Chamath Palihapitiya Interview | Warren Buffett's Approach and How It Applies to Social Capital

[@TheInvestorsPodcastNetwork]

Hey guys, on today's episode, I chat with Chamath Palihapitiya about becoming a billionaire at age 32, his investing principles, and the "nuclear reactor" that drives him to help solve inequality and climate change. - Trey IMPORTANT: We would like to remind the TIP Community to beware of cyber scams & phishing attacks. We have received reports of fake accounts claiming to be affiliated with The Investor's Podcast Network or posing as one of our hosts. Please help us report those suspicious accounts. We will never reach out to you for any business or investment opportunity. Stay vigilant!

[@the_young_crews]

your mic sound like a potato but Chamath's audio is perfect

[@LVT_Music21]

Calicanis probably sent it to him😂

[@thefreshestprince89]

That billionaire microphone life.

[@TheBanterCity]

@@LVT_Music21 All in

[@sinnerslucktv]

lol his mis is just turned up way too high

[@moosesnWoop]

Billionaire vs Millionaire smh

[@urbanart7325]

That shining light is quickly dimming

[@kim789kim791]

Sadly all SPAC sponsored by his firm has done terribly and investors have lost lots of money. Also investors were led to believe companies his VC firm were launching via SPAC would be disruptive and on the right side of innovation.

[@Alboman9]

This interview is amazing and the golden part of this interview is 14:16 - 16:43 . There is a lot to learn from this part and many people can relate to it. If i had to share this with someone who has no time, this would be the only part I want to share. 👏👏

[@TheInvestorsPodcastNetwork]

Thank you so much!🙌

[@BrianRabben]

You’re overloading your mic...move back a bit

[@marimoedmond]

Chamath was extremely generous on this interview, so many gems dropped!

[@centem2003]

He is such a negative inspiration to people. Its very easy to notice the egoistic and narcissistic and wanting the be the smartest man on the room speaking so loudly through his veins. This is the first time I am hearing him speak but he exists so that I can point to people and say - 'don't be that person'. Thank you for bringing in diverse guests on your show.

[@mahirhaque1801]

Love Chamath as a fellow South East Asian but Chamath is a momentum type. Warren Buffet is a true value investor. They have two entirely different philosophies.

[@ericson4534]

Thank u🎉

[@ChrisFranco]

Respectfully, but to say he is building Berkshire 2.0 is to say you’ve never studied Berkshire.

[@lancebartlett3892]

100%. Charmath is great, but his interest and knowledge couldn't be further from Charlie Monger if you tried. Square, Coinbase and Robin hood Vs Coca Cola and See's candy....um yea. Charmath makes his money shilling companies he angel invested when they IPO, simple as that.

[@nickchandra4890]

These guys are deleting my posts but this is the reality. Very interesting article

[@tonymontana1965]

berkshire 2.0 peddles trashy spacs. who knew.

[@ConvergenceTrader]

Love from Bihar, India 💛

[@nickchandra4890]

The Pied Piper of SPACS in The New Yorker is another good article on him. I think Buffett will be safe for a long while. Reminds me of Buffett's comment " When the tide goes down you know who has been swimming naked". There will be lot of stranded naked swimmers when this bubble burst.

[@sinesaii]

I hope Chamath can find his way to a few dozen university campuses. His insights would be so important to young women & men before they start their careers. Then again, most non-economics university professors would probably want to lynch him for holding “incorrect opinions.”

[@yaghiyahbrenner8902]

The guy is a fraud.

