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Re:Peter Thiel: There Are No Good Bets Against Globalization by jshen on Saturday September 04, 2010 @10:48PM (#1663893)
"but the best way to make a lot of money is to find a better or cheaper way to do something"

Nah, the best way is to prey on vice. Weight loss pills, get rich quick schemes, porn, 0 interest ARM loans, etc.

Re:Peter Thiel: There Are No Good Bets Against Globalization by byrneseyeview on Sunday September 05, 2010 @12:48PM (#1664749)
One would think so, but the Forbes 400 is not dominated by people who cater to vices. In fact, folks who bet against at least some of those (the 0% ARM loans) are well-represented among hedgies.
Re:Peter Thiel: There Are No Good Bets Against Globalization by jshen on Sunday September 05, 2010 @07:49PM (#1665460)
when he said, "the best way to make a lot of money", I was thinking a few million and that by best he meant easiest. It surely is easier to get rich tacking advantage of someone than trying to start the next microsoft.