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For your information, you can find below the description of the video "This Will Last Longer Than I Initially Thought" | Chamath Palihapitiya LAST WARNING published by the Youtube channel Only The SAVVY:
In his All-In Podcast, venture capitalist Chamath Palihapitiya gave a bearish outlook and warning for both retail and high-level investors alike. The economic landscape is undoubtedly changing, and the Federal Reserve has once again shown no signs of slowing its aggression to tame inflation, with Federal Reserve Chairman Jerome Powell stating that he’d rather over-correct than under-correct, because he has the tools box to fix the broken bones. This sentiment has Chamath believing that we might be in this very expensive capital environment for way longer than he initially thought, citing that things may not come back to “normal” until 2025. Chamath warns that the dollar in front of your face is more valuable than dollars you anticipate making 6 months down the road because the circumstances have changed.
Chamath Palihapitiya is a Sri Lankan-born Canadian and American venture capitalist, engineer, SPAC sponsor, founder and CEO of Social Capital. Palihapitiya was an early senior executive at Facebook, working at the company from 2007 to 2011. Following his departure from Facebook, Palihapitiya started his fund, The Social+Capital Partnership, through which he invested in several companies, including Yammer and Slack. He is a co-host of technology podcast All In. Chamath has an estimated net worth of around US$1.2 billion, ranking him 2,378th in the Forbes list of Billionaires 2021.
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► To watch the full interview:
https://www.youtube.com/watch?v=Ma6XineLufc&t=599s
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