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E0: COVID-19 Political, Economic & Social Ramifications featuring The Production Board's David Friedberg (frmly Founder/CEO, The Climate Corporation)
All-In with Chamath, Jason, Sacks & Friedberg
Can We Make One % a Year?
We have gone through a multi ear period of incredibly low volatility. In that period of low volatility, two things have happened. The first is that we have had public market participants get absolutely levered up. And the second is the emergence of quanfunds and algarythmic trading. That's a really big difference that doesn't really exist or didn't exist in these times. We're going to be in a very violent thrashi environment as we de lever e right now.
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