Author Topic: Chamath  (Read 27709 times)

bizaro86

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Re: Chamath
« Reply #40 on: February 21, 2021, 05:55:08 PM »
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

This play, which he only held for 1 day, was a 5x and more importantly helped him build goodwill with the next generation of investors. These are the investors who will be buying his holding company when it goes public. It was a smart business move that communicated to retail investors "I'm on your side."

Really?  Even Chamath wasn't thinking that far ahead or communicating that.

Either he'll disappear 10 years from now or he'll be huge.  There's no middle ground here with him.  We've seen these shows before...they go one way or the other.  Cheers!

He was probably thinking ahead to getting them to buy his next SPAC.


shamelesscloner

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Re: Chamath
« Reply #41 on: February 21, 2021, 07:19:15 PM »
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

This play, which he only held for 1 day, was a 5x and more importantly helped him build goodwill with the next generation of investors. These are the investors who will be buying his holding company when it goes public. It was a smart business move that communicated to retail investors "I'm on your side."

Really?  Even Chamath wasn't thinking that far ahead or communicating that.

Either he'll disappear 10 years from now or he'll be huge.  There's no middle ground here with him.  We've seen these shows before...they go one way or the other.  Cheers!

Chamath literally asked his Twitter followers what he should buy next, and then plowed $100K into GME calls based on their feedback.

Xerxes

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Re: Chamath
« Reply #42 on: February 21, 2021, 07:35:40 PM »
I think he is smart, hardworking but at time abrasive and in search of deciding who he is in this world. Just like Social Capital is going through different stages, so is he. He definitely looking in his own way after the retail with "All about retail" being his battle-cry. That is fair. That said the power of Twitter platform can be intoxicating, hence my comment about sheep and the Messiah.

Just personally, I prefer people who keep their heads down, and just do a good job and are being good citizen. Let the society recognize you for your past good deeds, rather you needing to buy goodwill via buying call options. Goodwill acquired through derivative instrument tend to have a decaying time premium to it.



Xerxes

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Re: Chamath
« Reply #43 on: February 21, 2021, 07:37:07 PM »
Either he'll disappear 10 years from now or he'll be huge.  There's no middle ground here with him.  We've seen these shows before...they go one way or the other.  Cheers!

well said !

ValueArb

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Re: Chamath
« Reply #44 on: February 21, 2021, 08:28:44 PM »
Either he'll disappear 10 years from now or he'll be huge.  There's no middle ground here with him.  We've seen these shows before...they go one way or the other.  Cheers!

well said !

If only we could buy far out of the money calls and puts on Chamath, we'd be rich in ten years!
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

EdWatchesBoxing

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Re: Chamath
« Reply #45 on: February 28, 2021, 07:14:00 PM »
I agree with Sanjeev here. I caught a youtube video a while back where he was saying that shorting banks was a good idea since we have ZIRP in effect. Then I hear SoFi is one of his SPAC's... lol

Interesting side note. I found out that he was a cross-currency swap trader @ BMO. I think it was his first job out of school.

wescobrk

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Re: Chamath
« Reply #46 on: March 05, 2021, 06:16:57 AM »
He sold 6 million shares of Virgin Galactic.
I thought he said a few weeks ago after news broke he sold shares that he is a long term holder.

A bit confusing unless I missed what he said.
He also claimed on Bloomberg recently his net worth is $10 billion. if that is correct then how can he claim 2% of his net worth he needs to fund his future projects like he has claimed in the past?

He probably tripled his money in Virgin in less than a year so why not just be honest and say I tripled my money and it is overvalued instead of all this bullshit about being a long term older and I need money for new spacs?

K2SO

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Re: Chamath
« Reply #47 on: March 05, 2021, 06:31:46 AM »
He sold 6 million shares of Virgin Galactic.

Out of his first pump and dump. Wonder if the next 5 will hold up long enough for him to repeat the process.

This generation's Buffett.  LOL.

winjitsu

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Re: Chamath
« Reply #48 on: March 06, 2021, 12:12:05 AM »
https://www.wsj.com/articles/when-spac-man-chamath-palihapitiya-speaks-reddit-and-wall-street-listen-11615006818?mod=hp_lead_pos7

Another article. I hope we're at peak Chamath.

"In an emailed statement through a spokesman, Palihapitiya said he would redirect the funds from the share sale toward a “large investment” focused on the fight against climate change."

Next bubble found? ESG next? :)

Spekulatius

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Re: Chamath
« Reply #49 on: March 06, 2021, 05:48:42 AM »
This is the golden age of stock promoters. Chamath is one of the best, but nobody beats Elon Musk.
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