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All-In with Chamath, Jason, Sacks & Friedberg

Markets turn Trump, Long rates spike, Election home stretch, Influencer mania, Saving Starbucks

2542.253 - 2562.417 J. Cal

A mining business. So businesses that do mining of natural resources, businesses that trade agricultural commodities. So those businesses usually make kind of a fixed margin on the underlying commodity price. And they do well in these cycles. So anyway, I think that Paul Tudor Jones, because if you own a commodity, it's not a productive asset. It's not generating yield for you.

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