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Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears (www.investing.com)

submitted 4 days ago by return2ozma@lemmy.world to c/technology@lemmy.world

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[–] CubitOom@infosec.pub 19 points 3 days ago (2 children)

[–] prex@aussie.zone 12 points 3 days ago (1 children)

Buy toilet paper.
"You mean toilet paper stocks right?"
Did I stutter?

[–] BarneyPiccolo@lemmy.today 3 points 3 days ago (1 children)

I got a bidet.

[–] ApathyTree@lemmy.dbzer0.com 3 points 3 days ago (3 children)

I also got a bidet, but then I went one further and got small towels to wipe up the water.

Pack of 50 cheap washcloths isn’t that much more than a pack of nice toilet paper, but they can go through the wash in a sanitary cycle with bleach and I can reuse them until they fall apart. Then I just need toilet paper for visitors.

It sounds kinda ick, I know, but consider that we wash underpants, and what’s the difference?

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[–] verdi@feddit.org 16 points 3 days ago

*Scooby-Doo voice

ruh oh

[–] Venator@lemmy.nz 13 points 3 days ago (1 children)

Peter Thiel Knows About The Anti-Christ

[–] sugar_in_your_tea@sh.itjust.works 2 points 3 days ago

I'm pretty sure he is the anti-christ...

[–] mctoasterson@reddthat.com 14 points 3 days ago

Microsoft, Oracle, Nvidia, AMD, etc. all inking new partnerships to generate a headline and valuation increase. Meanwhile AI companies PE ratios creep upward.

The top few companies can only helicopter cash at eachother for so long before the bubble eventually busts. That's not new income being generated, it's more akin to check-kiting in a public trading context.