If I'm not wrong sachs did mention that the US needs to start a war to bring down inflation a few months back. Which is exactly wats happening but inflation...
Thank you for bringing up the issue in Iran, Jason. Even though no one in the group had anything to say about it but just voicing what's happening in Iran these days helps millions of your podcast listeners become aware of it. Being an Iranian living in US for many years, I've heard a lot of statements that just point to shear unawareness in the West about what the real situation is in Iran. Statements like "people deserve their rulers" are amongst those. If the West hears these events and that Iranian people are fighting on the streets with bare hands against the regime guards and the militia, getting brutally murdered, this, at the very least, educates them about the facts and not what they hear on Fox News and such. So thank you for raising awareness 🙏🏻
I really loved this episode. The SPAC updates and predictions around the market bottom really help provide clarity around public and private valuations.
"I've raised 10 spacs, of which 90% are down more than 70%, without creating any value for shareholders. Additionally, during the last few weeks I have PUMPED IPOD, announcing meaningless pre 14a, and travelling the world to sell my warrants to idi*ts" This should be your intro Chamath. Enjoy your money.
The man has no integrity nor moral. I wish they kicked him out of the show. I used to love chamath until I saw his true colours. I hope one day karma returns the favor. But who are we kidding billionaires get away with anything.
@@TTTTyme 100% our own fault yes. That’s not the issue. It’s all the pumping he did, getting extension and other things that made it look like he had a target. He could have handled it better and no one would be upset.
@@TTTTyme calm and collected and reasonable reply. Nice to see. You are right. Do you know the feeling when a gf cheated on you? This is how it feels, I just need time to heal hehe At least I learned the hard way that no one looks after anyone but themselves and one should always always always do their own research and not speculate or read too much to any information. Which sadly makes investing near impossible for us mortals.
@@TTTTyme you are wrong. Chamath filled a pre14a (extension) knowing he was liquidating, warrants doubled to 0.6 as many thought he was doing a deal. I'm not even talking about all the hopium for two years , focus on my watch, april maybe may, swarm will be important, "no comment" on Tesla Robot.... I haven't lost a lot of money since I was in commons, but I know a lot of people who lost a lot on warrants due to Chamath moves. And he knows.
6:29 - managing risk 17:33 - do the work 20:04 - pressure (you will loose the deal) 27:55 - economy next 18 months 31:03 - inflationary factors 10:10:53 - deep mind inside chess 1:15:30 - technology key vector of competition , using computers to be the best human
What a way to end... "Do you want to know why it has a chance of working? Cause we are not the ones behind it". Another great episode, besties. Thanks for sharing!
Chamath made it clear he will do what is best for him and you should do the same when investing. The difference is you are not the CEO of a corporation, make it clear SPACs are a corporation and the CEO/Leader has more responsibilities than to just himself. He had other options such as extending, however, that would have been more expensive for him. Sure Bezo and Elon sold some stock, but they never bailed on the company, A true leader would have at least said he was very disappointed he was not able to get to a deal or extend, it's his total lack of accepting any responsibility in his performance that makes it clear he is not a leader yet nor should you expect him to be. He's young and still learning.
What a wonderful podcast. It's a real privilege to listen to you guys talking every week. Almost every episode is a banger and filled with tons of value and wisdom. Perfect combo of business insights, politics, psychology and life wisdom. Keep it up, guys!
Jason is cooperating with letting the person finish before he had his say. Rageberg was interesting. But great show guys! Wish I could be the fly on the wall for the meetup after the show! That sounds fun and interesting!!
He is very good (also in TWIST). The only thing that he could get better at is trying to not interrupt. So many times, I listen to this podcast and there is an interesting commentary that gets cut short because of interruption. And JCal is many times the one doing the interruption. Its almost like he needs to show he understands. We know you are brilliant JCal, there are no need for this.
Phenomenal moderating, Jason. This is the ideal format. Moderation with a few inputs. If you have major inputs and moderation, you end up talking a lot more than the other besties.. Great show gentleman! Thank you again for doing this
Here's the question no one asked at 55:00: If the cost of energy (relative to renewables) has "dropped by 90%" and "the federal government has done a good job with the right sets of incentives", then why has "electricty costs doubled, and will double again" ????
I do not understand what Chamath is saying at minute 9:14 about the Hedge funds, what reports is he talking about? Amazing podcast by the way, very informative.
