$1,700 to $5 Billion - Peter Thiel's Wild Investment Strategy

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In this video, I cover the undercover rise of Peter Thiel, who has grown to become a contender for the world's greatest investor.

With just $1,700 in a tax-free retirement savings account, Peter Thiel was ready to take on the traditional corporate world. Two decades later, he would invest that $1,700 to grow it into $5 billion today. This is the story of how Peter Thiel multiplied his money by 2.9 million times, which is a percentage gain of over 294 million percent.

When you think of the world’s greatest investors, you might think of Warren Buffett, Charlie Munger, Peter Lynch, or even Cathie Wood. However, although he is drowned in political controversy, Peter Thiel might just be the world’s greatest investor. Born in 1967 in Frankfurt, Germany, Peter moved with his family to the United States at one year of age. At the age of 6, he began playing chess, and by age 12, he was already ranked 7th in the United States in the under-13 division. In addition to being a chess star, he was also a math prodigy and successful student. In middle school, he received the highest score in a statewide math competition. Before graduating from San Mateo High School in 1985, he was also named as the valedictorian of his class. While still in high school, he had a large sticker on his chessboard kit that said three words: “Born to Win.” If anyone was born to win, it was definitely Peter Thiel.
When you think of the world’s greatest investors, you might think of Warren Buffett, Charlie Munger, Peter Lynch, or even Cathie Wood. However, although he is drowned in political controversy, Peter Thiel might just be the world’s greatest investor. Born in 1967 in Frankfurt, Germany, Peter moved with his family to the United States at one year of age. At the age of 6, he began playing chess, and by age 12, he was already ranked 7th in the United States in the under-13 division. In addition to being a chess star, he was also a math prodigy and successful student. In middle school, he received the highest score in a statewide math competition. Before graduating from San Mateo High School in 1985, he was also named as the valedictorian of his class. While still in high school, he had a large sticker on his chessboard kit that said three words: “Born to Win.” If anyone was born to win, it was definitely Peter Thiel.
After leaving the law firm, he became a derivatives trader at a Credit Suisse unit. A derivatives trader is someone who speculates on the future pricing of assets by trading contracts. For example, some derivatives traders speculate on the price of oil by trading oil futures contracts. This time, although Peter felt better about it, he still thought that he was out of place. In 1996, Peter left his job in New York to start his own hedge fund in Menlo Park, California. At the end of his fundraising round, he successfully raised $1 million from his friends and family. His new hedge fund was named Thiel Capital. Shortly after, his life would take a sudden turn.
Elon Musk, who was the president of the company, and Bill Harris, the CEO, both disagreed with each other about the future of financial services. As a result, Bill left the company in May 2000, and Elon replaced Bill as the CEO. Despite this upheaval, things did not go well. In October, Musk began focusing the company on Paypal.

[dw]

Flew his plane backwards from Germany to New York, like a boss!

[romelindareyes]

Investing is buying yourself a better future you don't have to work hard again.

[EskiZagra]

yeah, he started with $1700 but had a solid well-paid job in the 6 digit range AND managed to gather 1 mil from friends and family...wow, what a great investor! Seriously, the guy is smart and capable but hell, that 1 mil from friends and family sure is nice...

[samuellambert]

his book zero to one is really good, like honestly, hes not bullshiting around. Therefore it is a small book

[harperharper]

Imagine if he would of kept that 10% of Facebook stock though..probs be worth 100B

[Iccdoc]

Sounds like the greatest investor of all time so far.

[nicetrymate]

For anybody interested in Peter Thiel I implore you to read his book zero to one It is one of the best business/philosophy books I have ever read.

[didafm]

I think you could say that about many careers; people from the outside are thin to get in.and people inside are trying to get out

[mikelkroos]

If you know what the future says you will know that indeed cryptocurrency is the future investing in it now will be wisiest thing to do.

[willykang]

Zero to One had audiobook on YouTube to listen to for some years too. But I haven't listen to the end yet. There's so much to learn. haha~

[kelvinpete]

thank God i invested early though, I now enjoy my dividends while I still learn more about stocks

[ShanePodClips]

Best thing to upload on this Tuesday! Thank you!!!

[SURE]

BORN TO WIN!

Competition is for Losers 💯

[tikuandtikato]

Nice vedio, well explained, easy to understand, thank u for this information, I like it

[thegymratgamers]

"2.94 million percent may never be topped"
*Some degenerate in Walstreetbets* Hold my beer

[MisterAK]

Berkshire Hathaway's returns from inception are closer to 6 million percent (6, 000, 000%), not 5, 828% lol. Just a little bit off

[brittanyronald]

WHEN YOU INVEST YOU'RE BUYING A DAY YOU DON'T HAVE TO WORK.

[joyeezzzghosh]

Good explanation about trading. Very good information about one's investment

[Shadowsuit]

He meet the most rich people early in age, he had connection and had a wide range of money supply.

[stillinthestream]

Have been really enjoying your videos. Informative, succinct, thought provoking, and helpful. Good production values as well. Keep them coming!