Yen Carry Trade, Recession odds grow, Buffett cash pile, Google ruled monopoly, Kamala picks Walz

**Jason Calacanis** (0:00)
Sorry, everybody, I wasn't here last week.

**Chamath Palihapitiya** (0:02)
So what's your bit, Jay Cal? Jump into your bit.

**Jason Calacanis** (0:05)
No, there's no bit. I'm just triple-vaxxed. I took the pax a little bit and I'm back, everybody. I know everybody was very concerned about me. Thank you to everybody. But I can take my mask off, right, Friedberg? Do I need a mask in 2024?

**Chamath Palihapitiya** (0:18)
You're good. You're clear.

**Jason Calacanis** (0:20)
Okay. So let me take one of these off. Let me get that off. I was getting uncomfortable.

**Chamath Palihapitiya** (0:27)
You're in the clear for one.

**Jason Calacanis** (0:28)
Okay.

**Chamath Palihapitiya** (0:29)
You know what?

**Jason Calacanis** (0:29)
I'll take the third mask off. Totally free. Mask free. I hope I don't get you guys.

**David Sacks** (0:32)
The CDC says we can treat COVID like the flu now.

**Jason Calacanis** (0:35)
I mean-

**David Sacks** (0:35)
Did you see that? They finally admitted after two years of shutting down schools, the economy, everything, like, oh, it's just the flu. You can treat it like the flu.

**Jason Calacanis** (0:43)
Well, it's interesting. I got the COVID, just to explain to everybody. I went to Billy Joel's final concert with my daughter.
We had a great time. It was his final MSG.

**Chamath Palihapitiya** (0:52)
Nick, timestamp the end of it so everybody can just skip to the end. Sorry, go ahead, Jason.

**Jason Calacanis** (0:57)
There's no bit here. I'm just saying, I'm letting people know that I think I got COVID at the last Billy Joel show. It was a great show. Shout out Billy Joel. But it was 48 hours. That was very intense. Then I took that pack slow bit and I came right out of it. So apologies to everybody. But man, it was no joke.

**Chamath Palihapitiya** (1:13)
Great story. Great story.

**Jason Calacanis** (1:15)
Well, I mean, listen, a lot has happened since I've been gone. I sneezed earlier today.

**Chamath Palihapitiya** (1:20)
Did you guys sneeze? Oh my God. Yeah.

**Jason Calacanis** (1:21)
The Olympics happened. I don't know if you guys take in the Olympics at all. Friedberg, you seem like a guy who would watch obscure Olympic sports. I think there's a lot of sports that should be regular.

**Chamath Palihapitiya** (1:31)
It's like the pistol shooting guy.

**Jason Calacanis** (1:32)
Anyway, it's all moot because, you know, the paparazzi were there and they took pictures, Chamath. Do you know this big paparazzi in Paris this year? Because of all the celebrities there.

**Chamath Palihapitiya** (1:41)
Yeah, the paps are all over the place.

**Jason Calacanis** (1:43)
They're everywhere. They're everywhere. I'm sure you saw them in Italy. It's getting crazy. But they got you when you were getting your gold medal. Nick, pull it out. This was, I think, in us weekly. Here it is. Here's Chamath getting his gold medal. Okay. Oops. Whoa. Now, this is in the category of being the biggest prick. Now, just let people know Chamath has... There he is. He's the biggest prick.
Other people were there too, by the way. It wasn't just Chamath. Friedberg was also there. Here's Friedberg. Yeah. Most likely to fight a girl. Yeah, there it is. He was in the...

**Chamath Palihapitiya** (2:22)
Am I the Syrian...

**Jason Calacanis** (2:25)
Yes, that she was in the women's category of boxing.

**Chamath Palihapitiya** (2:27)
In the women's boxing? Right. Thank you.

**Jason Calacanis** (2:29)
Yeah.

**Chamath Palihapitiya** (2:29)
He's out there. Thank you, Jay Cal.

**Jason Calacanis** (2:31)
Sacks was there too, though, by the way. Here he is. He won silver for the least olympic body. Well done, Sacks. Look at that.

**Chamath Palihapitiya** (2:39)
The least.

**Jason Calacanis** (2:40)
Look at that pasty white. I think you got robbed of the gold. You got robbed.

**Chamath Palihapitiya** (2:44)
There he goes, Sacks.

**Jason Calacanis** (2:46)
Look at that form.

**David Sacks** (2:48)
I like that guy.

**Chamath Palihapitiya** (2:49)
Yeah.

**Jason Calacanis** (2:49)
I think at the very least, the Ozemptic and Wigovia, you lost the weight, but you didn't add any muscle definition. That's a known... That's known, right? Friedberg, it's known. You lose the muscle, right? That's right. You gain fat and the muscle. I was there, too, by the way. And I'm very, very proud to say, in a photo finish, you can see me there. You guys know this one, right? This is the 100-meter virtue signal. So you see there, Reid Hoffman just edged me out, and I'm right ahead of Paul Graham. So we're just signaling 100-meter dash. It was pretty grand. It's pretty grand. But congrats to Reid Hoffman, also coming on the pod to debate you, Sacks.