Brad Gerstner: belief

Transcript context

…Brad, before we wrap here, anything that you want to point listeners towards? Or where could they find out more about you or Altimeter on the Internet? I would say follow me @altcap on Twitter. I encourage all of our analysts to be on Twitter. I think they're incredible brains and thought leaders. Being online and sharing content. I don't like to be a cheerleader on Twitter, but I do like encourage our analysts to pressure test their ideas whether it's jamming, talking about what's going on in software, or whether it's [...] talking about what's going on in Internet marketplaces, or crypto, or free to talking about what's going on in China. I always say to people, if they're interested in learning more about Altimeter, just follow this incredible group of analysts on Twitter. All of this said, we're truly lucky to be doing what we do. You guys are doing this incredible podcast about founders and entrepreneurs. This is a rather new experiment in the history of the world. I think it's yielded. You read the Bill Gates annual letter at the end of every year. We live in the most peaceful, notwithstanding Ukraine. We live in the most prosperous. We live in the healthiest period of time in the history of humanity. One of the things that scares me is that people, during periods like this, they'll turn against capitalism, or their turn against technology, or they turn against whatever. But it's very clear to me, I'm going to fight for that and fight for those founders. I think when we look back at this system in 10 years, it's going to be more vibrant, more capital, more access, more ideas. I think the secular curve around creative destruction and innovation has never been steeper. The ideas over the course the next 10 years are going to dwarf the size of the ideas that emerged over the last 10. I'm super optimistic. In a way, Ukraine at least helped remind me of that. Ben and I were talking at dinner last night. The old saying that has become forgotten a little bit in recent years, is that capitalism is terrible. It's the most terrible system except for every other system that has been tried in the history of humankind.…

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