2025 Predictions with bestie Gavin Baker

2424.841 - 2456.037 Chamath Palihapitiya

But I am a little bit worried, and I tweeted this a few days ago, about just the general concentration of the top seven, eight, nine, 10 companies in the indices. I think it's approaching 40%. And I think that when you look at these historic concentrations, they've generally foreshadowed a big drawdown. And unfortunately, I don't see how you can sort of inoculate yourself from that risk.