Love the chess and poker talk. It’s a real world test case for basic AI, so we should be probably understanding the impacts on chess, poker, and go before AI becomes ubiquitous in the rest of life.
I couldn’t agree more with JCal’s (and the Dilbert creator’s) point about ESG. I wish ‘environmentally friendly’ was a separate category because they’re not particularly related other than by left wing political ideology
Two good episodes in a row - looks like the boys are back. The lessons they appear to have learned: have clear agenda & stick to it, make sure the topics worthy of group discussion, give everyone time to complete their thoughts, and keep Sacks from letting his radical politics dominate the discussion. Keep up the good work.
The other big sign was fed heads selling due to “conflicts of interest” in oct 21 but good on chamath for trying to beat the drum and convince us back then to sell.
Related to the electricity costs, my understanding is that power & utility companies, by regulation, are eligible for a fixed rate of return on their investments. This return needs to be provided by the revenue they get from the consumers. This means, that the more people become independent from the grid by installing solar, the demand for electricity from the old power plants decrease. However, the depreciated cost of this non-renewable infrastructure still remains, therefore the return requirement on them as well. As a result, the fewer consumers who remain in the system (decreasing volume or negative volume index) need to pay an increasing price (increasing price and price index) for the same amount of energy (even if the absolute guaranteed required return was flat). Until this guaranteed return is there and the old assets are not depreciated, the more people become independent, the more the remaining folks need to pay. Alternative would be painful, if companies went bankrupt, the balance sheets would be cleaned off of old infrastructure. Then the remaining new infrastructure may have a lower required return which would potentially decrease the price index. Of course, reality is much more complicated. Unfortunately, it is not enough to have solar energy generation, but individuals also need energy storage. Otherwise the P&U companies must invest in distribution grid and energy storage infrastructure (otherwise the system would break), which again increases the amount of guaranteed return, while there is no more revenue (Kwh-s) to cover it. I am sure I do not have the full picture, but I think this is important to note as this will have negative spiral effect on the system.
It doesn’t make sense to compare chess with poker as the first one is not a “game” from a game theory point of view. The two opponents have perfect information and in theory every move can be calculated. This is not the case for poker where you have bluffing, deceiving tactics, probabilities.
Thanks Jcal, Could you please cover what's happening in Iran in more detail for the next episode? So many people watching your podcast. That helps to raise awareness and would be a huge support for Iranian people who are losing their lives in protest at the very same time I am writing this message.
I lost all respect in the last episode, with claims like we in the EU get 40 pct of our energy from Russian gas and have done nothing to prepare so therefore Ukraine (with 44 mio people) must be sacrificed. It was a moral and intellectual failure.
@@FinanceVector No, it was factually wrong. We didn't even get 40 pct of our energy from gas before the invasion, only 24 pct. And it is a lie that "nothing has been done". There have been massive initiatives to prepare for the winter right from the get-go. Gas has been sourced from every other possible provider, LNG facilities have been built and industry cut consumption. The German Greens even supported re-opening coal plants and delaying nuclear plant decomissions. The German gas storage has been going up consistently and is now at 95 pct capacity corresponding to around 23 billion kvm of gas. Russia only supplied 36 anually before all the changes so this is hardly a catastrophe. It's a challenge, but sure as hell not justification to condemn millions of Ukrainians to cultural genocide, rape, murder and misery when the whole country wants to fight. To subjugate them, Putin would have to turn it into his own North Korea.
@@FinanceVector Oh, and if you allow for Russia to "defend" annexed territory with nuclear attacks, you normalize it and ensure a nuke-rush for every shithole country who would use them in the exact same fashion. To avoid a one-time risk, these podcasters would condemn 44 mio. Ukrainians + every other non-NATO Russian neighbor and greatly increase the exact same risk by incentivizing nuclear threats.
1:03:10 "The problem with GTO is that you can actually be exploitative against somebody that's playing perfectly". No, you can't. That's litterally the definition of GTO. Someone playing perfect GTO cannot lose in the long term. They will certainly not maximize their winnings against someone not playing GTO, but they can't lose in the long term. If Phil plays crazy emploitative he will surely win big hands where the perfect GTO leaves alot of money on the table by not adapting to Phil. But there is a 0% chance Phil will win against perfect GTO (a computer) in the long run.
