My rules of business: Build shit people want, never give up, avoid assholes, question assumptions, learn new ideas & always reward ambition

Good morning. Today is going to be a great day. Let’s get after it relentlessly.

So far this year we have captured Maduro, neutralized Iran’s nuclear program, captured & killed multiple cartel leaders, and made FIFA reverse a red card. America’s generational run continues.

SK Hynix (2nd largest memory chipmaker) starts trading in US this week. I asked @cfosilvia to analyze the company, listing details & pros/cons of stock. Then I asked Silvia to help me think through position sizing. Try Silvia for personalized insights: cfosilvia.com

This is great book from @MebFaber 🇺🇸

I spoke with @jvisserlabs this week to break down: - AI mid-cycle slowdown - $90 trillion AI infrastructure buildout - memory and Micron's role in AI bottleneck - Fed under Warsh - what rate cuts could mean for markets - why bitcoin is positioned to be the best performing assets once the negatives of AI start to show up YouTube: youtu.be/Kp9rfw1Iqw8?si=q5XF… Apple: podcasts.apple.com/us/podcas… Spotify: open.spotify.com/episode/7di… TIMESTAMPS: 0:00 - Intro 1:20 - Has bitcoin bottomed? 6:03 - Bitcoin vs the Mag 7: is the correlation breaking? 9:00 - Sam Altman, OpenAI & the government getting involved 11:11 - American open source vs Chinese AI models 14:28 - AI compute demand & the infrastructure buildout 20:37 - AI slowdown: how bad, how long? 22:44 - Where do markets go from here? 27:30 - AI agents in the workplace & security risk 34:50 - Memory, Micron & the AI bottleneck 39:53 - The next 10-20 years: robots, AI & society 44:18 - The Fed, rate cuts & inflation's impact on AI 49:55 - Why bitcoin wins in the end

The most American thing you can do is use new, innovative technology to self-manage your investment portfolio. No bureaucrats or bankers telling you what to do. We created Silvia to make it dead simple to use the latest AI to do exactly this. Try it: cfosilvia.com

This is the most badass shit ever. h/t @Geiger_Capital

Happy 4th of July 🇺🇸

Only in America do we protect the freedom of speech for those who critique our country. One of the best qualities we have. 🇺🇸

The beauty of America is that it encourages people to dream that they can accomplish anything. Social and economic mobility are baked into the fabric of this country.

America was founded by young men who believed in a better future for themselves. They coveted personal freedom, rugged individualism, and the unapologetic pursuit of capitalism. Today we celebrate 250 years built on the foundation they laid. Happy 4th of July! 🇺🇸

You can live through anything if Magic made it.

The World Cup is cool and all, but just remember America is back-to-back World War Champs 🇺🇸🇺🇸🇺🇸🇺🇸

The national income tax started as a 1% tax affecting less than 1% of all Americans. That was in 1913. Just over 100 years later, about 70% of Americans pay national income tax and many people pay 37% tax rate. Important to remember as politicians talk about a new wealth tax.

Bitcoin’s price has fallen, but adoption continues to grow. Eventually price reflects reality and the unemotional are rewarded.

A simple hack is to tell @cfosilvia “please interview me to get whatever information you need to help me grow my investments faster.” She will then interview you and use her proprietary memory & file system to use the info to accelerate you. Try it: cfosilvia.com

Everyone is talking about “the public should own AI companies” which is hilarious because thats why we have public companies. But these private companies want all the benefits of being public without any of the cost or burden. Just incentivize them to go public earlier

Physical AI and robotics is a material percent of my portfolio now, yet it feels like the trend is still drastically undervalued and misunderstood.