E28: Public & private markets update, Archegos debacle, US debt issues, wealth tax & more All-In with Chamath, Jason, Sacks & Friedberg

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