Really great to Jason let Sacks monologue, its even better that its not some repetitive political rant. Great to see more aspects of each of the besties.
I don't know where the 30 to 40 g figure for a solar installation comes from. Here in BC, in Canadian dollars, the price was 20 gs for a 9 kw system. In California this system would generate so much power. In Canada we are very happy with our system. If it does cost that much for a similar system, then the regulatory system and other bottlenecks need to be addressed. We do need to put in regulatory mechanisms put into place to eliminate ice cars and to transition to heat pumps. From there business can plan. It needs to happen in a timely fashion. I am surprised that people are so uneducated about their options re solar, heat pumps, batteries and of course insulation and proper windows. Its a good investment and an inflation hedge. Especially in California.
Team should get Andy Schectman onboard for a Q&A. He will breakdown BRICS, SIPS, & potential end to petrol-dollar. Andy will open up a few eyes with what he’s been tracking since 2017.
@ 19:30 so Chamath, to do diligence on SPACS/Stocks you promote, we should connect with your friends to do the moral/social due diligence ? your investors needed that
JCal, thanks for mentioning Iran. It's be nice to have as a longer discussion next week if the other guys can get up to speed on it. I know someone in Iran and he keeps getting a connection for a little bit to send out info. It's horrific over there right now. Some of the videos on twitter are insane.
Why would someone like Chamath say “I will never sell this holding”? It’s to comfort people and entice them to buy in as well. I’m sorry, if you say “I will never sell this” and then within a year or two you are selling it to “manage risk” - at some point along the line you were being dishonest or disingenuous. That clip they played of him at the beginning is him blaming smaller and less experienced investors for trusting people like him. This is exactly why common people hate the investor class. He’s trying to have it both ways and then blaming people for being “naive”. Own what you are doing - taking advantage of naive inexperienced investors. These guys are full of self-importance and megalomaniacal egotism.
I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
If you can afford to take the risk, do everything you can to achieve financial independence as soon as possible. It is made possible through bitcoin. Thousands of people have done it.
who is your coach if this is not too much i'm asking? I've been looking into advisors lately myself, my retirement plans are going down the drain, my 401k has particularly lost everything gained since 2019
Discussion around the 45:00 mark - This is very much what Ray Dalio describes when a long cycle is in decline, and an opening opportunity develops for the transition to a new great power.
The situation with Russia and Ukraine could have been resolved early on with diplomacy, and it still could be. This posturing is naive, immature, and potentially very dangerous. There's no retreating from a nuclear situation. Our elected officials are hell-bent on causing a great deal of anguish to the entire world and they need to be removed from their positions. We need real leadership at all levels of government.
@@Memesdailyt4 for starters debt.....the amount of debt the world has is silly at this point.....2nd the printing money situation ....inflation by default is basically a detachment from reality or an attempt for people to attempt to adjust and get the database wich is money to reconnect with reality.
Love the pod. Lately, there has been some bragging… we told you so…we called it… in so and so episode…type of talk. It is off putting. I listen to you guys because I am convinced you are a smart bunch. No need for repeat validations.
Makes no sense that the EU sits on theirs hands while there’s a concern of tactical nukes. If there’s really a chance for this, then EU is more inept than thought.
Great episodes. The gang seemed to have been natural, taking about what they want and they have time to talk Olive fed steak! Freidberg nailed some critical points too even more so than usual
Jason improving on its moderator duties! I like it :)
Good to see the four more relaxed again :D
@@7amly “woke” is when you disagree with your cohost
@techmentor I’m not really liking the non interrupting podcast
If I'm not wrong sachs did mention that the US needs to start a war to bring down inflation a few months back. Which is exactly wats happening but inflation...
I’ve always thought he was good
I like how you guys balance each other out.
Can someone explain to me what Chamath meant when he said when a stock goes down 50% it’s still 25% if rallies 50% back up
@@isaacdarko25 $100 stock... 50% drop ---> now worth $50. $50 stock 50% up ---> now worth $75. Beginning at worth $100, now worth $75, is down 25%
Which is why this podcast is so popular. Great group.
Sacks Friedberg 2024
Jason giving up on extra coffee/addrell before pod is good improvement
Lol he was a bit too stimmed in a few of these.
He cooled down a few degree celesus
Jason: That's a really brilliant observation!
David Friedburg: That's what I'm here for..
😂😎
L
Timestamp?
@@golisanjiv 5:00 mark, then about 5:15
What a Gee!
