The Minutes of David Sacks on markets https://minutesof.com/david-sacks/on/markets/ Everything David Sacks has said on markets: 2 verbatim quotes from August 2026, each with a timestamp and a link to the recording it came from. en Sun, 30 Aug 2026 16:23:14 +0000 Sacks argues the chip stock correction is momentum-driven, noting a 10x run-up in memory chips over the past y https://minutesof.com/q/08230fe1-71b8-405e-93b3-726af9084c3f/ https://minutesof.com/q/08230fe1-71b8-405e-93b3-726af9084c3f/ “Meaning that over the past year, you've had this roughly 10 x run up in memory chip stocks, and you've seen this overall huge rise in any stock that's related to the AI boom.” — All-In Podcast Sat, 01 Aug 2026 04:16:11 +0000 markets Sacks notes Nasdaq fell 10% from peak while momentum trades dropped 30-40%, showing amplified correction. https://minutesof.com/q/0aedba27-2554-4bc0-a130-e228914f12f6/ https://minutesof.com/q/0aedba27-2554-4bc0-a130-e228914f12f6/ “I think there was something like a 10% pullback in the Nasdaq from the peak. But when you look at this momentum trade, was down like 30% or 40%.” — All-In Podcast Sat, 01 Aug 2026 04:16:11 +0000 markets