Category: Crypto
-
“Never Short a Cult”
Steve on bubbles, risk, and revenue “projections”.
-
“A lot of upside”
AI, Crypto, and Ethereum lead the way…
-
SIZE
Risk and SuccessMike Novogratz became one of the youngest billionaires in history, turning $1 million into $2.3 billion in roughly 10 years through his Fortress hedge fund.Fortress, co-founded by Novogratz, was the first hedge fund to go public in 2007, making five guys billionaires in a single day. Novogratz made his first million at 32,…
-
To Short or Not to Short
Market Speculation and Valuation šThe S&P 500 trading at 23 times next year’s earnings is extremely overextended, signaling potential market overvaluation and speculative behavior. š”Earnings mean reversion poses a significant risk, as historically high corporate margins could halve earnings if they revert to mean levels. š¢The MNAV premium in Bitcoin, currently at 2.25x, has historically reached 300% before collapsing, indicating extreme retail speculation and market…
-
Fed Chair vs. The World
Speech starts at 10:45 Jerome H. Powell, Chair of theĀ Federal Reserve, addresses the Economic Club of Chicago, discussing the current economic outlook and the Fed’s dual mandate of maximizing employment and ensuring price stability. Powell outlines the resilience of the U.S. economy despite heightened uncertainties, acknowledging challenges arising from trade policy changes, inflation concerns linked…
-
Live…From Jail
Sam Bankman-Fried shares his two-year experience in MDC Brooklyn, describing the prison environment as dystopian. He reflects on the psychological challenges of confinement, the difficulties accessing legal resources during his trial, and the limited engagement in daily activities that impede his mental well-being. Bankman-Fried discusses his disconnection from the digital world and the complexities of…
-
Marc Andreessen
Marc Andreessen, the discussion traverses a wide range of contemporary issues, including the implications of recent political events, the influence of media and technology on public perception, and the intertwining dynamics between government, NGOs, and social media in shaping electoral narratives. Andreessen speculates on alternate realities stemming from significant events, explores the potential forĀ artificial intelligence…
-
MicroStrategy
Andrei Jikh discusses the complex financial strategy that allows Michael Saylor to borrow public money to buy bitcoin. “MicroStrategy: The Infinite Money Glitch That’s Breaking Wall Street” explores MicroStrategy’s remarkable stock performance, which has surged over 500% in 2023 and nearly 2600% over five years, largely due to its strategic pivot under CEO Michael Saylor…
-
YouTube’s Financial Spokesperson
Patrick Boyle has two very valuable skillsets and provides great perspective and context to breaking news stories. He has the ability to trade as well as make engaging videos. Topics covered are trust, stats, cognitive biases, and ponzis, brexit, and bubbles.
-
Memeconomy
“The Peak Of Crypto Degeneracy,” discusses the surge in interest and value of Solana and meme coins. Solana, founded in 2020, is a California-based for-profit company that uses a proof of stake consensus mechanism and supports smart contracts. Its main selling point is faster and more efficient transactions than its main competitor, Ethereum.Ā The creation…