Clarium’s Thiel Says Bearishness on Dollar ‘Wrong’
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Peter Thiel, the head of Clarium Capital Management LLC who was a founding investor in PayPal Inc. and Facebook Inc., said the U.S. dollar is undervalued.
“People are universally bearish on the dollar and the U.S., and it seems to me it’s wrong,” he said today in an interview on Bloomberg Television’s “InBusiness With Margaret Brennan.” “We have another big dollar sell-off today, but on any fundamental basis, it is way too cheap.”