{"version":"market-claims.v1","claim":{"id":"mcl_9b5b48077734eb05c4","url":"/trace/claims/mcl_9b5b48077734eb05c4","status":"PUBLISHED","claimType":"DIRECTIONAL_THESIS","direction":"LONG","claimText":"Chamath counters that the deepest incumbency moat is a regulated drugmaker, since FDA-trial timelines and biologics manufacturing cannot be disrupted by software the way distribution can. 'The regulated pharma company' has no ticker, so the cleanest large-cap expression of that incumbency-moat long is Eli Lilly.","confidence":0.72,"expert":{"slug":"allin","displayName":"All-In Podcast","kind":"PERSON","status":"UNCLAIMED","avatarUrl":"/api/avatars/acfd1290-a","url":"/trace/experts/allin","claimed":false},"primaryEntity":{"kind":"ASSET","assetClass":"EQUITY","symbol":"LLY","name":"LLY","exchange":null,"confidence":0.78},"evidence":{"evidenceUrl":"https://youtu.be/4oq91rzQcO8?t=4491s","sourceUrl":"https://youtube.com/watch?v=4oq91rzQcO8","timecode":"1:14:51","startMs":4491000,"endMs":null,"excerpt":"[Jason] I'm going to take Boeing. [Chamath] Good luck making drugs out of an Excel spreadsheet. I'll take the regulated pharma company. Good luck, sir."},"performance":{"entryPrice":1096.6650390625,"currentPrice":null,"returnPct":null,"relativePct":null,"method":"PASTE_AUTHOR_PRICE"},"resolutionStatus":"OPEN","ambiguityNotes":null,"horizon":"multi-year","isExplicitTrade":false,"notFinancialAdvice":true,"disclaimer":"AISO tracks public statements, not verified portfolio positions. This is not financial advice."},"expert":{"slug":"allin","displayName":"All-In Podcast","kind":"PERSON","status":"UNCLAIMED","avatarUrl":"/api/avatars/acfd1290-a","url":"/trace/experts/allin","claimed":false},"source":{"platform":"YOUTUBE","title":"All-In E275: The Pope's AI Encyclical, Anthropic's \"Dr. Frankenstein\" Theory, AI Jobs Debate","sourceUrl":"https://youtube.com/watch?v=4oq91rzQcO8","publishedAt":"2026-05-29T18:00:00.000Z"},"evidence":{"evidenceUrl":"https://youtu.be/4oq91rzQcO8?t=4491s","sourceUrl":"https://youtube.com/watch?v=4oq91rzQcO8","timecode":"1:14:51","startMs":4491000,"endMs":null,"excerpt":"[Jason] I'm going to take Boeing. [Chamath] Good luck making drugs out of an Excel spreadsheet. I'll take the regulated pharma company. Good luck, sir.","quote":"[Jason] I'm going to take Boeing. [Chamath] Good luck making drugs out of an Excel spreadsheet. I'll take the regulated pharma company. Good luck, sir.","speaker":"Chamath Palihapitiya"},"entities":[{"kind":"ASSET","assetClass":"EQUITY","symbol":"LLY","name":"LLY","exchange":null,"confidence":0.78}],"marketData":{"entry":{"price":1096.6650390625,"currency":"USD","observedAt":"2026-05-29T18:00:00.000Z","method":"PASTE_AUTHOR_PRICE"},"current":null,"returnPct":null},"snapshots":[{"kind":"ENTRY","symbol":"LLY","assetClass":"EQUITY","price":1096.6650390625,"probability":null,"currency":"USD","provider":"paste.trade","providerSymbol":"LLY","observedAt":"2026-05-29T18:00:00.000Z","method":"PASTE_AUTHOR_PRICE","returnPct":null,"relativePct":null}]}