Wise Investor or Double-Crosser?
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Peter Thiel recently sold the majority of his Facebook shares, and many observers believe that he should step down as a director of the company as a result.
Dave and John are not so sure. On the one hand, there's no doubt that this hurt Facebook. Peter Thiel is one of the most respected investors around. If he's cashing out, why would ordinary investors be interested in the shares? On the other hand, Thiel is an extremely talented investor who surely has a lot of wisdom to offer the growing company. Ultimately David and John believe he should stay, though they do feel he could have handled this more smoothly.
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The article Wise Investor or Double-Crosser? originally appeared on Fool.com.David Meier owns shares of Apple. John Reeves owns shares of Apple. The Motley Fool owns shares of Apple, Facebook, and LinkedIn. Motley Fool newsletter services recommend Apple, eBay, Facebook, and LinkedIn. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.