Editor's Note

What We Are Reading...

Aug 16 2011 | 6:53pm ET by Deirdre Brennan

Yesterday, Bloomberg’s Miles Weiss has a nice article on PayPal-founder-cum-hedge-fund-manager Peter Thiel and his new investment decision (focus less on global macro and more on what he does best—tech investing). What the article didn’t mention was that one of his other projects is funding the building of independent, Libertarian island colonies. Don't believe us, see The Billionaire King of Techtopia (Details Magazine)

And in case you missed the, here are some other good reads:

Europe’s Central Bank at Sea (Mohamed El-Erian for Project Syndicate)

A Wild Ride to Profits: HFTs Score Big on Stock Volatility (WSJ)

Tracking tweets proves profitable for Derwent Capital (Financial News)

GS Elevator Gossip @GSElevator (via Twitter)

Peter Thiel's next big investment?Peter Thiel's next big investment?

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