E7: California's collapse, how SPACs are opening the markets for growth stocks & more

I'm very bullish about the state of entrepreneurship in the US. Just the number of interesting companies doing interesting things and the infrastructure that makes it so easy for founders to get started and create new companies... It's so much easier now to create a company than it was 10 years or 20 years ago. And, of course, it's easy to point to all the ones that don't work... but there are so many more experiments that are happening... I'm very bullish about that part of the American economy.

There's not going to be any new gun control legislation for a generation. Because of the looting and rioting that's going on, gun sales are at an all-time high ... You can't get guns; you can't get ammo; and there are more first-time gun buyers in the United States over the last several months than there's ever been.

He [Joe Biden] doesn't have to be better than Donald Trump; he just has to not be Donald Trump for a lot of people. He becomes a very good 'do no harm' alternative because to support Donald Trump, you have to have a view; to support Joe Biden you can have no view.

Homelessness is not the cause of the issue; homelessness is the consequence of long-term drug addiction and mental illness—it's the end state.