E28: Current state of public & private markets, Archegos debacle, US debt issues, wealth tax & more

<p>Follow the besties:</p> <p><a href= "https://twitter.com/chamath">https://twitter.com/chamath</a></p> <p><a href= "https://linktr.ee/calacanis">https://linktr.ee/calacanis</a></p> <p><a href= "https://twitter.com/DavidSacks">https://twitter.com/DavidSacks</a></p> <p><a href= "https://twitter.com/friedberg">https://twitter.com/friedberg</a></p> <p>Follow the pod:</p> <p><a href= "https://twitter.com/theallinpod">https://twitter.com/theallinpod</a></p> <p><a href= "https://linktr.ee/allinpodcast">https://linktr.ee/allinpodcast</a></p> <p>Intro Music Credit:</p> <p><a href="https://rb.gy/tppkzl">https://rb.gy/tppkzl</a></p> <p><a href= "https://twitter.com/yung_spielburg">https://twitter.com/yung_spielburg</a></p> <p>Referenced in the show:</p> <p>Axios - Changes to capital gains taxes omitted from Biden's infrastructure plan</p> <p><a href= "https://www.axios.com/biden-infrastructure-plan-capital-gains-taxes-318224d2-84f8-4c48-b5db-bbcec5fdd74f.html"> https://www.axios.com/biden-infrastructure-plan-capital-gains-taxes-318224d2-84f8-4c48-b5db-bbcec5fdd74f.html</a></p> <p>Cal Matters - A wealth tax could sabotage California's recovery</p> <p><a href= "https://calmatters.org/commentary/my-turn/2021/03/a-wealth-tax-could-sabotage-californias-recovery"> https://calmatters.org/commentary/my-turn/2021/03/a-wealth-tax-could-sabotage-californias-recovery</a></p> <p>Healthline - COVID-19 Vaccines May Help Stop Virus Transmission: Here's What We Know</p> <p><a href= "https://www.healthline.com/health-news/covid-19-vaccines-may-help-stop-virus-transmission-heres-what-we-know"> https://www.healthline.com/health-news/covid-19-vaccines-may-help-stop-virus-transmission-heres-what-we-know</a></p> <p>Show Notes:</p> <p>0:00 Besties intro, state of the public & private markets</p> <p>18:54 Chamath receives inspiring note re: last week's longevity talk</p> <p>21:17 Archegos debacle, issues with trading on margin</p> <p>32:26 Biden's infrastructure bill, US government becoming overleveraged</p> <p>45:45 Potential tax hikes, inefficient deployment of capital, California wealth tax impact</p> <p>52:59 Trade off between freedom & equality, how free markets spur innovation, generational changes</p> <p>1:05:14 Is a wealth tax constitutional? Vaccine update</p>