Chapter
Clips
The angle of attack for the Fed has changed in response to the pandemic, leading to slower recovery times and more expensive capital.
30:56 - 33:00 (02:03)
Summary
The angle of attack for the Fed has changed in response to the pandemic, leading to slower recovery times and more expensive capital. Entrepreneurs and investors need to adjust their cost structures accordingly.
ChapterDavid Friedberg on the Fed's Change of Approach
EpisodeE103: Tech layoffs surge, big tech freezes hiring, optimizing for profits, election preview & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Corporate bonds offer higher rates of return than treasuries but come with the risk of default.
33:00 - 35:32 (02:31)
Summary
Corporate bonds offer higher rates of return than treasuries but come with the risk of default. This allows investors to take on tech risk with a threshold return that they seek in equities.