Evidence receipt / uncertainty
Published · transcript-backedDavid Rosenthal: uncertainty
2 Dec 2020 Acquired Special: Slack + Salesforce Emergency Pod with Packy McCormick of Not Boring
“I'm a shareholder, I think you are, Packy. I don’t know about Ben, but I feel the same way about Berkshire.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- uncertainty
- Recorded
- 2 Dec 2020
- Publisher
- Acquired
Transcript context
…Or as we all know and love, we can just invest in Tencent and own a little piece of Discord that way. Why do I think about Tencent? We should make a disclaimer. I'm a shareholder, I think you are, Packy. I don’t know about Ben, but I feel the same way about Berkshire. I can't even, but if I could go invest in KKR, Sequoia, all these funds and whatnot, that they're going to give me great returns, but I'm going to pay 2 and 20 or 3 and 30 on that. Or I could just go buy Tencent shares or Prosus shares (which is the spin-off from Naspers) or Berkshire shares. I could pay no management fees and no carry to get access to equally good, if not better, investors globally. I looked this up yesterday, coincidentally. Do you know how much—since I wrote about Tencent, call it, in August—the value of their holdings and their top 10 holdings has increased?…
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