The Rise and Fall of Investing Titans: Chamath Palihapitiya and Warren Buffett.

Chamath Palihapitiya, once dubbed the "next Warren Buffett" for his successful investments in technology companies, has seen most of his investments sour as interest rates spiked. In contrast, Warren Buffett's Berkshire Hathaway delivered a positive 3% return for its investors in 2022, outshining the S&P 500 which fell nearly 20%. Palihapitiya stopped comparing Social Capital's returns to Berkshire Hathaway's in his 2021 letter, so it's unclear if the returns of the two conglomerates are still comparable after 2022's destruction in the speculative tech space Palihapitiya knows so well.