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The Pomp Podcast

#258: Billionaire Chamath Palihapitiya on How To Invest Through This Crisis

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.62K Ratings

🗓️ 2 April 2020

⏱️ 85 minutes

🧾️ Download transcript

Summary

Chamath Palihapitiya is the CEO of Social Capital, the Chairman of Virgin Galactic, and the owner of the Golden State Warriors. In this conversation, Chamath and Anthony discuss how billionaires quarantine, where Chamath currently has capital invested, how he thinks we can solve the structural issues in health and economics, why being a patient investor will pay off, where he is looking for opportunity right now, what he thinks should happen with the NBA, and how the world is going to change after the pandemic is over. =============================== The Profile is a weekly newsletter featuring the most interesting profiles of successful people and companies. Learn from the best to become the best at readtheprofile.com ===============================

Transcript

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0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening

0:04.5

Off the Chain, simply the best podcasting crypto. Let's kick this thing off.

0:11.1

Chamoth Palopatia is the CEO of Social Capital, the chairman of Virgin Galactic, and the owner of

0:17.3

the Golden State Warriors. In this conversation, we discuss how billionaires quarantine, where Chimoth currently has capital

0:24.4

invested, how he thinks we can solve the structural issues in health and economics, while

0:29.3

being a patient investor will pay off, where he is looking for opportunity right now, what

0:34.3

he thinks should happen with the NBA, and how the world is going to change after the

0:38.2

pandemic is over. I really enjoyed this conversation, and Chamoth didn't disappoint. But before we

0:43.7

get into the episode, I want to talk about today's sponsor, The Profile. The Profile is a weekly

0:48.6

newsletter written by Plina Maranova that curates the best long-form content around the most successful people and companies in the

0:56.6

world. I read it every Sunday and I find it invaluable. Go ahead and subscribe at readtheprofile.com. Again,

1:04.1

readtheprofile.com. All right, let's get into this episode with Chamoth, and I hope you guys

1:08.7

enjoy this one. Anthony Pompliano is a partner at Morgan Creek Digital. All opinions expressed by

1:15.1

Pomp or his guests on this podcast are solely their opinions and do not reflect the

1:19.3

opinions of Morgan Creek Digital or Morgan Creek Capital Management. You should not treat

1:23.6

any opinion expressed by Pomp as a specific inducement to make a particular investment

1:28.2

or follow a particular strategy, but only as an expression of his opinion. This podcast is for

1:34.2

informational purposes only. All right, guys, bang, bang. I've got Chimoth here with me. You need

1:40.2

no introduction, but you've done everything from incredible investing career to also

1:47.0

running the growth team at Facebook, built a number of companies, etc. Thanks for coming to do this.

1:53.3

Thanks for having me on. For sure. Let's start it off with a fun question.

1:58.1

Feel like nobody ever gets asked this anymore, but you're a billionaire.

...

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