Chamath Palihapitiya talks about the best way to become rich and build wealth. He emphasizes the importance of “slow compounding”. Compounded investment returns have helped make investors, like Warren Buffett, billionaires. Chamath is the founder of Social Capital, a prominent venture capitalist, and the “King of SPACs”. This interview originally took place in 2017.
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OTHER VIDEOS YOU MAY LIKE:
▪️Charlie Munger: Avoid These Mistakes to Double Your Net Worth: https://www.youtube.com/watch?v=omqdy4_5iXw
▪️Howard Marks on Investing in a Low Interest Rate Environment: https://www.youtube.com/watch?v=MRpgOfSL4TU
▪️Charlie Munger: 100 Years of Wisdom Summed Up in 20 Minutes: https://www.youtube.com/watch?v=S15XpqbUFFA&list=UU2cL3pI1H3tiozKif6A8fmA&index=19
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22 Comments
DA #1 way to get rich is to scam people using SPACS -CHUM BUCKETS PAPTYALI
Chamath is active on twitter though.
He lost 90% of his wealth …
The number 1 secret to become rich is don't invest in any of Chamath's SPAC's
"Slow and steady against hard problems." Just like Chamath did with his SPACs? … Yeah, that's not the answer the this guy's question, for sure.
The dummest retail investors are the ones that think Chamath is on their side. The guy knows exactly what he’s doing, builds up hype, and dumps his shares on retail every time – and has made a lot of money doing so. Most successful pump and dumper.
Chamath belongs in jail for dumping worthless SPACS on his young fans.
This guy still has credibility?
Win the hearts of people, create a SPAC, sell as soon as possible.
Just a pump and dump guy. This guy has no creditability. I would rather listen to Buffett.
Hmm. I like what he preaches, but he obtained his from Social Media and SPACS. Not exactly slow and compounding, more like get rich pump and dump his share rich. He's kinda like a pied piper.
This guy has such a fucking bad mouth
It is actually good advice. Fabian style
Great advice
This maggot is finished now
It’s easy. Take you FB money, wear hip clothes, go on CNBS and pump n dump stocks! Easy!
FCP
I have been watching some videos and I was thinking about investing in bitcoin or forex , but still don't know where to start from, any recommendation?
Wow
1:30
3:25
I just got rekt. And rekt myself again by coming here into the comment section to post that I got rekt.
And flipping SPACS . This crook
i love this guy