Author Topic: Chamath  (Read 24517 times)

Investmentacct

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Re: Chamath
« Reply #20 on: February 13, 2021, 12:25:09 AM »
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


What gives Chamath voice about equality;  is his BTC holdings purchased in 2013 (cost basis 80$). # of BTC holds could be in top 5 on individual basis. Where BTC ends up going in abundant money world; further sets his course for SPACS.


jobyts

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Re: Chamath
« Reply #21 on: February 13, 2021, 02:47:11 AM »
He's very smart, but there's something I don't quite trust about him. I'm a big fan of his passion for tackling climate change through capitalism. My mind says yes... my gut says get to know him better first.
[/quote

Yeah, he's probably a good guy with a passion and vision. But his stay-in-the-news affinity makes it a bit skeptical and amateurish :) It's a good thing to see billionaires trying to build a legacy of their own, other than just making more money for themselves. More respect to them, than, say um..., Carl Icahn.

Dalal.Holdings

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Re: Chamath
« Reply #22 on: February 13, 2021, 09:53:01 AM »
This guy is the anti-Buffett.

Delayed gratification and modesty are foreign terms for him. Comparing himself to Buffett brings a whole level of irony and humor to his antics...


Buffett has stood the test of time through various environments.

Chamath has only thrived in a single environment (low inflation/low rate)...

Place your bets.

Xerxes

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Re: Chamath
« Reply #23 on: February 15, 2021, 06:57:54 AM »
I listened to this interview on Friday.
At that time it was called "King of SPACS, Chamath wants you to know that he is the next Warren Buffet"

Today the title is changed to "All things Chamath"

My guess is Bloomberg got a call from Chamath that went like this: "Hey guys, the point of this interview was to make me look more like human and less of an a-hole. Can you please change the video title to something more humble"

Btw, Erik, the Bloomberg interviewer, is an amazing interviewer.

shamelesscloner

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Re: Chamath
« Reply #24 on: February 15, 2021, 07:57:14 AM »
Chamath got a shout out from Pabrai in his latest talk: https://www.youtube.com/watch?v=pUiwBs_N5cE

Says Chamath fits nicely into Pabrai's new spawner approach, and wishes there was a way to invest in Chamath instead of each of Chamath's SPACs individually. Sounds like this might be possible within a couple of years.

As a side note, I've heard a lot of strong reactions from the Berkshire faithful about Chamath declaring himself the next Warren Buffett. Pabrai doesn't seem to be carrying any of that emotional baggage.

Dalal.Holdings

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Re: Chamath
« Reply #25 on: February 15, 2021, 07:59:35 AM »
Eric Schatzker is great--probably the best in the biz. His interviews with Nassim are quite good too. It takes skill for an interviewer to be able to tango with Taleb.

Dalal.Holdings

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Re: Chamath
« Reply #26 on: February 15, 2021, 08:14:10 AM »
Someone who tweeted about buying GME calls is no Buffett. That's why the comparison is laughable on face value, it's not because of "emotional baggage".

K2SO

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Re: Chamath
« Reply #27 on: February 15, 2021, 09:00:25 AM »
There's a well-trod path to success for tech VCs over the past 20 years. Increase your profile online. By virtue of your influence, every investment you touch and pump has instant buzz (for an example, look at the latest fad - Clubhouse). This boosts user numbers and valuations. Pump, pump, pump, and then sell to your adoring followers.

Chamath is playing this to a T. I think he's obviously a smart guy, and I feel like if he's not aware of the damage his pumping is doing to the small investor, one day he will regret it. If he wants to address inequality, the way to do it isn't to lead novice investors into overhyped garbage like Virgin Galactic and pure speculations like Bitcoin.

shamelesscloner

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Re: Chamath
« Reply #28 on: February 15, 2021, 09:00:30 AM »
Eric Schatzker is great--probably the best in the biz. His interviews with Nassim are quite good too. It takes skill for an interviewer to be able to tango with Taleb.

I'll have to check out the one with Taleb. I really enjoyed his recent interview with Grantham, and the interviews with Howard Marks are always full of gems.

ValueArb

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Re: Chamath
« Reply #29 on: February 15, 2021, 10:13:14 AM »
Someone who tweeted about buying GME calls is no Buffett. That's why the comparison is laughable on face value, it's not because of "emotional baggage".

This
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