Chapter
Investing in Uber: A Costly but Good Outcome
48:22 - 58:39 (10:17)
The speaker talks about the frustration Uber experiences due to regulators being triggered by competitive interests like taxi cab companies, and why investing in companies like Uber is not like playing the lottery.
Clips
The mental space in which regulators operate tends to involve viewing themselves as protectors of important groups in society, which is why they end up being triggered by competitive interests like taxi cab companies, wanting the world to remain the same way as it was in the past.
48:22 - 51:00 (02:38)
Summary
The mental space in which regulators operate tends to involve viewing themselves as protectors of important groups in society, which is why they end up being triggered by competitive interests like taxi cab companies, wanting the world to remain the same way as it was in the past.
ChapterInvesting in Uber: A Costly but Good Outcome
Episode#270: Investing Wisdom from Marc Andreessen, Peter Thiel, Reid Hoffman, Chris Sacca, and Others
PodcastThe Tim Ferriss Show
The speaker discusses the decision to split the investment with Mark Zuckerberg because it is part of being a good partner with him, despite it being the most expensive economic decision he has made.
51:00 - 55:46 (04:45)
Summary
The speaker discusses the decision to split the investment with Mark Zuckerberg because it is part of being a good partner with him, despite it being the most expensive economic decision he has made. Integrity and high sense of ethics are important in making the decision to split the investment with his partner.
ChapterInvesting in Uber: A Costly but Good Outcome
Episode#270: Investing Wisdom from Marc Andreessen, Peter Thiel, Reid Hoffman, Chris Sacca, and Others
PodcastThe Tim Ferriss Show
This podcast discusses the dangers of the "spray and pray" investing strategy involving making small investments with no conviction or research on the company.
55:46 - 58:39 (02:53)
Summary
This podcast discusses the dangers of the "spray and pray" investing strategy involving making small investments with no conviction or research on the company. It argues that investors should avoid treating companies like lottery tickets and instead focus on making informed decisions about their investments.