The case against squandering scarce capital on financial gimmicks

It is cathartic to get these important statements articulated without interruption on a mainstream financial network. Rare indeed.  Changes must happen if economic strength is to recover.  Rewarding weakness just gets us more of the same.

CNBC’s “Halftime Report” is joined by Social Capital CEO Chamath Palihapitiya to discuss his latest deal, his view of the U.S. economy and markets. Here is a direct video link.

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