Author Topic: Chamath  (Read 27706 times)

winjitsu

  • Full Member
  • ***
  • Posts: 237
Chamath
« on: February 12, 2021, 12:53:27 PM »


Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 13330
  • libertyrpf.com
    • http://www.libertyrpf.com
Re: Chamath
« Reply #1 on: February 12, 2021, 02:39:06 PM »

ValueArb

  • Jr. Member
  • **
  • Posts: 84
Re: Chamath
« Reply #2 on: February 12, 2021, 03:22:36 PM »
I haven't read either yet, but even the little I know about this guy right now gives me an uncontrollable urge to short everything he touches.
Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent

Parsad

  • Administrator
  • Hero Member
  • *****
  • Posts: 9548
Re: Chamath
« Reply #3 on: February 12, 2021, 03:38:30 PM »
I haven't read either yet, but even the little I know about this guy right now gives me an uncontrollable urge to short everything he touches.

Yes, but his girlfriend is absolutely smoking hot and smart too!  Cheers!

No man is a failure who has friends!

Spekulatius

  • Hero Member
  • *****
  • Posts: 6080
Re: Chamath
« Reply #4 on: February 12, 2021, 03:40:35 PM »
I haven't read either yet, but even the little I know about this guy right now gives me an uncontrollable urge to short everything he touches.

I remember him from his BOX pitch from a couple of years ago. He got this stock moving for a bit, but he possibly picked the worst performing SAAS Stock back then.
That said, he has a knack for spotting trends and marketing.
« Last Edit: February 12, 2021, 05:40:53 PM by Spekulatius »
Life is too short for cheap beer and wine.

Dalal.Holdings

  • Hero Member
  • *****
  • Posts: 1563
Re: Chamath
« Reply #5 on: February 12, 2021, 04:39:46 PM »
Here's a market topping interview if I've ever seen one: https://www.bloomberg.com/news/articles/2021-02-12/the-king-of-spacs-wants-you-to-know-he-s-the-next-warren-buffett?srnd=premium

Canary singing in a coal mine if I've ever heard one.

This guy wasn't doing too hot a few years ago. Lucky for him, rates continued downward to where they are today. Too bad it won't last forever.

valueinvestor

  • Sr. Member
  • ****
  • Posts: 491
Re: Chamath
« Reply #6 on: February 12, 2021, 05:31:58 PM »
I wouldn't underestimate his ability to succeed. He came from nothing, left a secured job in finance for Silicon Valley, then left a secured job in Silicon Valley to work at Facebook. He's used to making decisions that make no sense in the beginning but works out tremendously. How many do you know would do the above?

When listening to him speak, he seems wicked smart. Although some of what he does not make sense, how many others pulled a move like that and still succeeded? Warren Buffet with Berkshire or Bill with Target/Valeant.

Seems to care about giving back with Social Capital and possibly running for governor.

As for Box, I listened to the Sohn Conference and yes - the pitch I thought was assumptive, but if Box was his worst investment - 18% five-year cagr, then he's doing way better than most money managers.

Disclosure: I'm a Chamath/Elon Fan Boy.
« Last Edit: February 12, 2021, 05:34:08 PM by valueinvestor »

SafetyinNumbers

  • Hero Member
  • *****
  • Posts: 791
Re: Chamath
« Reply #7 on: February 12, 2021, 05:40:10 PM »
He's very smart and very charming but he either doesn't know the damage he is causing or he's a bad guy.

valueinvestor

  • Sr. Member
  • ****
  • Posts: 491
Re: Chamath
« Reply #8 on: February 12, 2021, 05:41:35 PM »
What damage?

SafetyinNumbers

  • Hero Member
  • *****
  • Posts: 791
Re: Chamath
« Reply #9 on: February 12, 2021, 05:47:01 PM »
I thought the GME Call buying tweet was irresponsible. A lot of people were hurt around that frenzy. It didn't need anymore fuel.