E83: Market slide continues, and how to address Uvalde

<p>0:00 Bestie Guestie Brad Gerstner joins the show</p> <p>1:00 All-In Summit recap and best moments</p> <p>16:45 State of the markets, $ZM/$SNOW earnings, how much more uncertainty?</p> <p>29:53 $SNAP drops after miscalculating earnings targets, understanding signs of a true bottom, the end of entitlement</p> <p>51:10 Down market end game, investor decisions, reasons for optimism, quick reset potential</p> <p>1:05:17 Sacks explains his concept for "default investable," Besties share thoughts on proactive layoffs and course correction</p> <p>1:12:27 Addressing Uvalde, legislative disappointment, potential preventative solutions</p> <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><a href= "https://twitter.com/altcap">https://twitter.com/altcap</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>Intro Video Credit:</p> <p><a href= "https://twitter.com/TheZachEffect">https://twitter.com/TheZachEffect</a></p> <p>Referenced in the show:</p> <p><a href= "https://www.google.com/finance/quote/SPY:NYSEARCA">https://www.google.com/finance/quote/SPY:NYSEARCA</a></p> <p><a href= "https://www.google.com/finance/quote/.DJI:INDEXDJX">https://www.google.com/finance/quote/.DJI:INDEXDJX</a></p> <p><a href= "https://investors.zoom.us/news-releases/news-release-details/zoom-video-communications-reports-financial-results-first"> https://investors.zoom.us/news-releases/news-release-details/zoom-video-communications-reports-financial-results-first</a></p> <p><a href= "https://investors.snowflake.com/news/news-details/2022/Snowflake-Reports-Financial-Results-for-the-First-Quarter-of-Fiscal-2023/default.aspx"> https://investors.snowflake.com/news/news-details/2022/Snowflake-Reports-Financial-Results-for-the-First-Quarter-of-Fiscal-2023/default.aspx</a></p> <p><a href= "https://fred.stlouisfed.org/series/T10YIE">https://fred.stlouisfed.org/series/T10YIE</a></p> <p><a href= "https://twitter.com/zerohedge/status/1529100065331200005">https://twitter.com/zerohedge/status/1529100065331200005</a></p> <p><a href= "https://twitter.com/BillAckman/status/1529133144540078083">https://twitter.com/BillAckman/status/1529133144540078083</a></p> <p><a href="https://layoffs.fyi">https://layoffs.fyi</a></p> <p><a href= "https://www.google.com/finance/quote/SNAP:NYSE">https://www.google.com/finance/quote/SNAP:NYSE</a></p> <p><a href= "https://www.cnbc.com/2022/05/24/snaps-down-32percent-and-its-dragging-other-stocks-down-with-it.html"> https://www.cnbc.com/2022/05/24/snaps-down-32percent-and-its-dragging-other-stocks-down-with-it.html</a></p> <p><a href= "https://www.google.com/finance/quote/FB:NASDAQ">https://www.google.com/finance/quote/FB:NASDAQ</a></p> <p><a href= "https://www.google.com/finance/quote/GOOG:NASDAQ">https://www.google.com/finance/quote/GOOG:NASDAQ</a></p> <p><a href= "https://nypost.com/2022/05/13/netflix-tells-woke-workers-to-quit-if-they-are-offended-culture-memo"> https://nypost.com/2022/05/13/netflix-tells-woke-workers-to-quit-if-they-are-offended-culture-memo</a></p> <p><a href= "https://twitter.com/JeffBezos/status/1525309091970699265">https://twitter.com/JeffBezos/status/1525309091970699265</a></p> <p><a href= "https://twitter.com/DavidSacks/status/1529119829080150016">https://twitter.com/DavidSacks/status/1529119829080150016</a></p> <p><a href= "https://twitter.com/DavidSacks/status/1528102541723979776">https://twitter.com/DavidSacks/status/1528102541723979776</a></p> <p><a href= "https://sacks.substack.com/p/the-burn-multiple-51a7e43cb200">https://sacks.substack.com/p/the-burn-multiple-51a7e43cb200</a></p> <p><a href= "https://elections.bradyunited.org/take-action/nra-donations-116th-congress-senators"> https://elections.bradyunited.org/take-action/nra-donations-116th-congress-senators</a></p> <p><a href= "https://en.wikipedia.org/wiki/Mass_shootings_in_the_United_States#/media/File:Total_Deaths_in_US_Mass_Shootings_1982-2021.jpg"> https://en.wikipedia.org/wiki/Mass_shootings_in_the_United_States#/media/File:Total_Deaths_in_US_Mass_Shootings_1982-2021.jpg</a></p> <p><a href= "https://twitter.com/Jason/status/1529843255176663040">https://twitter.com/Jason/status/1529843255176663040</a></p> <p><a href= "https://www.nytimes.com/interactive/2020/04/01/business/coronavirus-gun-sales.html"> https://www.nytimes.com/interactive/2020/04/01/business/coronavirus-gun-sales.html</a></p> <p><a href= "https://twitter.com/Jason/status/1529504198974263296">https://twitter.com/Jason/status/1529504198974263296</a></p>