Chapter
Clips
The speaker thinks Microsoft mismanaged buying while chasing returns in a world of 0% interest rates and secured it with short term and variable deposits leading to a lot of firing and twisting of arms.
2:06:36 - 2:10:12 (03:36)
Summary
The speaker thinks Microsoft mismanaged buying while chasing returns in a world of 0% interest rates and secured it with short term and variable deposits leading to a lot of firing and twisting of arms.
ChapterThe Chase-Gate and the Fall of Jamie Dimon
Episode#367 – Sam Altman: OpenAI CEO on GPT-4, ChatGPT, and the Future of AI
PodcastLex Fridman Podcast
The Archegos Capital saga highlights the dangers of misaligned incentives and the inadequacy of financial experts, leaders, and regulators in keeping up with a rapidly changing world.
2:10:13 - 2:13:43 (03:30)
Summary
The Archegos Capital saga highlights the dangers of misaligned incentives and the inadequacy of financial experts, leaders, and regulators in keeping up with a rapidly changing world. A full guarantee of deposits, well above the current limit of $250k, would go a long way in boosting the security of deposits for investors.