Billionaire investor and long-time Democrat voter Chamath Palihapitiya has publicly admitted that he was wrong about former President Donald Trump.
"This is a moment when you have to start to re-underwrite, is one's 'Trump Derangement Syndrome' causing more damage than anything President Trump could have done? And I think the answer is yes," Palihapitiya said, acknowledging that his previous criticisms were misguided.
"Because it is now causing us to not see that good work, and then embrace and extend it.
So much of the work that happened in that administration turned out to have been right, and that is what is so frustrating for me," he added.
The Sri Lankan-born Canadian and American investor lamented the tendency to dismiss good work simply because of who was delivering the message.
He cited examples such as the work on the border wall, issuing long-term debt to refinance when rates were at zero, and the structural peace deal in the Middle East.
"When are we going to stop shooting ourselves in the foot? When are we going to actually take the time to look past who was saying things and actually listen to them word for word?" said Palihapitiya.
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