Bilbo Sachet

[Mr. Anderson @Truecrypto]

Before you chase anything today, remember this

You woke up.
You’re breathing.
You get another shot.

Start with gratitude. It wipes out the lies, resets your mind, and puts you back in control.

A grateful mind sees opportunity. An anxious mind sees nothing.

[MSB Intel @MSBIntel]

BREAKING: CZ when discussing crypto clarity and regulations:

“I went to prison for Binance having weak KYC… Hyperliquid has no KYC.”

[Goshawk Trades @GoshawkTrades]

Druckenmiller on why most investors can't sell losers:

"if the reason i bought a stock is no longer the case, i don't care what i paid for it."

"if i bought it at 60 and it's 50 because the market discovered the problem before me, i have no emotion whatsoever."

"after a while you develop enough confidence that you're not afraid to clean the slate and start over. because you have the confidence that you'll be successful again."

"you're not going to sit there in a lazy position that you're not that sure about anymore. just clean house."

"i don't care what i paid for a stock. it's absolutely irrelevant to my investment process going forward."

then on buying back higher than he sold:

"i don't like it. but i'm perfectly willing to buy something back higher than i sold it. some people can't get themselves to do it. i can."

this is the exact same principle behind properly managing strategies. if the edge isn't there anymore, turn it off. don't sit in it hoping it recovers just because you spent three months building it. clean house. start fresh. the next opportunity doesn't care about your sunk costs.

[Bilbo Sachet @Bilbo_Sachet]

@el_crypto_prof way to steep to be a proper resistance

[Bilbo Sachet @Bilbo_Sachet]

@Truecrypto Exactly like the USDe depeg on 10/10 😂
First one kicked off the entire bear market… maybe this STRC/apxUSD one is quietly ringing the bell that the bear is finally dead?
History rhyming in the funniest way possible.

[Ryan Fournier @RyanAFournier]

THE MOST EPIC WALKOUT EVER! 🔥🇺🇸

[Ron DeSantis @GovRonDeSantis]

The US Debt Clocks counts up (by a lot).

Florida’s Debt Clock counts down.

More than 50% of the debt retired in the past 8 years!

[The AI Investor @The_AI_Investor]

Elon Musk explains memory demand is so high that Micron reached a $1T+ market cap.

The U.S. has no high-volume memory fabs today, and even planned capacity may fall short of future AI demand.

[Black Edge @BlackEdgeFund]

Bill Gates on what Warren Buffett's calendar taught him about time:

Bill Gates built his career packing every minute.

As he recalls it: "I had every minute packed and I thought that was the only way you could do things." Then Buffett showed him his calendar, and it changed how Gates thought about time entirely.

Buffett's calendar looked nothing like that.

Whole days sat blank.

Flipping through it, Gates notes: "he has days that there's nothing on." One stretch was almost comically empty. As Gates describes it: "this is the week of April of which there are only three entries for a week." One of those rare entries was simply to file tax, prompting Buffett to joke, "Yeah, there'll be four maybe by April."

Asked what the lesson was, Buffett explains:

"that you control your time and that sitting and thinking may be a much higher priority than a normal CEO who, you know, there's all this demand and you feel like you need to go and see all these people. It's not a proxy of your seriousness that you filled every minute in your schedule."

Then he gets to the part that reframes time as the scarcest asset of all:

"And people are going to want your time. It's the only thing you can't buy. I mean, I can buy anything I want basically, but I can't buy time."

He closes with this:

"And so to have time is the most precious thing you can have. I better be careful with it. There's no way I will be able to buy more time."

[WOLF @WOLF_Financial]

RAY DALIO JUST SAID HE THINKS THE AI BUBBLE IS GOING TO POP

On Bloomberg, he laid out exactly when, why, and how he sees it happening.

He also compared the current market to two specific years:

"We are right now rising closer to, not at, the same level in 2000 and the same level in 1929, a specific level where you say, oh no, here's the one that we really need to worry about."

On all tech revolutions:
"All great technology changes produce bubbles. And the reason they produce bubbles is because nobody can get it exactly right."

On the mechanism that pops bubbles:
"There's a bubble, and then there's the pricking of the bubble. The pricking of the bubble happens when there's a need for wealth to be sold to get the money."

On the wealth gap that comes with it:
"A very small percentage of the population is going to do unbelievably and a lot of people won't."

On a political solution:
"I'm not optimistic on us working together to solve."

He says the technology is real. The prices and the debt are the problem.

[Loofy @Loofyb0i]

Scott Bessent spent 20 years at Soros betting against governments that destroyed their own economies.

Now he IS the US government's economic policy.

