Hedge fund manager and entrepreneur Peter Thiel on the dot com boom, rise and fall of financial markets, and possible market trends over the next decade.
There shouldn't be an empty seat in the house. The fact that there are speaks to the condition of the US economy. I hope Peter Thiel goes on a book tour after writing, "0 to 1." I'll be first in line.
Very rich and very poor at the same time. Any man could be comparatively very rich, and only in some aspects. But only the truly good man, who would consciouly admits to himself that he knows, that he is very rich, yet at the same time, very poor in other aspects. --- These men are the most worthy to be my long term teacher, friend, and comrade. Please Mr. Peter Thiel, let me have a short moment of your precious time, I have the solution to your quest for the world. Thank you for your attention. altc
I find Thiel's remarks regarding Buffet's investment strategy as very insightful. 🤔 (timestamps: 15:16 -> 16:24) It's been 9~ years now - anyone familiar with additional info in this matter? Would love to get familiar with any interesting reads/resources - please do share your insights! 🙏
I am not sure if math was right. Math that was used in risk management models certainly was right, but market behavior doesn't follow strict rational logic, thus models based on reason failed in times of unreason and herd panic behavior.
Peter's comments are now becoming very interesting. By following the words of the leaders at the Bilderberg conference, we can see what the world will be like in the future.
