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Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears
(www.investing.com)
this post was submitted on 17 Nov 2025
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Technology
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I thought we decided to not post stonks crap in here. It‘s what completely ruined the technology community over at Reddit before the entire site was ruined.
When we are in the middle of a tech bubble and one of the richest and most connected men on earth decides to cash out, then that is not "stonks crap", but relevant tech news. Some companies stock price rising by 2% is not news, but this? Yes.
Unfortunately, these stocks being high are directly related to so much of the tech world being complete shit right now.
You see that is exactly the problem I have with these posts. You don‘t actually know if the trading portfolio of a mega evil asshole actually has any impact on the technology world. Stocks are just gambling and he could make the wrong move here. Like 90% of high traffic posts in r/technology was just random billionaires trading stocks at some point. It was utterly pointless.
This is the American version of Kremlinology: just like then all manner of non-political actions of members of the Soviet elites were studied to try to predict the direction of the Soviet Union, now all manner of non-political actions of members of the American elites are studied to try to predict the direction of the United States.
The reason for that kind of thing is that in systems were almost all of the real thinking, motivations and even politically revelevant actions of the elites controlling those nations are hidden or disguised, the only way to try and deduce what's going on is to look at those things which by need or because they're deemed to unimportant aren't hidden or disguised.
Peter Tiel's bulk stock sales and purchases are one of such non-political data points that might be important in predicting the short- and mid-term future of the US, at least Economically, which in turn has Political implications and more broadly for the future of American and Americans.
Sadly what American elites do in the Stockmarkets tells us a lot more about were they see the country going to than what they say, which itself already tells us way more than what Politicians say.
I think your post just really proves my point because nothing you said is really about the topic of this community anymore. There are better places on the Fediverse specifically designed for politics or economics. As a rule of thumb, if a headline is about stonks, it shouldn‘t be posted because the comments will only derail further away from the technology topic.
While true, I gotta suspect that Peter Thiel, specifically, gets to peek under the hood before he makes his bets to a degree that most of us can only imagine.
Or he simply got cold feet because Nvidia‘s stocks didn‘t implode yet as far as I‘m aware. The truth is this is pure speculation just like the entire slop ma- excuse me, stock market. There are better communities for tinfoil hatters and rocket monkeys.
The underlying story is the AI bubble that we all know will end badly. They are shoving lying and hallucinating AI on our devices and into our employment without consent. It's going to come down, its a matter of when, not if.
Well if we gonna make a post every time some rich fucker sells tech stonks now it will quickly evolve into spam. I mean, we already know AI is overblown and we don‘t need to take a single glance at someone‘s portfolio to know that because this is a technology community and we‘re informed about what big tech keeps promising and underdelivering for 3 years straight.
7 to 11X bigger than sub prime crash in 2008. NGL: watching Real Estate agents eating in soup kitchens was not a tragedy.
I want to see it, lemmys got a bigger problem with individuals trying to control what everyone else sees, you have many options like blocking the poster
It's a lot better than the practise of posting basically every news story because it tangentially involves a computer.