E78: VC fund metrics that matter, private market update, recession, student loans, Bill Hwang arrest
All-In with Chamath, Jason, Sacks & Friedberg
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The Psychology of Risk in Wealthy Financiers
This chapter explores the psychology behind high-stakes financiers who engage in risky and unscrupulous behaviors despite their significant wealth. It contrasts their relentless ambition with typical investors seeking sustainable returns, examining the motivations that drive individuals to gamble for extreme gains.
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