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