56-min and you'll understand every major macro decision coming out of Washington in 2026

bookmark - the most interesting Treasury Secretary interview in a decade

[Vivek Sen @Vivek4real_]

🇨🇳 BILLIONAIRE AND SCALE AI CEO WANG REVEALED DEEPSEEK HAS ABOUT 50,000 NVIDIA H100S THAT THEY CAN’T TALK ABOUT.

[Elon Musk @elonmusk]

Pretty good progress

[Cypherpunk ($CYPH) @cypherpunk]

Edward Snowden on Zcash:

" I've been a fan of the technology behind Zcash for a long time."

He even participated in its creation back in 2016.

[Ricardo @Ric_RTP]

JPMorgan's CEO Jamie Dimon just said a financial crisis is coming.

Bond yields just hit historic levels in the US, UK, Germany, and Japan simultaneously.

The last time this happened was right before the 2008 financial crisis.

And Dimon just confirmed that $5 to $6 TRILLION in leveraged loans are sitting out there right now and the companies holding that debt are going to have a very hard time refinancing at current rates.

The equity values of those companies would be "considerably less" and a lot of those borrowers didn't hedge for higher rates.

Then he said he personally would NOT buy credit spreads at these levels.

The CEO of the largest bank in America just told you he thinks corporate debt is mispriced and he would not touch it with his own money.

Then the interviewer asked about AI and everyone forgot he said it.

Jamie Dimon warns about a recession every single year but this is the first year where the numbers are actually proving him RIGHT:

3 days ago the 30-year Treasury yield hit 5.2%, the highest since 2007. The 10-year is sitting at 4.62%.

The US government has $31 trillion in public debt and the average interest rate on that debt is 3.5%.

They cannot refinance a single dollar of it at a lower rate than what they are currently paying. And they have $9.7 trillion in securities maturing THIS YEAR that needs to be rolled over.

Meanwhile the new Fed Chairman Kevin Warsh was just sworn in on Friday. Traders are now betting there will be ZERO rate cuts for the rest of 2026 and the probability of a rate HIKE is rising.

The Iran war has pushed oil to four-year highs. Inflation reaccelerated in April to the highest annual rate in three years. And private credit defaults just hit a record high with a 9.2% default rate in their US private credit portfolio.

Dimon laid out exactly how this plays out:

He said sentiment can flip overnight and specifically named the crashes of 1973, 1982, 1994, and 2000 and said the setup before each one looked exactly like this.

Everyone confident, everyone buying, liquidity everywhere. Then something shifts and people want cash. And when people want cash they sell risky assets at precisely the wrong time.

Liquidity disappears at the exact moment everyone needs it.

And he also told you where the money is going:

JPMorgan had 35,000 employees in New York when he took over. Now it has 26,000.

Texas went from 12,000 to 33,000.

He said in the 1970s, New York had 120 Fortune 500 companies. 60 of them left in a single decade because of taxes and crime.

And when the interviewer asked about the new NYC mayor raising taxes on the wealthy, Dimon basically told him to his face that the erosion has already started. The capital is already leaving.

So let's put this together:

- Bond yields at 19-year highs
- $9.7 trillion in government debt to refinance this year
- $5-6 trillion in leveraged corporate loans that cannot refinance at these rates
- Private credit defaults at record levels
- Inflation reaccelerating
- No rate cuts coming
- A Fed chairman who hasn't even settled into the chair yet
- The CEO of America's biggest bank saying he would not buy corporate debt at current prices
- And the same CEO quietly moving his bank out of New York

Every single one of these signals was present before the crashes Dimon himself named.

[QE Infinity @StealthQE4]

This is awesome.

PTJ is a legend. Beware of all of these IPO’s that are coming.

Exit liquidity.

Unprecedented times

[Matt Allen @investmattallen]

Leopold Aschenbrenner: “By 2030, a single AI training cluster could consume over 20% of all electricity generated in US”

That’s not including inference demand on top of it

The opportunity in power and AI infrastructure is far bigger than most realize

Investors must watch:

[Documenting Saylor @saylordocs]

Buckminster Fuller in 1967:

"Wealth isn't gold; it's energy. By 2000, there will be a scientific accounting system for wealth—aligned with the laws of physics."

A visionary nod to Bitcoin decades before its time.

[Cypherpunk ($CYPH) @cypherpunk]

Here are the full five minutes from @zooko's talk at @ns, including the private conversation with his friend Hal Finney shortly before Hal passed away.

Our earlier clip missed context. That's on us.

[Investment Wisdom @InvestingCanons]

Stanley Druckenmiller:

“Life goes in streaks. And like a hitter in baseball, sometimes a money manager is seeing the ball and sometimes they're not.”

When investors are down, they tend to get aggressive to win it back. Druckenmiller: “One of my most important jobs as a money manager was to understand whether I was hot or cold...”

“In my opinion, when you're cold, you should be trying for bunts.”