Chamath: Unchecked hedge fund leverage threatens U.S. financial infrastructure
Chamath Palihapitiya · Nasdaq CEO Reveals the Next Era Of The Stock Market - Adena Friedman | All-In Summit · Sep 9, 2025 · at 25:25
Chamath Palihapitiya, venture capitalist and co-host of All-In, discusses systemic risk from highly levered hedge funds with Nasdaq CEO Adena Friedman.
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“They can take on so much leverage that even if you have, you know, 60, seventy billion, you're running a trillion long. And, you know, a trillion is not what it used to be, but it's still a lot of money where you can really screw up the infrastructure of America if you blow up or, you know, things go wrong. And there just doesn't seem to be this robust check and balance anymore yet again.”
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