Thank you for bringing up the issue in Iran, Jason. Even though no one in the group had anything to say about it but just voicing what's happening in Iran these days helps millions of your podcast listeners become aware of it. Being an Iranian living in US for many years, I've heard a lot of statements that just point to shear unawareness in the West about what the real situation is in Iran. Statements like "people deserve their rulers" are amongst those. If the West hears these events and that Iranian people are fighting on the streets with bare hands against the regime guards and the militia, getting brutally murdered, this, at the very least, educates them about the facts and not what they hear on Fox News and such.
So thank you for raising awareness 🙏🏻
"your decisions is unique to you, on one else understands it so you can't outsource that decision to anyone else." best quote of 2022. thanks Chamath
Friedberg is criminally underrated
Friedberg takes more weird takes than anyone else on this pod. I think he's a futurist and just because he speaks thoughtfully doesn't make him right.
he won the ALL IN popularity poll - at the ALL IN festival this year.
Only bad thing is he speaks the least
Sacks is illegally overrated.
I really loved this episode. The SPAC updates and predictions around the market bottom really help provide clarity around public and private valuations.
Nice to see you hear sir
"I've raised 10 spacs, of which 90% are down more than 70%, without creating any value for shareholders. Additionally, during the last few weeks I have PUMPED IPOD, announcing meaningless pre 14a, and travelling the world to sell my warrants to idi*ts" This should be your intro Chamath.
Enjoy your money.
The man has no integrity nor moral. I wish they kicked him out of the show. I used to love chamath until I saw his true colours. I hope one day karma returns the favor. But who are we kidding billionaires get away with anything.
@@TTTTyme 100% our own fault yes. That’s not the issue. It’s all the pumping he did, getting extension and other things that made it look like he had a target. He could have handled it better and no one would be upset.
@@TTTTyme calm and collected and reasonable reply. Nice to see. You are right.
Do you know the feeling when a gf cheated on you? This is how it feels, I just need time to heal hehe
At least I learned the hard way that no one looks after anyone but themselves and one should always always always do their own research and not speculate or read too much to any information. Which sadly makes investing near impossible for us mortals.
@@TTTTyme you are wrong. Chamath filled a pre14a (extension) knowing he was liquidating, warrants doubled to 0.6 as many thought he was doing a deal. I'm not even talking about all the hopium for two years , focus on my watch, april maybe may, swarm will be important, "no comment" on Tesla Robot.... I haven't lost a lot of money since I was in commons, but I know a lot of people who lost a lot on warrants due to Chamath moves. And he knows.
This was a brilliant episode!
Great moderating, great atmosphere, great topics, and just greatness all around.
6:29 - managing risk
17:33 - do the work
20:04 - pressure (you will loose the deal)
27:55 - economy next 18 months
31:03 - inflationary factors
10:10:53 - deep mind inside chess
1:15:30 - technology key vector of competition , using computers to be the best human
Great job man
I love when the pod get back to a heavy business focus, learn so much from all of them
What a way to end... "Do you want to know why it has a chance of working? Cause we are not the ones behind it".
Another great episode, besties. Thanks for sharing!
God, sadly so much truth in that statement!! 🤦🏻♀️
Chamath made it clear he will do what is best for him and you should do the same when investing. The difference is you are not the CEO of a corporation, make it clear SPACs are a corporation and the CEO/Leader has more responsibilities than to just himself. He had other options such as extending, however, that would have been more expensive for him. Sure Bezo and Elon sold some stock, but they never bailed on the company, A true leader would have at least said he was very disappointed he was not able to get to a deal or extend, it's his total lack of accepting any responsibility in his performance that makes it clear he is not a leader yet nor should you expect him to be. He's young and still learning.
What a wonderful podcast. It's a real privilege to listen to you guys talking every week. Almost every episode is a banger and filled with tons of value and wisdom. Perfect combo of business insights, politics, psychology and life wisdom. Keep it up, guys!
Jason is cooperating with letting the person finish before he had his say. Rageberg was interesting. But great show guys! Wish I could be the fly on the wall for the meetup after the show! That sounds fun and interesting!!
Rageberg!!! Lol
I sold majority of holdings in November of last year thanks to this pod.
“That’s what I’m here for” - Friedberg 🙌🏿
Timestamp?
