Tag Archives: billionaires

Most of the 1% will go back to the 99% within 10 years. — [CHART]

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Peter Thiel: Funding intensive technologies means accepting weird, strange, and singular, ideas. – [VIDEO]

This is an addendum to my yesterday’s post on the “Audacious Optimism” event. His (excellent) point on weirdness is 2:50 into.

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Bill Gates, Warren Buffett, and all the “Giving Pledge” billionaires, should rather do what Peter Thiel does –go investing their cash and/or (liquidated) fortune in futuristic projects. – [VIDEO]

This morning, I wrote that I disaprove Bill Gates and Warren Buffett’s Giving Pledge operation, because I rather favor billionaires investing in young startups lead by visionaries. Well, just after the publication of that post, I stumbled on the “Audacious … Continue reading

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Why I am against those billionaires pledging to “give away” the majority of their wealth

Philanthropy has a low ROI. They should rather put their money in a VC fund, and invest it in promising ventures, lead by visionaries. Addendum: WSJ UPDATE: See Peter Thiel’s “Audacious Optimism” event.

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The Great Contemporary Art Bubble – [VIDEO]

Ben Lewis: “Great works of art are still being made today but the great contemporary art bubble will surely go down in history as the epitome of the vanity and folly of our age.” I highly recommend you watch this … Continue reading

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