Okay, Computer: Private Tech Snaps Back to Reality: Freestylin’ with Rick Heitzmann & Chamath Palihapitiya
RiskReversal Pod
00:00
The Biggest Risk Asset Bubble Right Now
The biggest risk right now is not that the market or investors come around to the fact that S&P earnings are going to be down 10 percent this year to 180 dollars and therefore there needs to be a lower S&P 500. I think the risk is that for whatever reason we just reignite the risk asset bubble right here because if we don't learn anything from the period that we were just in it just sets us up for the same sort of mistakes that we make again. Only 10% of all of the firms in our asset class actually generate real returns which means 90% are basically flounding around burning money. We need these rates to be sustained for you know five six seven years
Play episode from 31:07
Transcript
