Chapter
The Consequences of Underinvestment in Macro and Micro Level
38:08 - 47:53 (09:44)
The speaker predicts a few years of pain and unprofitable money-losing businesses due to the underinvestment in macro and micro levels, which have distorted people's incentives to work and led to increased prices.
Clips
The economic indigestion may take until 2022 to unwind, as more money supply can lead to home prices and lumber prices fluctuating while the supply chain and mismatched goods work their way through the system.
38:08 - 42:34 (04:26)
Summary
The economic indigestion may take until 2022 to unwind, as more money supply can lead to home prices and lumber prices fluctuating while the supply chain and mismatched goods work their way through the system. The markets will experience a few difficult years resulting in unprofitable businesses selling future cash flows.
ChapterThe Consequences of Underinvestment in Macro and Micro Level
EpisodeE57: Understanding Omicron, tech stocks plummet, VC's great resignation, Jack Dorsey's departure
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Due to the reduction in immigration during Trump's presidency, the United States lost 2.1 million eligible workers, leading to a decrease in competition for labor and potential shortages.
42:34 - 46:26 (03:51)
Summary
Due to the reduction in immigration during Trump's presidency, the United States lost 2.1 million eligible workers, leading to a decrease in competition for labor and potential shortages. This could result in the need for higher wages or increasing importation of skills-based workers.
ChapterThe Consequences of Underinvestment in Macro and Micro Level
EpisodeE57: Understanding Omicron, tech stocks plummet, VC's great resignation, Jack Dorsey's departure
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The decision to retire from fund management is more understandable for partners or those who have had a successful run generating returns and making more money than they thought they would.
46:26 - 47:53 (01:27)
Summary
The decision to retire from fund management is more understandable for partners or those who have had a successful run generating returns and making more money than they thought they would. Statistically, the return outcomes that have been achieved are unlikely to be repeated.