[@agrippamarcus6533]

Chamath has been excellent in building Boiler Room 2.0 and sure is giving Jordan Belford a run for his money! LMAO

[@agrippamarcus6533]

@Marion Harris he is an used car salesmen and duped thousands of naive investors of their hard earned savings, suckered them into buying his crappy companies

[@ArchesBro]

@marionharris5952 Chamath is a scammer, the original comment is comparing him to a famous scammer who sold risky investments to vulnerable people. People who invest in Chamath's companies lose LOTS of money, and he doesnt even believe in the companies because he sells immediately after he pumps up the stock

[@Restez_Humble]

Cool and productive one. Thanks

[@NoticerOfficial]

Such an atom bomb of a quote: A company with mediocre people and a great product will always triumph over a company with a mediocre product and great people. If you have a great product, that team has put their biases to the sideline, either by listening or intuition snd invention, an ability to creat some level of product-market-fit that is ultimately able to give this customers something they need/want. That level of obsession may manifest in a group that may seem rude, but to the market they are incredible. A company is a for-profit expression of intellect. Things that belong in a social club or a family that are misplaced in an office, under a collective can’t win. Winning is suppressing bias to allocate capital to the product.

[@georgejr84]

the goat, thank you

[@goldmanforex123]

Cant wait to host you Chamath in Ghana 🇬🇭 in the near future as part of our Youth Parliament Entrepreneurs Workshop.

[@USAVLOG.]

*1:16** I'm srilankan and proud of you* ❤ People who live in rich country never appreciate the things they got (some) So we understand the value of good country' thats the secret ❤

[@andbandu]

Pri ayya.. 😀😀😀

[@cambodianriverpig7613]

my new favorite pod

[@TheInvestorsPodcastNetwork]

Thank you!

[@atulsoni5658]

Great!!! Thank you for sharing it with here.

[@mosabari7681]

This team vs family distinction is awesome

[@GarryTan]

Trey you are too close to the mic, and/or your gain is up too high. You're clipping.

[@TheInvestorsPodcastNetwork]

Thank you for your valuable feedback. We're doing our best to improve our audio's quality.

[@greatsuneth]

Chamath 🇱🇰

[@theohiorebel]

Great convo. Cheers!

[@satyashil]

Love this! Always exciting to listen to Chamath!!

[@superskarmory3000]

I appreciate his outlook on being able to do what you want regardless of being Sri Lankan. Felt that

[@edgibbs3229]

I’m very surprised Chamath was interviewed. He strikes me as many notches below the people who you’d like to emulate.

[@russp622]

Gee! It's quite refreshing to hear an immigrant not bitching about racism and why the rest of the world is responsible for their misery, but speak for self-reliance and founding principles of the country for once

[@OldTiger-hd5oy]

There are so many immigrants like that. You just don't know them. Maybe you know only those who gripe.

[@magicsaint]

Such an interesting perspective about immigrants and hardship and how they already have an edge in mindset because of the hardship or simply rejecting the norm.

[@enstai]

One suggestion, you don't need to get so close to the microphone. Being too close to the microphone makes the sound unclear and creates noise.

[@corneliusmenges]

Great video! Thank you for investing your time Chamath & Trey

[@dr.manuelkoch3256]

Great content! Chamath is such as smart and authentic guy! Impressive.

[@jameswalker366]

Could be describing “Travis-era” Uber at 17:50. Fantastic analogies. Thanks both for the episode. 👍🏻

[@mildsauce5019]

TIP 355: Start a SPAC for Virgin Galactic and bail on it while your "counter fraud investor friends" happily lap up the crap that you feed them because "the position unfortunately had to be sold"

[@z5m2]

Tip 356: Pump TLSA publicly as a "distributed energy business" that could double or even triple, while privately (and simultaneously) liquidating your entire TLSA position because you don't "have an infinite pool of capital. So when I (you) have these ideas, the money has to come from somewhere." May not be illegal, but its sure seems highly unethical. Caveat emptor with his "advice" or "expert opinion"....

[@michaelmarks9920]

When was this video recorded with Chamath?

[@roodified]

He is in Italy as of now. So probably a month back.

[@costakonti]

CEOs of google,Microsoft and Adobe all came from the same school in India!!

[@Tom0000]

Con-artist 101 with Chamath

[@xxrngxx5]

Trey you should've bring on Christopher Bloomstran as well. Without Chamath knowing of course

[@ChristianHThum]

Great idea.

