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#974 Chamath Palihapitiya on How To Invest Through A Crisis (2020 Replay)

The Pomp Podcast

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The Trail of Bread Crumbs

In banking, your market cap has been shaved by 30 to forty %. Every single company is going to be under an enormous amount of pressure to re base line their expenses. So i tend to think this is a multi year um and i don't want to become too alarmist but i do think its something that's sort of akin to a depression or 25% unemployment. And it's going to take a long time for ussort through all the damage.

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