@@golisanjiv 17:15
Loved the conversation around Chess and AI. You guys have to watch the AlphaGo documentary. Was a perfect encapsulation of the discussion
You gotta admit that J Cal is a good moderator.
Totally. So many haters
He is very good (also in TWIST). The only thing that he could get better at is trying to not interrupt. So many times, I listen to this podcast and there is an interesting commentary that gets cut short because of interruption. And JCal is many times the one doing the interruption. Its almost like he needs to show he understands. We know you are brilliant JCal, there are no need for this.
Yes he can be when he wants to be - bit teachers pet / smartest kid in the class sometimes and gets very riled by politics
Phenomenal moderating, Jason. This is the ideal format. Moderation with a few inputs. If you have major inputs and moderation, you end up talking a lot more than the other besties.. Great show gentleman! Thank you again for doing this
Love chamath analysis that there’s still room for SPACs merging but no the most obvious tech companies and with different return profiles
Love how chamath is always trying to get them to play that November clip, when he called a bottom in fucking March. Dudes ego is truly unmatched
JCal’s comment about Trump being the dictator whisperer had me dying 💀💀
J Cal is so delusional.
This pod is so good it speaks for itself
Here's the question no one asked at 55:00: If the cost of energy (relative to renewables) has "dropped by 90%" and "the federal government has done a good job with the right sets of incentives", then why has "electricty costs doubled, and will double again" ????
39:34 Chamath: hmmm which sweater should I buy next.
Friedberg's adverse selection concept applied to the VC was on point!
Freiberg is always just spitting the truth ! GANGSTA !!!!
At some points you could see JCal itching to interrupt, but having to be composed hahahah love it
I do not understand what Chamath is saying at minute 9:14 about the Hedge funds, what reports is he talking about? Amazing podcast by the way, very informative.
17:10
Jcal: this is brilliant observation
Friedberg: that’s what I’m here for
Savage moment 😂
youtubers had those spacs pumped up
incredibly wide range of topics and great insights. thanks!
Love to hear your guys take on Giorgia Meloni. Hope you're all doing well. Pods keep getting better and better. Thanks for taking the time to do them.
Best episode in a long, long time! The team culture is back
Why is this channel still only around 241k+ subscribers, unbelievable.
JCAL you are killing it now as the mod. Keep it up
The BFF vibes are back fam. 🔥
Love the chess and poker talk. It’s a real world test case for basic AI, so we should be probably understanding the impacts on chess, poker, and go before AI becomes ubiquitous in the rest of life.
Like battlefield tactics? Ooowee!
chamath is the best grifter out of all of the besties 🥰
I couldn’t agree more with JCal’s (and the Dilbert creator’s) point about ESG. I wish ‘environmentally friendly’ was a separate category because they’re not particularly related other than by left wing political ideology
Jcal!!! Thank you for saying she was Kurdish. Bro your moderating is not only gotten a lot better, but thank you for doing your diligence.
Two good episodes in a row - looks like the boys are back. The lessons they appear to have learned: have clear agenda & stick to it, make sure the topics worthy of group discussion, give everyone time to complete their thoughts, and keep Sacks from letting his radical politics dominate the discussion. Keep up the good work.
The other big sign was fed heads selling due to “conflicts of interest” in oct 21 but good on chamath for trying to beat the drum and convince us back then to sell.
Related to the electricity costs, my understanding is that power & utility companies, by regulation, are eligible for a fixed rate of return on their investments. This return needs to be provided by the revenue they get from the consumers. This means, that the more people become independent from the grid by installing solar, the demand for electricity from the old power plants decrease. However, the depreciated cost of this non-renewable infrastructure still remains, therefore the return requirement on them as well. As a result, the fewer consumers who remain in the system (decreasing volume or negative volume index) need to pay an increasing price (increasing price and price index) for the same amount of energy (even if the absolute guaranteed required return was flat). Until this guaranteed return is there and the old assets are not depreciated, the more people become independent, the more the remaining folks need to pay. Alternative would be painful, if companies went bankrupt, the balance sheets would be cleaned off of old infrastructure. Then the remaining new infrastructure may have a lower required return which would potentially decrease the price index. Of course, reality is much more complicated. Unfortunately, it is not enough to have solar energy generation, but individuals also need energy storage. Otherwise the P&U companies must invest in distribution grid and energy storage infrastructure (otherwise the system would break), which again increases the amount of guaranteed return, while there is no more revenue (Kwh-s) to cover it. I am sure I do not have the full picture, but I think this is important to note as this will have negative spiral effect on the system.
this is one of the best episodes of the All-in.
