Chamath Palihapitiya

He had a moment where he was kind of right.

It's short the market and you get it two orders of magnitude wrong.

It's short the market and you get it two orders of magnitude wrong.

That seems quite wrong.

That seems quite wrong.

I'll take a walk down Conspiracy Corner.

I'll take a walk down Conspiracy Corner.

Maybe the actual person is not economically illiterate, but the exact opposite, and then writes the error on purpose, knowing that whoever has to review it has absolutely no idea what they're talking about, and then they themselves are short.

Maybe the actual person is not economically illiterate, but the exact opposite, and then writes the error on purpose, knowing that whoever has to review it has absolutely no idea what they're talking about, and then they themselves are short.

So I wonder if CNBC should investigate whether this person actually had a trade on.

So I wonder if CNBC should investigate whether this person actually had a trade on.

You're either a complete moron, and you don't know how the financial markets work, in which case you probably should be working at some other media outlet, not CNBC covering the markets, or...

You're either a complete moron, and you don't know how the financial markets work, in which case you probably should be working at some other media outlet, not CNBC covering the markets, or...

you know how well they work and you know the people above you have no idea.

you know how well they work and you know the people above you have no idea.

And so you yourself shorts the market.

And so you yourself shorts the market.

You're basically copying the Burry trade, but then you rewrite the headline to look like it's two orders of magnitude bigger, which actually could have moved the market if you saw a yard short

You're basically copying the Burry trade, but then you rewrite the headline to look like it's two orders of magnitude bigger, which actually could have moved the market if you saw a yard short

I mean, yeah, like that would have probably gotten my attention had I read it.