking I don't think it's much of a factor. Hm, why not? Like obviously it would be hard to do a study because you can't just control by wealth. But if you control by the level of education and stop at that I'm almost certain christians would lose.

bawolff 11mo ago

> I expect continued economic performance from a guy who went from nothing to... $25B I would expect a return to the mean

manmal 11mo ago
But why? He seems to know the right people, and is, uhm, ruthless - nothing changed.
- bawolff 11mo ago
  I'll admit that im not all that familiar with his business dealings, but from what i understand most of his fortune comes from paypal, facebook and plantir. That's three high risk investments that really paid off. Impressive but at the end of the day, luck probably paid a big part as its a small number of very high yield investments. Over time i would expect his luck to balance out. I'm not saying he's going to lose all his money, but i'd expect it to grow at a more normal rate over the long term. I think its unlikely he will continue striking it rich in such a dramatic fashion over the long term.
  - BurningFrog 11mo ago
    Crunchbase lists a few hundred of his investments: https://www.crunchbase.com/person/peter-thiel https://www.crunchbase.com/person/peter-thiel He's also written several books. "Zero to One" is very influential: https://www.amazon.com/stores/Peter-Thiel/author/B00J0W47NA https://www.amazon.com/stores/Peter-Thiel/author/B00J0W47NA
BurningFrog 11mo ago
He's been making big bucks for 30 years. That is his mean.

advael 11mo ago

"From nothing" is a fairly suspect claim, but your overall point is a good one

BurningFrog 11mo ago
Rounded to the nearest $0.001B, I think it's correct.

churchill 11mo ago

[dead]

gopher_space 11mo ago

How can you tell he’s a Christian? I only know him by his works.

andsoitis 11mo ago
> How can you tell he’s a Christian? Thiel has said so.
thrance 11mo ago
He wrote a long rant about Greta Thunberg being the antichrist. I think that places him more in the "insane" box than the "christian" one, but still.
- nurettin 11mo ago
  The irony is killing me.
  - literalAardvark 11mo ago
    He misnomers a very special definition of antichrist that probably would include Greta (anyone who could encourage mass collectivism). Which would make him hilariously unaware of the irony of the antichrist saying someone else is the antichrist.

lostmsu 11mo ago

> Empirically, I don't think Christians do worse investments than us atheists, so rationally speaking I don't think it's much of a factor. Hm, why not? Like obviously it would be hard to do a study because you can't just control by wealth. But if you control by the level of education and stop at that I'm almost certain christians would lose.