Peter Thiel's Fund's Single Biggest Reported Position Is Amazon. $10,000 Invested in Amazon 10 Years Ago Is Worth About $66,000 Today.
A 555% run in a decade -- built on profits that grew even faster than the stock.
Peter Thiel's hedge fund, Thiel Macro, has made Amazon its largest reported position with a stake worth about $118 million as of June 30. The fund's biggest pick has delivered impressive returns, with a $10,000 investment made a decade ago now valued at approximately $66,000. This represents a 555% return or nearly 21% annualized return, not including dividends as Amazon does not pay one.
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