Investors / stance tracking
What David Sacks is saying
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14 dated public stances tracked since 2024-08-09, most recently 2026-10-30. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of David Sacks's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. David Sacks is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
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14
tracked stances
13
themes
0
side flips
2026-10-30
last heard
Returns 90d +24.7% 100% correct · 6 calls · 180d +32.8% 80% correct · 5 calls · 1y +81.0% 60% correct · 5 calls
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Scored calls
Every tracked call with at least one matured horizon: the rows behind the Returns line above. A dash is a horizon that has not matured yet.
| Date | Name | Call | 90d | 180d | 1y |
|---|---|---|---|---|---|
| 2026-06-05 | NVDA | bullish | +11.4% | — | — |
| 2025-08-29 | Commercial Real Estate | bearish | +0.0% | -4.8% | -8.6% |
| 2024-10-25 | Long Dur Treasuries | bearish | +4.8% | +3.2% | -4.0% |
| 2024-09-27 | PLTR | bullish | +123.0% | +150.5% | +385.5% |
| 2024-09-27 | META | bullish | +6.4% | +7.9% | +31.4% |
| 2024-08-09 | USD | bullish | +2.6% | +7.3% | +0.8% |
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|---|---|---|---|
| ANT | 1 | 1 bullish | 2026-10-30 | |
| BLUE STATE REAL ESTATE | 1 | 1 bearish | 2026-04-17 | |
| CRM | 1 | 1 bullish | 2026-08-29 | |
| CRWV | 1 | 1 bullish | 2026-10-17 | |
| Commercial Real Estate | 1 | 1 bearish | 2025-08-29 | |
| ENTERPRISE SOFTWARE (BROAD BASKET) | 1 | 1 bullish | 2026-04-10 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
Search revenue still grew 12% YoY in absolute dollars ($56B to $63B); the apparent share decline below 50% is entirely because Google Cloud doubled, which reflects positive diversification rather than core-business deterioration
“I tend to think Google's a little bit oversold on this news today.”
Anthropic S-1 Shocker, Greatest Business Ever? Google’s $500B Wipeout, Midterm Predictions
2026-10-30
ANT
bullish
All-In Podcast · video
Anthropic's S-1 refutes the bear case: the $80B 'loss' was a phantom accounting artifact; actual cash burn is ~$10B on $100B+ raised; 85% incremental gross margins and 14x YoY revenue growth make this the fastest value-creation in venture history
“this is probably going to be the biggest venture outcome of all time”
Anthropic S-1 Shocker, Greatest Business Ever? Google’s $500B Wipeout, Midterm Predictions
Coreweave's isolated box structure is secured by investment-grade tenant contracts and GPU assets not by unsecured corporate credit, so the 15-23% implied bankruptcy probability on Polymarket significantly overstates default risk
“Maybe some free money there to pick up”
CoreWeave Crash, AI Trade Cracks, Anthropic IPO Red Flags, Bill Gates Doomer
The SaaS apocalypse narrative was indiscriminate and wrong — core systems of record like CRM won't be ripped out because enterprises need compliance, certainty, and decades of bug-proofed software, and Benioff is correctly integrating AI by becoming the agent…
“I do not believe that core systems of record like CRM are going to get ripped and replaced with something vibe coded”
Nvidia's Historic Quarter, SaaS Comeback, Bessent vs Druck, America's Debt Crisis, Cancer Vaccine
Nvidia's dominant market position means its valuation will look cheap in hindsight once markets adjust to multi-trillion dollar company norms, just as Facebook and Amazon appeared expensive at prior valuations.
“Is it undervalued right now? Yeah, absolutely. On earnings over the next two or three years.”
