Brian Armstrong
π€ SpeakerAppearances Over Time
Podcast Appearances
If we were in sort of a Singapore model where like,
the top people in private industry got commensurate compensation to come into government.
Like, I think, you know, Michael Grimes from Morgan Stanley, I think, came in and was working with the administration at some point.
Like, someone like him would probably do a good job managing that and allocating it.
Do I believe that that's going to exist in all...
in every administration for, you know, over time, like it's just very hard to see it getting, it could very easily get politicized, right?
Where they start investing in the green revolution, whether that works or not, or, you know, all kinds of things like that.
So I, I don't know, I'm torn, I'm torn on that one.
We got to find some way to bring cohesion back to the US, but I'm not sure if a sovereign wealth fund would be managed well over time.
Like just having a strict rule, like keep it in the S&P 500 would be a nice mitigating factor, something, something like that.
Well, a couple of things come to mind.
One is there should be some healthy tension, I think, between a founder, CEO and a CFO.
I mean, founders are great at many things, but if you just have too much founder energy, sometimes they blow the place up, right?
We can probably think of our favorite companies in that example.
But simultaneously, you don't just want to have risk-minded operators running the show.
And that's just a recipe for incrementalism or even slow decline, right?
So
I think it's sometimes the press likes to report on these things of like, oh, my gosh, there's drama happening.
But, you know, I'm like, that's called a healthy conversation.
So I imagine that they're they're actually working like relatively well together on this.