ak1979

Invested a decent sum in June-2018 in IPOA.. no clue of which company the SPAC funds would be invested.. After watching quite a bit of Chamath speaking and learning about his principles in investing.. they are not bad. Exploiting the inequitiy not only in markets but in how talent is spread across the spectrum of people. He sounded like Buffett in the early 70's.. set out to do something different and going about it in a logical manner. I'm using the word "like".. A individual's attitude and psychology may be properly determined after watching their actions for a longtime. There is an unknown to the external observer about the individual . Any who didn't meant to diverge, it was necessary to express what i thought at the time. Things checked out well and i scaled investment after they decided to merge with Virgin Galactic.. watching Richard Branson step away from his main duties and focus on space exclusively in the decade after 2010 + learning about Burt Rutan and his brilliance designing planes (There is thing about few individuals cracking aerodynamics more than others just like any other fields ). Later on.. in 2018 learned about the Choas at Chamath's private equity.. how all the partners started moving away to Kleiner Perkins, other reputed VC firms.. still held IPOA with the faith in Chamath.. fast forward in Jan-Feb 2020...SPCE was trading at crazy valuations..i sold between $20-35... sold out to a inflated valuation....a 3-bagger..not bad. held stock when it was down to $8-7... in SPCE without hesitating in late 2019. There is difference between "perception of" 18th century morals to 19th century morals to 20th century morals to 21st century morals... when you see Buffett and his way of dealing things.. and i'm sure there is style associated with any successful investor.. having appreciated Buffett for years and his principles of sticking through thick and thin... Chamath might have 21st century morals.. which is quite different and irritating to the eye.. watching it in Buffets frame of reference.. things look inferior how a partner or investor might be treated if you invest with Chamath as a small guy... I'm more watchful after the rapid SPAC's he launched in 2020.. Chamath may still be successful in the future.. there is some unsettling things if you zoom in watch every action he is taking. is he going to deploy capital well..? over the longer term. Yet to be seen...in comparison to the greats.

LOL I can see him in isolation at home, unable to get his FaceTime to work. Or maybe his router needs to be reset, and nobody there to help him. Big Co CEO: "Why is Buffett not answering our offer? Should we raise pref rate from 9 to 10%? Should we add warrants? He said he'll answer in 10 minutes and it's been an hour already..." <meanwhile> Buffett: "Why is my computer not working? I need to answer that Big Co CEO and get my elephant! I think I need to do something to restart this computer! Maybe Bill knows! Where is my iPhone? Can anyone find my iPhone? Oh, nobody's here, I'm in self isolation... Where is my iPhone? Maybe Tim knows where it is." There is an advantage in not being too smart in investing. if i know too much about tech, bio-tech, rail,oil.. etc.. i'm thinking i'm getting signal.. but the fact is : Nature mixes signal and noise well to make it look like signal. Only a few people like Buffet know what signal is most times when it's pitched.