Gabe Whaley - Building MSCHF - [Invest Like the Best, EP.397]

Bullish

• $CREATIVE— The creative industry is seen as a growing sector with potential for long-term value creation through the manufacturing of cultural output. There's a belief in the importance of sustained, niche creative endeavors over extended periods, potentially up to 20 years, to create significant historical and cultural impact.

  • “We're manufacturing cultural output.”

    Gabe·6:41Hear it

  • “We're at a point where this can be important from a historical point of view, but to do that, we need to last a bit longer. 5 years is not enough. 10 years is not enough. It probably needs to be closer to 20 years.”

    Gabe·1:13:07Hear it

Bearish

• $SOCIALMEDIA— There's a growing skepticism towards social media platforms, with concerns about their influence on creative independence and content creation. This sentiment is reflected in personal decisions to disengage from these platforms and a critique of algorithm-driven content creation.

  • “I deleted my LinkedIn and Twitter and Facebook. I got off cold turkey, sent my Instagram to private, and I was like, I will never let not even just VC, but, like, I will never let any specific world have that much influence on the things that I choose to do.”

    Gabe·49:30Hear it

  • “Personally, it feels a little bit depressing because I don't know if people are creating as much newness versus, and this sounds so jaded and cynical, but I think people are just creating what their gods are telling them to create. And the gods are TikTok. The gods are Instagram”

    Gabe·1:16:11Hear it

Not investment advice.