A call is only graded once it's had time to play out and the stock has moved beyond its normal range — long-term views get a full quarter before we'll say they're tracking against.
Chamath describes CoreWeave as an excellent business, noting its model is focused on training workloads with customers locked into guaranteed future commitments rather than spot pricing.
So then you go to CoreWeave. Okay, fine. But what does CoreWeave tell you? They're an excellent business. A, it's all training.” ⚑
Chamath argues that as debt-to-GDP ratios rise globally and currencies erode, people will seek real durable assets, and gold will do 'much, much better over time' as a hedge against dollar depreciation.
we probably see things like gold. Do much, much better over time because people will be afraid about the durability of their dollar-denominated resources.” ⚑
Chamath argues Ferrari's new CEO is talented and will likely produce a beautiful product, and that Ferrari's ultra-premium positioning means it will retain a market among wealthy buyers even as autonomous driving erodes broader car culture — luxury and experience justify the price.
I think that the new CEO, Benedetto Vigna, he's a very talented executive, and I think that he's probably going to land something beautiful... the experience inside of the Ferrari is second to none.” ⚑