[@teretere9038]

Fool with a Plan can beat a Genius with no Plan

[@fmalexander5555]

I've heard he's in HEX 👏👏👏

[@bigbaltimore]

Hodl

[@censorshipagainstthemiddle6198]

Perfect interview Style. Most interviewers that interview Chaumont hog all the microphone time

[@mjor6406]

Did Chamath ever mention Canada- the country he grew up in- from grade one to University?

[@lordloneshadow7572]

yep

[@mda0214]

chamath is my favorite investor. love hearing him speak. i be taking all of his quotes very intelligent man

[@StatueCollecting]

You have audio mic issues, not sure if its because the mic sucks no pop filter being used or what it is but your mic sound is god awful. Would be wise to fix the issue.

[@goodgirlmorrison531]

Why all the negative from people ? He is not forcing anyone to listen to him talk. If some people do not want to listen hey it's your computer, tablet , phone how about you touch the mute button or even turn it off. But I will tell you even if you don't like him there might be something you could learn that could be used to impact your life in a positive way. Look for good in people and stop being so negative.

[@th1910]

I love America

[@grumpyae86]

Excellent interview. Always learn something from chamath

[@sams8502]

He's very relatable, his interview Scott Wapner on Tesla and Jim Chanos was extremely inspiring. To see the level of conviction and character that he has to speak back so eloquently to Scott who was trying to act like a bully and using pressure. I honestly think him and Cathy Wood saved Elon and Tesla from collapse.

[@agrippamarcus6533]

Have you seen his conviction when getting people to buy Virgin Galactic and even stronger convictions when he dumped the shares? LOL

[@MK-rk4no]

You know when you see a Tony or a Mario and you think to yourself, "yeah this guy looks like a Tony or a Mario"? Well, this dude, looks like a Charmath. I dunno why but he just has that Charmath sort of look.

[@fannys941]

Namaste! Jaya Sri Rama!

[@ministryoftruth596]

Where can I get the presentation that Chamath mentioned analysing early Amazon?

[@davidyaot]

I love this interview!

[@LostMonk679]

33:00

[@kumarasinghebandara1916]

His professional approach and ability to analyse the trends in the future global financial market prove that he is heading towards the top hundred 💯 BILLIONERS category in the world one day. Congratulations 👏👏CHAMATH.

[@theriverfox]

Chamath being a Virgo and Mark being a Taurus also probably helped him get the job at facebook since those two signs are so compatible.

[@LaMach420]

Gtfo of here 😂

[@Dr.Dumpnpump]

Yah ok lol 😂

[@cheslansimpson]

Great interviewer and interviewee. Chamath is a baller!

[@idolekaka]

46:20 $CLOV

[@humble_chad9372]

Chamath is not a value investor, why is building another Berkshire? Buffet learned to pivot from cigar butt to growth company, but his entire focus has never deviated from company’s cash flow. Even with apple, he did not even invest until 2016. Why? value investors are so misused in these days.

[@bommaritohawaii]

Min 14:30 for a while key

[@censorshipagainstthemiddle6198]

Can you do a breakdown of the fermenting angle?

[@HelderVPires]

by pumping on leverage and dumping on retail ... right ...

[@inventorium8027]

I will see you for sure. inspired and excited. what an eco system with social capital.

[@SHANONisRegenerate]

Some nice quotes in there. Good interview and good to hear from you Chamath

[@lifegrip6477]

Excellent interview. Great to hear you both touch on emotions, self worth and your own intuition and tie it into self-development, investing and a meaningful life.

[@TheInvestorsPodcastNetwork]

Thank you for listening!

[@manyogurt4645]

This video didn't age well. Nothing close to being compared to Berkshire. Absolutely ridiculous.

[@manishanandbhak]

What is the name of the book that Trey mentions? Is it super minds or power minds by Adam Smith? Thank you

[@manishanandbhak]

@Suzanne Kumaramangalam thank you Suzanne 👍

[@AtTheLees]

Overcoming adversity

[@sailorforlifebestti3366]

Did he fix his annual letters?

