Palihapitiya argues Middle East countries seek peace because oil is becoming less valuable over time in the ground.
“So when that oil sits in the ground, the longer it sits in the ground, the less valuable it is to you because it doesn't actually add to your balance sheet.”
Palihapitiya argues Iran is fundamentally different from other Middle Eastern countries in culture, religion, and language.
“It's a very different culture than the other Middle East countries. It's a fundamentally different religion. It's a fundamentally different language.”