Add Scaramucci as also taken in by SBF

Q.E.D. · Nov 18, 2022

Still incredible that all so-called top funds, money managers, etc. did not perform any serious due diligence.

https://www.marketwatch.com/story/s...m-bankman-fried-11668764588?mod=mw_latestnews

maxinger · Nov 18, 2022

ZBZB · Nov 18, 2022

Chamath was approached to invest in FTX, took a look and proposed that FTX appoint a board and other measures. The message came back from FTX “go fuck your self” so he didn’t invest.

source, all in podcast.

formikatrading · Nov 18, 2022

Seriously, just listening to the guy when he was "on top" -- I'm not sure how anyone thinking rationally could have taken him seriously -- but they did. As a society, we like to think there are these "special" people that we elevate to god-like status.

zdreg · Nov 18, 2022

thank you. mr maxinger

Sprout · Nov 18, 2022

ZBZB said:
Chamath was approached to invest in FTX, took a look and proposed that FTX appoint a board and other measures. The message came back from FTX “go fuck your self” so he didn’t invest.

source, all in podcast.

I'm not a big fan of Chamath, but that was a funny episode.

SunTrader · Nov 18, 2022

Sprout said:
I'm not a big fan of Chamath, but that was a funny episode.

Feel the same in both regards.

nitrene · Nov 18, 2022

ZBZB said:
Chamath was approached to invest in FTX, took a look and proposed that FTX appoint a board and other measures. The message came back from FTX “go fuck your self” so he didn’t invest.

source, all in podcast.

Battle of the Sociopaths. It takes one to know one, I guess. I wouldn't invest a nickel in either person.