Lucid despair starts from the top:
The number of prominent hedge fund managers & CEOs who have become extreme conservatives verging on conspiracy theorists is striking.
— Marc Andreessen (@pmarca) November 4, 2014
@pmarca what do you think is driving that?
— Genevieve Bell (@feraldata) November 4, 2014
@feraldata @pmarca and why specifically that industry vs. other sectors of finance?
— Adam Elkus (@Aelkus) November 4, 2014
@Aelkus @feraldata One theory is they are the people most face-to-face with federal government responses to the 2008 financial crisis.
— Marc Andreessen (@pmarca) November 4, 2014
I am not saying they're wrong! I'm just observing. One example is that Fox News is on all day in offices where one might not expect it.
— Marc Andreessen (@pmarca) November 4, 2014
@lhon Historically, a lot of businesspeople and investors have had relatively predictable political views. I think now may be different.
— Marc Andreessen (@pmarca) November 4, 2014
@feraldata @Aelkus One interesting aspect = they tend to also be near-apocalyptic about the future of the US & Western civilization.
— Marc Andreessen (@pmarca) November 4, 2014
@feraldata @Aelkus Also, same people have a near-universal belief that China is going to win everything. To an extreme degree.
— Marc Andreessen (@pmarca) November 4, 2014
.@pmarca Do they know something?…
— Instapundit.com (@instapundit) November 4, 2014
@instapundit That's one of the reasons I find it so interesting. Arguably they have the most direct contact with the federal government.
— Marc Andreessen (@pmarca) November 4, 2014
Assuming you don’t have intimate guanxi with US FedGov, Twitter is the place you’ll get the future first.