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But why? He seems to know the right people, and is, uhm, ruthless - nothing changed.
by manmal 11mo ago
But why? He seems to know the right people, and is, uhm, ruthless - nothing changed.
- bawolff 11mo agoI'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 agoCrunchbase 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