Chapter
The Benefits of Long-term Conviction Investing
15:39 - 37:18 (21:38)
The podcast discusses the benefits of having long-term conviction in investing and not making short-term decisions based on market fluctuations.
Clips
The discussion centers around the importance of maintaining conviction in a business or an idea, regardless of temporary market conditions, versus making short-term decisions based on current valuations.
15:39 - 27:09 (11:29)
Summary
The discussion centers around the importance of maintaining conviction in a business or an idea, regardless of temporary market conditions, versus making short-term decisions based on current valuations. They highlight the inversion of private capital markets being overvalued relative to public markets, with several examples of this dynamic playing out over the last 15 years.
ChapterThe Benefits of Long-term Conviction Investing
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker shares their experience of missed opportunities in venture capital and how they learned to have more mental flexibility and humility to make better investment decisions.
27:09 - 31:18 (04:08)
Summary
The speaker shares their experience of missed opportunities in venture capital and how they learned to have more mental flexibility and humility to make better investment decisions.
ChapterThe Benefits of Long-term Conviction Investing
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The ability to hold onto costless options for an extended period of time and wait for them to go public is an advantageous form of portfolio construction.
31:18 - 37:18 (05:59)
Summary
The ability to hold onto costless options for an extended period of time and wait for them to go public is an advantageous form of portfolio construction. The recent Amazon union election also had heavy lobbying involvement from unions and Amazon, resulting in a majority vote against unionization.