What ggm and others like him want to say (but don't because they know how stupid it sounds), is that Thiel should have told everyone what he had learned/deduced about SVB's stability ... and not taken his own money out.
What ggm and others like him want to say (but don't because they know how stupid it sounds), is that Thiel should have told everyone what he had learned/deduced about SVB's stability ... and not taken his own money out.
I sat through a social media shitstorm over a bank run here in Australia and listening to randoms phoning me with a "hot tip I'll thank them for" was insane. Read other pieces on HN to see other people's "I dodged a bullet" posts: no.. you didn't dodge a bullet you were part of the magazine of bullets which brought it on.
Is this HN? Is this real life? These actors might collude and self-prote t each other often, but they're not a national army, theyre not some unified body. I feel like people just canNOT accept that a bunch of their peers are vultures and that by bumping elbows with them, they're complicit. But that's exactly the truth.