3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E97: SPAC updates, public/private market overview, Putin's end game & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Marginal Trade Should Have Been Trimming Risk

The two most important founders of our generation, the two smartest people who have really consistently won, Elon Musk and Jeff Bezos, have collectively sold more than $11 billion of their holdings this year alone. And if you can't take all of that and decide for yourself what's right for you and your family, you're doing yourself a disservice. The marginal trade should have been to be trimming risk. I'm not dissimilar to everybody else in that I use other people that I look up to or respect as a leading indicator of what to buy.

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