90d +11.4%
Dan Loeb: The Lost Art of Short Selling, and Why Stock Picking is Back
Said again: 2026-08-29 (All-In Podcast)
2026-04-17
BLUE STATE REAL ESTATE
bearish
video
Retroactive and escalating property taxes in blue states make property rights unreliable for wealthy capital owners, who will redirect money to more hospitable jurisdictions, undermining long-run demand
“I think real estate in blue states is dangerous because the political class thinks that they can take a chunk of it”
2026-04-10
ENTERPRISE SOFTWARE (BROAD BASKET)
bullish
video
The market is too pessimistic on enterprise software because code being cheaper to generate does not necessarily undermine the competitive advantages these companies actually hold, creating value buys as the sector gets indiscriminately sold off
“there probably are some value buys in enterprise software”
2025-08-29
Commercial Real Estate
bearish
All-In Podcast · video
A $2.2 trillion wall of CRE debt must be refinanced before 2028 at higher rates, pushing buildings into negative cash flow and forcing lower loan-to-value ratios that compel equity holders to either inject capital or lose buildings to banks, creating a…
“there is a lot of risk in the economy in this sector because again of this wall of commercial real estate debt that's coming due”
90d +0.0% · 180d -4.8% · 1y -8.6%
Trump Takes On the Fed, US-Intel Deal, Why Bankruptcies Are Up, OpenAI's Longevity Breakthrough
2024-10-25
Long Dur Treasuries
bearish
All-In Podcast · video
Inflation is not whipped, the Fed may have cut too aggressively, and the US fiscal deficit trajectory makes a 4.2% 10-year yield inadequate compensation for the real risk
“do you really want to accept a 4.2% yield for 10 years to own a US Bond and with the looming inflation”
90d +4.8% · 180d +3.2% · 1y -4.0%
Markets turn Trump, Long rates spike, Election home stretch, Influencer mania, Saving Starbucks
Meta is executing exceptionally well across three vectors simultaneously — aggressive cost-cutting that Wall Street rewarded, open-source AI leadership with llama 3.2, and now a credible lead in augmented reality hardware over Apple Vision Pro, positioning…
“meta is executing extremely well... they're ahead on augmented reality”
90d +6.4% · 180d +7.9% · 1y +31.4%
OpenAI's $150B conversion, Meta's AR glasses, Blue-collar boom, Risk of nuclear war
Palantir's pre-AI model of ingesting and unifying enterprise data into a digital twin is precisely the integration layer AI models require to work in large enterprises, putting them in an ideal position to monetize AI workflows and justifying their premium…
“they're in an ideal position to master these new AI workflows”
90d +123.0% · 180d +150.5% · 1y +385.5%
OpenAI's $150B conversion, Meta's AR glasses, Blue-collar boom, Risk of nuclear war
2024-09-20
LLM
bullish
All-In Podcast · video
LLMs combined with newly available voice APIs have crossed the accuracy threshold for level-1 customer support, abundant recorded-call training data lowers the barrier to deployment, and the tiered escalation structure of call centers gives AI a natural…
“call centers are going to be the first really big disruption caused by AI”
Big Fed rate cuts, AI killing call centers, $50B govt boondoggle, VC's rough years, Trump/Kamala
2024-08-09
short UNKNOWN / long T
other
All-In Podcast · video
BOJ has explicitly capitulated—stating it cannot raise rates while markets are unstable—meaning Japanese rates will stay near zero indefinitely, making the yen carry trade (borrow JPY at ~0%, invest in USD T-bills at 5%) a better trade now than before the…
“if I was one of these traders, I'd just put the trade back on now”
Yen Carry Trade, Recession odds grow, Buffett cash pile, Google ruled monopoly, Kamala picks Walz
BOJ cannot raise rates because doing so creates the very market instability that prevents raising rates—a trap that guarantees ongoing yen depreciation and USD appreciation
“US dollar is going to keep buying more yen. It's going to go from 147, 150 to some bigger number”
90d +2.6% · 180d +7.3% · 1y +0.8%
Yen Carry Trade, Recession odds grow, Buffett cash pile, Google ruled monopoly, Kamala picks Walz
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