원문 보기
Elon Musk started sharing by saying that he thinks it would seem like we're headed into a recession here in 2023 the magnitude of that recession is debatable but he thinks it's at least a light to a moderate recession potentially it's on the order of 2009. according to Elon Musk the most prudent course of action is to make preparations for the worst case scenario while maintaining positive expectations avoid taking too many risks and keep an eye out for things like margin debt in a stock market that is unpredictable he encourages individuals to avoid taking on margin debt and from a financial perspective he tells them to keep their powder dry when the market is in a downward spiral some really drastic things can happen even though you had a loan with a low margin you still got hammered in that place and subsequently recovered and he believes that you know too much higher levels but if there is something resembling Widespread Panic in the stock market then you really need to be careful about margin debt we are aware that the economy moves in Cycles a downturn in the economy is long overdue and he believes that we will be experiencing turbulent times over the next Year to one and a half years according to his best estimate after that around Q2 and q24 things start to become clearer recessions are not like booms they do not continue on indefinitely however recessions don't help much either says that he has been guiding our portfolio company CEOs to be at cash flow break even now or extend the runway to q1 of 2025.
well Elon and jamad are kind of roughly in the same place that they have been for a while this is like mid 24 is when the recession ends and you need to give yourself two to three quarters of buffers so that you can go and race around which takes a quarter to two corners and once you start to escape velocity out of our session having money through the end of q1 2025 he thinks is a minimum requirement and you know if the company said he thinks were the most precariously positioned there were five of them that got their acts together and really did it but these are all CEOs of companies Elon Musk said that Stan drucken Miller does recall last year he predicted that inflation would last the spring of 2021 when transitory was the word of the day this year he predicted the bear Market rally we had in July and August and he remembers back at the coaching Summit in May then around that time he was interviewed and he basically was saying that as soon as there was a bear Market rally over the summer he would then put a short position on now he is predicting a hard Landing in 2023 with a deeper recession than many expect chamat said that drunken Miller is one of the best investors for him chairman indicated that drunken Miller has been doing interviews pretty much every quarter for the last two years and he's been pounding the table telling everyone what's going to happen and it all happened and he even told people about the trades in mid-2021 he said he was short elongated treasuries and he was long commodities and if you had put those two trades on that time and help them today you would have made a fortune and so Chama thinks he is an extraordinary in his ability to kind of see the macro in a way that others don't but also to take extremely brave action with his portfolio he's renowned for how big the bets that he makes and how quickly he can change his mind when he's wrong and make another big bet and still get himself out of the hole drunken Miller is incredible according to jamat the greatest company loser in terms of dollars this year was big Tech and he believes that people witnessed three things happened this year that he thinks are essential for the future the first reason was it was the trade that was most heavily participated and by the retail Traders as well as professional money managers and that fever gradually subsided in the second half of this year and now going to these last few weeks you're seeing a lot of panic selling to cover losses and other things so trema thinks that number one happened number two Regulators basically said that we are going to go after these guys every single way we can and then number three gay things started to change the Innovation cycle where people now actually believe that they can outspend because folks won't tolerate it and the things that they're spending their money on seem kind of foolish and so he thinks the Big Deck is probably not discussed enough but it was a huge loser for this year David Friedberg was also questioned in this interview David Albert Friedberg is a business owner angel investor and entrepreneur from the United States He founded and led the Climate Corporation Monsanto paid 1.1 billion dollars buying it in 2013 making it the first pioneer company in the new field of agricultural technology the journalists inquired about friedberg's biggest business loser for 2022.
Friedberg said that it is just simple it is FDX he meant that with such incredible revelation of the scale of the scam and the fraud and the craziness that went on and he thinks what was interesting about FDX is it had implications not just for crypto and not just for kind of offshore or regulatory not just for fraud but also for the investors we had a whole debate about whether the press and journalists failed to kind of you know appropriately investigate this guy rather than give him accolades because he said the right things which he said he did over him and investors failed to do relevant amounts of due diligence or form a board and have proper governance over him because they wanted to be a part of the hot new thing and everyone had the capital to deploy and he thinks what was interesting about the FTX failure is it wasn't just a failure due to fraud but it revealed so many parts of Kaine you know systemic laziness and systemic kind of Blind Eye and systemic bias that allowed to enable this to happen it was really a revealing kind of failure and that's why he kind of give it the award David Oliver Sacks is a South African-American entrepreneur author and investor in internet related businesses he also owns a business in the United States and in addition to that the question regarding his most significant financial setback in 2022 was post to him chamat asked Mr David Zacks who is your biggest business loser of 2022.
David sacks says that he picked Bob chapek he is the former Disney CEO he was eager's hand-picked successors three years ago but then the pandemic hit was shut down the theme parks but then David sacks think the big mistake was allowing himself to be mauled by woke employees into picking a fight with the santis over the so-called Gabriel that caused the santis to retaliate by threatening the special privileges that Disney enjoys in the state and then he had eager undermining him because the scenes this was revealed he thinks in a Wall Street Journal story that he was grossing to insiders that jpeg was not soliciting his advice and he was undermining confidence in the board and recently Chuck Peck was forced out and David Sachs was put back in control chairman thinks that the worst trend of 20 was the continued for affiliate spending by the federal government we have a record deficit and record that and this year we are ending the Year by adding another 1.65 trillion dollars of spending that nobody can seemingly account for David sax is sharing that the worst trend for him was his authoritarianism growing all over the world and he thinks that's a pretty distant prediction this year's worst trend is the government colluding with big tank to engage in censorship this is how they're going to do authoritarianism and this whole series of Revelations known as the Twitter files we can see this Coalition this relationship is between the sensors at Twitter and big Tech the bureaucrats at the FBI and VHS and Pentagon this is a really disturbing dystopian relationship as we talked about it earlier and you know he feels like we spent all this time talking about the authoritarianism in Russia and China we seem to be obsessed with combating that and going to war with that but we don't spend enough time talking about this growing authoritarianism at home the media doesn't seem to want to report all the Twitter files at all so let's focus on stopping authoritarianism here Friedberg shares that the worst trend for 2022 is what he would call interest rate Mania and he thinks that this is the Mania that we've been caught up in on the show that other people on our thread people in the business community and the investing Community where everyone's Obsession what did the FED act soon enough or late enough and that interest rates ultimately Drive success or failure with building businesses and making good Investments and the truth is when interest rates go the wrong way good Investments can kind of strengthen their way through those environments but bad Investments cannot good businesses can make their way through and bad Investments cannot and so he thinks Armenia around the fact that interest rates in the FED ultimately drove bad outcomes and businesses and Investments is a flawed kind of assertion and we all want to kind of get back to the drunken days where you know a low interest rate environment enables us all to be successful and wealthy and he thinks that's kind of changed so he thinks it's time for us to get away from dangerous rape media and focus more on solid investing and solid business building if you have any comments or questions please post them in the comment section provided below we want to express our appreciation for the time you have spent with us all as well as the attention you have paid to us and we look forward to hearing from you
댓글 0