It doesn’t make sense to compare chess with poker as the first one is not a “game” from a game theory point of view. The two opponents have perfect information and in theory every move can be calculated. This is not the case for poker where you have bluffing, deceiving tactics, probabilities.
I agree with you
Poker analogy is 👌🏼
One of the best episodes ever. Thanks ❤
Thanks Jcal, Could you please cover what's happening in Iran in more detail for the next episode? So many people watching your podcast. That helps to raise awareness and would be a huge support for Iranian people who are losing their lives in protest at the very same time I am writing this message.
If only we’d take the advice when it’s given by All In…we’d all be in a better place.
I lost all respect in the last episode, with claims like we in the EU get 40 pct of our energy from Russian gas and have done nothing to prepare so therefore Ukraine (with 44 mio people) must be sacrificed. It was a moral and intellectual failure.
@@michaelm3691,
Yet, true.
@@FinanceVector No, it was factually wrong. We didn't even get 40 pct of our energy from gas before the invasion, only 24 pct. And it is a lie that "nothing has been done". There have been massive initiatives to prepare for the winter right from the get-go. Gas has been sourced from every other possible provider, LNG facilities have been built and industry cut consumption. The German Greens even supported re-opening coal plants and delaying nuclear plant decomissions.
The German gas storage has been going up consistently and is now at 95 pct capacity corresponding to around 23 billion kvm of gas. Russia only supplied 36 anually before all the changes so this is hardly a catastrophe. It's a challenge, but sure as hell not justification to condemn millions of Ukrainians to cultural genocide, rape, murder and misery when the whole country wants to fight. To subjugate them, Putin would have to turn it into his own North Korea.
@@FinanceVector Oh, and if you allow for Russia to "defend" annexed territory with nuclear attacks, you normalize it and ensure a nuke-rush for every shithole country who would use them in the exact same fashion. To avoid a one-time risk, these podcasters would condemn 44 mio. Ukrainians + every other non-NATO Russian neighbor and greatly increase the exact same risk by incentivizing nuclear threats.
Please check Chamath's Microphone
1:03:10 "The problem with GTO is that you can actually be exploitative against somebody that's playing perfectly".
No, you can't. That's litterally the definition of GTO.
Someone playing perfect GTO cannot lose in the long term. They will certainly not maximize their winnings against someone not playing GTO, but they can't lose in the long term.
If Phil plays crazy emploitative he will surely win big hands where the perfect GTO leaves alot of money on the table by not adapting to Phil. But there is a 0% chance Phil will win against perfect GTO (a computer) in the long run.
Really great to Jason let Sacks monologue, its even better that its not some repetitive political rant. Great to see more aspects of each of the besties.
Sacks definitely has good insights, when isn’t just ranting about how horrible Biden is.
Best episode yet!! You just want to be friends with these guys they're so great. Cheers to All-in
Issa vibe. Dopest podcast
I love listening to this group! So fascinating and full of learnings! Thank you!
this podcast is my favourite ! It's gold !
Another great session. Love the discussion towards the end about cheating, chess and AI.
There Will Be Blood is one of Daniel Day Lewis' finest performances..
Indeed
I don't know where the 30 to 40 g figure for a solar installation comes from. Here in BC, in Canadian dollars, the price was 20 gs for a 9 kw system. In California this system would generate so much power. In Canada we are very happy with our system.
If it does cost that much for a similar system, then the regulatory system and other bottlenecks need to be addressed.
We do need to put in regulatory mechanisms put into place to eliminate ice cars and to transition to heat pumps. From there business can plan. It needs to happen in a timely fashion.
I am surprised that people are so uneducated about their options re solar, heat pumps, batteries and of course insulation and proper windows. Its a good investment and an inflation hedge. Especially in California.
So IPOF isn't Starlink? 🤡🤡🤡
You guys are the best! Had to get my weekly fix.
Since the beginning of conscription, the price of plane tickets from Russia exploded. From 1500 to 5000+
Thanks for supporting Iranian people. ✌️♥️ In freedom we trust. #Mahsa_Amini
What happens when one neural net plays another ?
What a phenomenal episode. Excellent work !
