Chamath Palihapitiya
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I think Chamath has a good point about being risk-off right now, because if you just look at valuation metrics,
I think Chamath has a good point about being risk-off right now, because if you just look at valuation metrics,
They do seem to be quite high.
They do seem to be quite high.
And I've seen other versions of those metrics as well.
And I've seen other versions of those metrics as well.
So look, it's very, very hard to time the market.
So look, it's very, very hard to time the market.
I don't try.
I don't try.
But I think you could make an argument just based purely on valuation levels, not events, that you want to adopt a more conservative posture right now.
But I think you could make an argument just based purely on valuation levels, not events, that you want to adopt a more conservative posture right now.
I'm crazy with it.
I'm crazy with it.
Love you.
Love you.
Nice to meet you.
Nice to meet you.
Wet your feet.
Wet your feet.