Chamath Palihapitiya has big ambitions for Social Capital. What started as a venture-capital firm in 2011 could be a Berkshire Hathaway for the 21st century. In this interview, Wall Street’s king of special-purpose acquisitions companies, or SPACs, explains why he hopes to create as much wealth as Warren Buffett, why he’s betting on Bitcoin and Tesla and how he’s trying to solve for inequality and climate change. Palihapitiya spoke exclusively with Erik Schatzker on Bloomberg’s “Front Row.” (Source: Bloomberg Website)
Here is a link to every stock I talked about and how it performed, good or bad, not all my picks worked out lol: https://docs.google.com/spreadsheets/d/1bR4KloyKmRXqY-Eh2nG-fs4-yRqDpfnkTpCYIgh1Q3E/edit #gid=0
The link to the full interview is here: https://www.youtube.com/watch?v=wqtd8CuqF7A
Please note that as with ANY post or video I make this is NOT financial advice and strictly my opinion and may be totally wrong. Do your own research please.
Note that past performance is not a guarantee of future results. Don't assume an investment will continue to do well in the future simply because it's done well in the past.
This is strictly my opinion, so do your own research and make up your own mind. This is not financial advice, just entertainment, so be careful!
👏👏👏 Big shout out to our growing list of Patreons. For those of you want (and can) support our channel, here is how you can help: https://www.patreon.com/user?u=13016082
What Chamath JUST Said About Tesla | Summary and Reaction
Here is a link to every stock I talked about and how it performed, good or bad, not all my picks worked out lol: https://docs.google.com/spreadsheets/d/1bR4KloyKmRXqY-Eh2nG-fs4-yRqDpfnkTpCYIgh1Q3E/edit #gid=0
The link to the full interview is here: https://www.youtube.com/watch?v=wqtd8CuqF7A
Please note that as with ANY post or video I make this is NOT financial advice and strictly my opinion and may be totally wrong. Do your own research please.
Note that past performance is not a guarantee of future results. Don't assume an investment will continue to do well in the future simply because it's done well in the past.
This is strictly my opinion, so do your own research and make up your own mind. This is not financial advice, just entertainment, so be careful!
👏👏👏 Big shout out to our growing list of Patreons. For those of you want (and can) support our channel, here is how you can help: https://www.patreon.com/user?u=13016082
What Chamath JUST Said About Tesla | Summary and Reaction
Why would anyone believe a billionaire cares about the little guy?
Theranos was also brought down by short sellers.
If Apple makes Battery Electric Vehicles then, why wouldn't Apple have the same problems other BEVs have compared to Tesla ? Namely The Big Three: 1.) A lousy DC fast charging network. 2.) Big constraints on battery availability. 3.) Poor lower 200s range. Plus the difficulty of manufacturing vehicles.
You are so cute Tom.
Chamat is the man
Absolutely a buy
ALLEGEDLY
This clown (the guy interviewing Chamath) had an interview with Cathie Woods where he tried to tell her investing so much money in Tesla is a bad idea. It’s about a year old and on YouTube. Pretty funny and shows how dumb this guy is
The game so called gameification of the stockk market has existed for 100 fucking years. Literally the only thing that’s new is that it’s had a bigger influx of small time individuals who traditionally haven’t participated. Day trading is literally doing the exact same thing. It’s seeing what’s going up and what’s going down and making your move. Exactly what they are claiming is gameification. But if you do it inside an institution or a hedge fund or Goldman Sachs, it’s an essential part of the financial markets and anyone who thinks otherwise just isn’t intelligent enough to know how high-level Wall Street is dealing with the future of humanity
You know whats sad. All of the fundamentals and calculations you guys do are pretty moot if you guys don't bother to take the time to use technical analysis to find the best entry point. I've been following a few of the items in your spreadsheet and a few of the ones you are down on (especially in the beginning) had you just not bought the top in a strong trend and waited a week or 2 you could have gotten way better entries and better profit runs.
Too many people sleep on TA. I would argue TA is more important than some of these calculations
All these calculated price targets are moot if you are literally topped out on every indicator.
TSLA may very well be worth over a grand. But sadly doesn't matter. TSLA is going back under 600 and no one can do anything about it. Technical Analysis had already said it to be so weeks ago.
See you under 6
Tesla is going to be a penny stock
Thank you Tom you deserve many likes
Short selling is an important part of the market. It's the bear part for those uninitiated. People are exploiting short selling with all the negativity to profit in unethical ways. Short selling is wholly ethical when done correctly.
There's money to be made everywhere even in scams or pump and dumps. Tesla today has thrived with next to NO competition, and the US tax payer providing support (tax credits) to keep the company afloat until it is profitable on its own, which it isn't and now to "compete" with other rising EV companies they are slashing the prices on everything. I myself am heavy into Nio since the 1's.
$CLOV has entered chat
If Airbnb went public through a SPAC typical retail investors would have had a chance to get in at a good price point but since Airbnb went the traditional IPO route their share price was prohibitively expensive to buy in volume to make money. As long as you do research and buy into SPAC's with a good team you increase your chances of getting finding a good opportunity. Also, if you get in close to the redeemable share price and the team has a nice positive track record, it is a fairly safe investment. I really do not see anything unfair or hugely negative about the SPAC process. The team managing the SPAC and the person that is negotiating with corporations being targeted deserve to be paid for their involvement as the whole process would not work without them.
Listening to Chamath and to Cathie Wood is a pleasure……!
Great that you don't look like a bum anymore, keep up the haircut and suit, adds to your videos more than you realize !
I believed in Tesla prior to this but after being in TX this week and experiencing first hand the disasters energy utilities can cause, I'm 100% behind Tesla. Decentralized Energy (and everything else) is the future. These energy monopolies, most of which have immunity so they can't be sued and held accountable, have to go.
but how to regulate short selling….
I'm glad I heard you say "muther f**ker" because with the jacket and shirt I was starting to worry about you "cleaning up your act" or something like that. Is Chamath taking job apps? He seems like he'd be cool to work for. LOL
The equable toilet nomenclaturally peep because scene intermittently spoil like a windy salmon. witty, meek margaret
Tesla $1500? P/E of 3000 LOL
Man… you know how to clickbait me "What Chamath Just said…."
good stuff Tom
Great episode!! Keep the quality content coming Tom 👍🏽🚀
I agree, TSLA is still undervalued. I bought today at $795.
Great video Tom! Assuming that Chamath speaks the truth he is a great guide to the future of investing. He also is gaining Buffet like pump and dump power which can be rough for retail investors.