Team should get Andy Schectman onboard for a Q&A. He will breakdown BRICS, SIPS, & potential end to petrol-dollar. Andy will open up a few eyes with what he’s been tracking since 2017.
Andy has not been right about silver for the last five years
@ 19:30 so Chamath, to do diligence on SPACS/Stocks you promote, we should connect with your friends to do the moral/social due diligence ? your investors needed that
If you owned shares in the spac you didn’t lose any money though
I always think Chamath has a fly on his nose
😂😂
Chamath’s Patek is so fire
JCal, thanks for mentioning Iran. It's be nice to have as a longer discussion next week if the other guys can get up to speed on it. I know someone in Iran and he keeps getting a connection for a little bit to send out info. It's horrific over there right now. Some of the videos on twitter are insane.
The mobilization is for 1 mil actually, 300k was just to sooth Russian media. Drunk conscripts headed to a 2 week training before dying...
Remember when Chamath said we were in the "9th inning of selling" in FEBRUARY
Yeah
I have the 1st view, according to the YT app - Wow! Happy Friday everyone from Frankfurt!
Gentlemen it's a very good conversation. You guys awesome. Bravo!
Freidberg: all games may become obselete … whole thesis starts
What do you think?
“That’s what I’m here for.” - Friedberg
What is the name of the chess documentary?
Excellent moderation by @Jcal
Why would someone like Chamath say “I will never sell this holding”? It’s to comfort people and entice them to buy in as well. I’m sorry, if you say “I will never sell this” and then within a year or two you are selling it to “manage risk” - at some point along the line you were being dishonest or disingenuous. That clip they played of him at the beginning is him blaming smaller and less experienced investors for trusting people like him. This is exactly why common people hate the investor class. He’s trying to have it both ways and then blaming people for being “naive”. Own what you are doing - taking advantage of naive inexperienced investors. These guys are full of self-importance and megalomaniacal egotism.
I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
If you can afford to take the risk, do everything you can to achieve financial independence as soon as possible. It is made possible through bitcoin. Thousands of people have done it.
One of the best financial decision anyone can make is to key into investing in the vast crypto or stocks market.
who is your coach if this is not too much i'm asking? I've been looking into advisors lately myself, my retirement plans are going down the drain, my 401k has particularly lost everything gained since 2019
>>Communicate with him on telegam using the user name below.
Moral money management- chamath
Jason's late again. This pod is literally my Friday evenings!!!
Discussion around the 45:00 mark - This is very much what Ray Dalio describes when a long cycle is in decline, and an opening opportunity develops for the transition to a new great power.
Sacks rant on the geopolitical landscape was on point.
The situation with Russia and Ukraine could have been resolved early on with diplomacy, and it still could be. This posturing is naive, immature, and potentially very dangerous. There's no retreating from a nuclear situation.
Our elected officials are hell-bent on causing a great deal of anguish to the entire world and they need to be removed from their positions. We need real leadership at all levels of government.
They are back ❤️🔥
gentlemen, in my humble opinion. your best show yet...
Money has become detached from reality.
How?
@@Memesdailyt4 for starters debt.....the amount of debt the world has is silly at this point.....2nd the printing money situation ....inflation by default is basically a detachment from reality or an attempt for people to attempt to adjust and get the database wich is money to reconnect with reality.
Exactly - "Wag the Dog"
I really liked this episode!! Thanks for the content, I hope dinner was amazing :)
Such educative content yet fun filled . Awesome 👌
“Ripping…Ripping” - Jason Calacanis, 2021
Love the pod. Lately, there has been some bragging… we told you so…we called it… in so and so episode…type of talk. It is off putting.
I listen to you guys because I am convinced you are a smart bunch. No need for repeat validations.
My favorite video on TH-cam each week
Mark Williams taught me how to utilize the volatility of stock and crypto world, I make gain from trading despite the price chart.
Quite easy just send him a message on what'spp
美国 美国 美国 美国ကောင်းတယ်
➕𝟏𝟔𝟏𝟓𝟓𝟗𝟐𝟓𝟕𝟕𝟑 美国ကောင်း...
Makes no sense that the EU sits on theirs hands while there’s a concern of tactical nukes. If there’s really a chance for this, then EU is more inept than thought.
Might be true
Great episodes. The gang seemed to have been natural, taking about what they want and they have time to talk Olive fed steak! Freidberg nailed some critical points too even more so than usual