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Billionaire Chamath Palihapitiya on taking a break from making investment decisions
Billionaire Chamath Palihapitiya has announced that he is taking a six to twelve month break from making investment decisions, saying that he only wants to invest in places where he feels he has an informational advantage or a conviction that he can't quite explain. He has said that he wants to make himself accountable by saying it publicly, and he is not one of those people who uses intuition as justification for lots of haphazard decision-making.