Fed Hesitates on Tariffs, The New Mag 7, Death of VC, Google's Value in a Post-Search World

The episode begins with a recap of a restaurant experience and the Miami F1 event before introducing guest Philippe Laffont. Discussion includes the All-In Summit announcement, Federal Reserve rate decisions, and economic indicators. Tariffs, trade deals, and their market impact are explored, followed by insights into Microsoft's AI developments and Google's antitrust issues. Philippe Laffont shares views on top companies, IPOs, and venture capital trends, discussing new fund structures and tech investing strategies. The episode concludes with the "MAG seven" and recent news, ending with a look at the Pelosi index performance.