large auction houses

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Mar 13, 2021 by Chamath Palihapitiya · across every show →

Everything said about large auction houses, oldest first

Mar 13, 2021
Assertion Partly supported
Chamath: Major auction house lending arm has a 0.3% 50-year default rate
“One of the large auction houses has a financial arm. And the most incredible thing is like over like the last 50 years their Q cumulative default rate was 30 basis points on their book.”
Chamath Palihapitiya Mar 13, 2021 ▶ 46:27 E25: Biden's vaccine mandate, "equity" in distribution, NFT speculation, impact of inflation & more
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