Marko Maderic

[Phil Chen @philhchen]

https://t.co/oMoEAYkqGl

[Joe Rogan Podcast News @joeroganhq]

Carl Jung: "No matter how isolated you are and how lonely you feel, if you do your work truly and conscientiously, unknown friends will come and seek you."

[Grant Cardone @GrantCardone]

Cash is for people who don’t understand money.

[bodila @51bodila]

Druckenmiller and Bessent wanted to bet $3 billion against the Bank of England - Soros said that's not enough and pushed it to $10 billion

they showed how exactly that day unfolded - two traders made $1 billion in one day

two men who trained the current US Treasury Secretary - in one video that nobody has seen

they shorted the British pound until the Bank of England ran out of money defending it - $6 billion gone in one day

then Druckenmiller left - and went 30 years without a single losing year

Bessent and Soros stayed together - 20 years later they crushed the Japanese economy

this documentary will change how you think about risk forever

bookmark & watch today ↓

[Tony Jacob | FindaClip.com @tonjkb]

Chamath says his father chose welfare and drinking over working

"My father couldn't get a job. So, we were on welfare and welfare was probably 17, 18, $19,000 a year at the time in Canada. And it's a family of five."

...my dad just spent this cycle between drinking and not working, drinking and not working......But could he have gotten a job making eight or 10 bucks an hour at a store? He could have. He chose not to. "

[le.hl @0xleegenz]

Boomers still holding the same stocks since 2008 reading this

[ᴛʀᴀᴄᴇʀ @DeFiTracer]

🚨 BREAKING:

FORMER FTX CEO SAM BANKMAN-FRIED IS ONE OF THE BEST INVESTORS IN HISTORY

HE INVESTED IN:

CURSOR: $200K → $3B
ANTHROPIC: $500M → $75B
ROBINHOOD: $648M → $5B
GENESIS DIGITAL: ~$1.15B → $3B
SPACEX: ~$100M → $10B

IF FTX HADN'T GONE BANKRUPT, HE WOULD BE WORTH OVER $114 BILLION NOW

HE COULD HAVE BECOME A TOP-20 RICHEST PERSON...

[Grant Cardone @GrantCardone]

Bob Duggan CEO of cancer drug developer Summit Technologies “SMMT” invest another $50,000,000 in his company. Major conviction Buy

Duggan former CEO of Pharmacyclics and previously sold to Abbvie for $21B cash. Duggan worth $14 billion and already owns 580,000,000 shares of the new endeavor. The stock has been as high as $27 and pulled back.

[Shruti @heyshrutimishra]

Elon just created 4,400 millionaires in a single day.

400 of them are now worth over $100 million.

These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.

Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.

Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."

The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.

Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.

[Not Jerome Powell @alifarhat79]

“Mom how did we get so rich?”

“Your dad did some welding at SpaceX and received $10k in stock back then. Today it’s worth $1 billion.”

[Wall Street Mav @WallStreetMav]

Elon, it's time.

[shirish @shiri_shh]

bro immigrated from Mexico and took a $28/hr contract welding job in 2015.

didn't even know what SpaceX was.

they gave him $10,000 in stock and let him buy more through payroll deductions.

that stake is now worth $880,000.

and he's one of 4,400 employees who became millionaires on Friday. welders. technicians. cafeteria staff.

[Alps @alpaysh]

i still think about this

[Jaynit @jaynitx]

John D. Rockefeller literally shared the secret to winning any negotiation:

[Alps @alpaysh]

Happy pride month!

[Jaynit @jaynitx]

Naval Ravikant: "You're going to die. It's all going to zero. What's there to stress about?"

"Stress is when your mind has two conflicting desires at once. You want to be liked, but you want to do something selfish. You don't want to go to work, but you want to make money. You have two conflicting desires, and that's stress."

Naval explains the difference between stress and anxiety:

"Anxiety is this pervasive, unidentifiable stress where you're stressed out all the time and you're not even sure why. The reason is you have so many unresolved problems that have piled up in your life, you can no longer identify what the problems are. There's this mountain of garbage in your mind. A little bit is poking out the top like an iceberg; that's anxiety. But underneath, there's a lot of unresolved things."

