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Their words
the median venture capitalist has not been much better at harvesting alpha than the median mutual fund manager or PE investor
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Chamath Palihapitiya Newsletter
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2 September
26 August
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Their words
The other thing I'd say is that most organizations don't know what they want. They don't know how to make it better. They're not bottlenecked on implementation. They're bottlenecked on ideas. They're bottlenecked on vision. They're bottlenecked on taste. And if you don't have those element in excess of your implementational capacity, it doesn't help. So you can make a lot of shitty ideas come true, then what?
1 August
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korrents.com
Complaining about China's trade surpluses and excess capacity has not worked and will not work.Their words
I think complaining about trade surpluses and excess capacity has not worked, and is not going to work.
20 July
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Their words
And what they found is there's kind of this um bell-shaped curve between energy availability and brain volume. And in general, brain volume, right, the more the better, right, we think. And so if you're chronically calorically restricted, your brain is smaller um because you just don't have the resources to invest in, you know, the structure um and to maintain it. At the other end, you see the same thing. So if you're chronically in a chronic state of chloric excess, you also tend to have a smaller brain on average.
9 December 2025
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Their words
There’s a consistent history of transformational technologies generating excessive enthusiasm and investment, resulting in more infrastructure than is needed and asset prices that prove to have been too high. The excesses accelerate the adoption of the technology in a way that wouldn’t occur in their absence.
27 April 2023
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