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Big Tech Wreck As Earnings Disappoint | Weekly Round Up

Supply Shock

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The Kitchen Sink Type of Bets

Zuckerberg has been right about a lot of stuff. I think it has to do with expected value bets. When you're young as a company, it makes sense to bet the kitchen sink on things. That investment committee should be an odd number and three is too many. There is no better decision maker than a single person. Just full stop.

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