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New York, 11:37 AM
Mon Nov 30
21 posts in the last 24 hours
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05/14/09
05/14/09
05/14/09
1.) 2006 is a faraway time. Most hedgies have seen the wisdom in putting less of their money where their mouth is. I would be very surprised if Mr. Thiel has retained this approach.
2.) As you disclosed, liquid net worth. Other, harder-to-value assets like the Facebook stake likely pepper his portfolio. I'd be shocked if that was Mr. Thiel's only venture, after all!
The presence of that statement document doesn't make such a blindered analysis credible. You can get the pitchbook and the marketing materials pretty easily, even from the most cloistered of funds. Hell, the only reason you aren't bombarded with them is because of marketing and disclosure laws that identify you, Mr. Thomas, as neither an Accredited Investor nor a Qualified Purchaser.
05/14/09
05/14/09
Color me shocked. Foolish and vain, though I suppose it fits the profile.
05/14/09
05/06/09
05/06/09
05/06/09
I don't buy into the narrative you tried to weave together about his actions being wrong. Viewed individually, his actions were fairly reasonable and unrelated.
05/06/09
I don't know if it's exactly a "complaint" to point out that there might be fishy about someone's avowed investment strategy, but it's certainly of interest to readers of Gawker like myself.
05/06/09
05/06/09
Isn't that pathetic? I don't think it's a libertarian thing, it's a very rich thing.
Aging and mortality are sad realities for everyone, but anecdotally, the very rich classically take it especially badly, like spoilt children. They're used to absolute mastery of their own worlds, and death becomes an enemy they (foolishly) think they can outwit, evade.