[@KhanieHa]

What about karma? That is relational to others.

[@user-rk4uw4ge7g]

15:20

[@BrendanMetcalfe]

👍

[@walterharris7866]

Chamath your the Man 👍🏿👍🏿👍🏿👍🏿

[@miareal1746]

This interview should be shared in all high schools in the world

[@robwolfe6120]

Hi thoughts on what value is and its nuance and depth beyond price multiples was awesome. Thank you.

[@devendratripathi5232]

great conversation

[@subtleasianinvestors2793]

Get the Money AND THEN Change the World!

[@pedrosorren]

Your mouth is too close to the mic, your sound is not great this time, unfortunately.

[@EducatedDummy]

Fix you mic buddy otherwise amazing interview with great insightful questions! Hopefully you get him back on! Earned my sub!

[@TheInvestorsPodcastNetwork]

Thank you for your valuable feedback. We're doing our best to improve our audio's quality.

[@6lack5ushi]

“Can I just double click on that” - saved

[@avishkaravindu7853]

❤

[@Dr.Dumpnpump]

He has been in a hurry to torch all his money on SPAC’s and speculation. This guy is a terrible investor who got lucky with Facebook.

[@liftingmysoul]

This is gold!

[@afshinrahimi102]

Inspiring

[@marimoedmond]

Thanks so much for this great interview Trey Lockerbie🙏.

[@TheInvestorsPodcastNetwork]

Thank you for listening!

[@marimoedmond]

@@TheInvestorsPodcastNetwork you are most welcome! Love this channel!

[@jordi0m]

His recognition of starting-line lacks as what pushed him forward; choosing to see it as a blessing, rather than a hinderance, is super powerful.

[@fayolaricotta226]

amazing1 interview I'm a huge fan of Chamath

[@whaioraproductions]

your voice is distorting because youre speaking to close to the microphone

[@wealthInfinity1]

I read a few articles about this guy taking investors money and robbing them in bright daylight through dubious investment schemes. Is it true?

[@mountainman6172]

Just a note: Philips Morriss is now a Health brand. Pssstt! Hvor er Danskern?

[@mr.h.8915]

Great interview. Chamath is sharing knowledge (and wisdom) for free and I love it..

[@gideonpotter4869]

Your clearly too close to the mic dude

[@nickchandra4890]

The interview is good but his take on Buddhism in Sri Lanka is completely wrong. It is not a selfish religion. It cares a lot about others. It would be interesting to see whether he has provided any help or funds to his motherland when the country needs it most now with the current Covid crisis before criticizing Buddhism. I know he has said this in the past but he has portrayed his family as political victims in the past where a journalist has questioned the statement. He comes from the majority Sinhalese Buddhist community with no necessity for political asylum so that statement needs to be examined rigorously as to why his father sought political asylum in Canada when the true motive could have been economic asylum. He also doesn't seem to give much credit to Canada where he grew up.

[@timdissanayake1502]

Buddhism is all about yourself

[@gayanthiwalpita3621]

I 100% agree on this as Buddhism is not selfish religion. Even non Buddhist believe in Karma. If you do something bad to someone it will come after you and vise versa.

[@knhkib]

Chamat inspires me with his talks on finance. When I listen to him, I feel calm, almost like I'm meditating. His knowledge and ability to bring mindfulness to his talks is amazing.

[@TheInvestorsPodcastNetwork]

Couldn't agree more! Thanks for sharing 🙌

[@ArchesBro]

You realize people who invested in Chamaths SPACs lost their ass right? He sold at the top too and left everyone else holding the bag, he is a scammer doing pump and dumps and you guys are suckers

[@GATHSARA_CHAMATH]

The sri lankan 🇱🇰

[@redtastytrade2665]

Worst time stamp ever. you might as well put one stamp "Chamath talking"

[@hoskinsresearch]

Did anyone else get a SoFi ad on this video?

[@Oscarnnanna]

A lot of knowledge packed into this interview

[@zackthomas6970]

Mic ruined the entire interview, it was cringe worthy.