Yes, but his position overall is still high-net-worth surely? I'd be delighted if the wunderkid of the libertarian right lost his shirt, but I suspect he's still ahead of where he was 10 years ago, and in the long run is going to continue to make a shedload of money.
Clarium lost bigtime. No disagree. He has about 5 other vehicles as I see it. His roth IRA alone is going to be fantastic.
I wouldn't use him as my financial investment agent, personally. I'm not tracking his investments, I let my superannuation fund make it's own mind up.
I generally don't think he is playing the same game as someone looking to invest some money for retirement. He is clearly going for strategic moonshots and probably isn't checking his bank account daily to see if its all gone.
If I had his cojones and his money this would be my goal too. We all dream about ending world hunger, but I am callow enough to concede I might actually not. callow: I'm 5 years older than Young Thiel. I think by now, I know its not my problem.
