Check out my New York Times Bestselling book, Clear Thinking. It's packed with proven frameworks and practical strategies that will give you a roadmap to navigating any situation with poise and intelligence – https://fs.blog/clear/ The Founder and CEO of Social Capital, Chamath Palihapitiya sits down with Shane Parrish to chat about what it means to be an observer of the present, how to think in first principles, the psychology of successful investing, his thoughts on the best public company CEO’s and much more. EPISODE LINKS • https://twitter.com/chamath PODCAST INFO: • Podcast website: https://fs.blog/knowledge-podcast/ • Apple Podcasts: https://apple.co/3fz6u4X • Spotify: https://spoti.fi/2SSgCvT • RSS: https://theknowledgeproject.libsyn.com/rss OUTLINE: 0:00 - Introduction 1:26 - Feeling part of a tribe 2:40 - Why we do things 5:21 - Defining Happiness 10:56 - Coping Mechanisms 16:46 - Imposter Syndrome 20:08 - Grinding and Getting Better 21:24 - Freedom and Happiness 23:49 - Path to Financial Freedom 30:44 - Observing the Present 36:40 - Using Observations to Invest 45:28 - The Genius of Jeff Bezos 47:44 - Allocating Capital 49:43 - How Climate Change Affects Industries 52:45 - Fighting Yourself (Psychological Traps) 55:52 - Automatic Behaviors for Success 59:45 - Pattern Recognition 1:04:43 - Best Public Company CEOs 1:07:13 - Measuring Progress 1:10:38 - Decision Process for Capital Allocation 1:13:04 - Advantageous Divergence 1:17:30 - Bitcoin 1:18:24 - Government Spending 1:20:14 - Anti-Fragile Countries 1:21:55 - Public Company Bailouts 1:24:08 - Rapid Fire Twitter Questions SOCIAL: • Instagram: https://www.instagram.com/farnamstreet/ • Twitter: https://twitter.com/farnamstreet • Shane Parrish: https://twitter.com/ShaneAParrish • Facebook: https://www.facebook.com/FarnamStreet • LinkedIn: https://www.linkedin.com/in/shane-parrish-050a2183/ -------- #TheKnowledgeProject #ShaneParrish #ChamathPalihapitiya