![All-In with Chamath, Jason, Sacks & Friedberg All-In with Chamath, Jason, Sacks & Friedberg](https://podhoney.com/wp-content/uploads/2020/07/838456-1595547364233-07858b65a4ee-150x150.jpg)
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Follow the pod:
https://twitter.com/theallinpod
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Intro Music Credit:
https://twitter.com/yung_spielburg
Intro Video Credit:
https://twitter.com/MikeSylvan
Referenced in the show:
The Insiders’ Game by David Sacks
https://www.persuasion.community/p/the-insiders-game
ABC News – CA EDD admits paying as much as $31 billion in unemployment funds to criminals
Forbes – Why California Is In Trouble – 340,000 Public Employees With $100,000+ Paychecks Cost Taxpayers $45 Billion
Rescue California – Recall Gavin Newsom
Show Notes:
0:00 Wrapping up the Robinhood situation: major lessons learned, Elon’s Clubhouse interview with Vlad, is the cash infusion to Robinhood a trade of the year candidate in 2021?
20:21 Understanding short positions – why do firms short, more transparency & margin requirements
26:08 Sacks on the growing insider vs. outsider theme in politics & finance, importance of institutions in chaos
31:45 Breaking down California’s report card, why the state is such a mess, what structural problems plague it & how to fix them
1:02:04 Chamath’s Aziz Ansari story, Governor potential, top ways to save California
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