— Topic —
2 receipts tracked • 75% industry hit rate
— Filed —
RECEIPT #CHAMAT
DEC 11, 2016
PREDICTION BY
Chamath Palihapitiya“I think you’re going to have probably two years of market highs in the U.S. equities.”
FOLLOW-UP
US equity indices generally trended upward with new highs from late 2016 through most of 2018, fulfilling the 'two years of market highs' forecast.
ORIGINAL SOURCE
Semil Shah's blog (transcript)RECEIPT #CHAMAT
SEP 30, 2020
PREDICTION BY
Chamath Palihapitiya“Regardless of whether it’s the Democrats or Republicans in power, if your goal is to achieve returns, you must adopt a long position, and you will likely be rewarded. I believe the markets are set to rise.”
FOLLOW-UP
Broadly correct that long positions were rewarded over several years (2020-2025), but incorrect on continuous rise due to significant drawdown in 2022.
ORIGINAL SOURCE
CNBC