He shares his personal anxiety resolver:

"One big anxiety resolver for me is just ruminating on death. You're going to die. It's all going to zero. You cannot take anything with you. If you can keep that idea in front of you at all times, what's there to stress about?"

Naval reframes what "wasted time" really means:

"What is wasted time? Everything is wasted time in a sense because nothing matters in the ultimate. But in each moment, it's the only thing that matters. So if you're doing something you want to do and you're fully there for it it's not wasted time. If your mind is running away, wishing you were somewhere else, anticipating the future, regretting the past, that's wasted time. That's time you're not present for."

He concludes:

"People get worried about dying and no longer being here. But they don't realize that so much of their life is spent not being here in any case."

[Naval @naval]

If the people you most look up to are investors and financiers, then your God is money.

[Kacper Piotr Kaminski @Kacper_PK_CH]

Stanley Druckenmiller:

"So, I’ll never forget it. January of 2000 I go into Soros’s office and I say I’m selling all the tech stocks, selling everything. This is crazy…at 104 times earnings. This is nuts.

Just kind of as I explained earlier, we’re going to step aside, wait for the next fat pitch. I didn’t fire the two gunslingers. They didn’t have enough money to really hurt the fund, but they started making 3 percent a day and I’m out. It is driving me nuts.

I mean their little account is like up 50 percent on the year. I think Quantum was up seven. It’s just sitting there.

So like around March I could feel it coming. I just, I had to play. I couldn’t help myself. And three times the same week I pick up a, don’t do it. Don’t do it.

Anyway, I pick up the phone finally. I think I missed the top by an hour. I bought $6 billion worth of tech stocks, and in six weeks I had left Soros and I had lost $3 billion in that one play.

You asked me what I learned. I didn’t learn anything. I already knew that I wasn’t supposed to do that. I was just an emotional basket case and couldn’t help myself. So, maybe I learned not to do it again, but I already knew that."

[Brew Markets @brewmarkets]

"You don’t get rich by diversifying into 50 mediocre assets. You get rich by finding 2 or 3 asymmetric home runs."

— Stanley Druckenmiller

[Naval @naval]

Introducing USVC - a single basket of high-growth venture capital, for everyone.

No accreditation required, SEC-registered, and a very low $500 minimum.

Includes OpenAI, Anthropic, xAI, Sierra, Crusoe, Legora, and Vercel. As USVC adds more companies, investors will own a piece of that too.

Liquidity typically comes when companies exit, but we’re aiming to let investors redeem up to 5% of the fund every quarter. This isn’t guaranteed, but if we can make it work, you won’t be locked up like in a traditional venture fund.

It runs on AngelList, which already supports $125 billion of investor capital.

And I’ve joined USVC as the Chairman of its Investment Committee.
—

Go back to the 1500s, you set sail for the new world to find tons of gold - that was adventure capital.

Early-stage technology is the modern version. It says we are going to create something new, and it’s risky. It’s daring.

But ordinary people can’t invest until it’s old, until it’s no longer interesting, until everybody has access to it. By the time a stock IPOs, most of the alpha is gone. The adventure is gone. Public market investors are literally last in line.

This problem has become farcical in the last decade. Startups are reaching trillion dollar valuations in the private markets while ordinary investors have their noses up to the glass, wondering when they’ll be let in.

Investing in private markets isn’t easy. You need feet on the ground. You need judgment built over years. Most people don’t have the patience to wait ten or twenty years for an investment to come to fruition.

But there is no more productive, harder-working way to deploy a dollar than in true venture capital.

USVC enables you to invest in venture capital in a broad, accessible, professionally-managed way, through a single basket of innovation, focused on high-growth startups, at all stages.

It is how you bet on the future of tech: the smartest young people in the world, working insane hours, leveraged to the max, with code, hardware, capital, media, and community. Your dollar doesn’t work harder anywhere.

There is an old line - in the future, either you are telling a computer what to do, or a computer is telling you what to do. You don’t want to be on the wrong side of that transaction.

USVC lets you buy the future, but you buy it now. Then you wait, and if you are right, you get paid.

Get access here:

https://t.co/pAj1sqUsG0