We're not from Silicon Valley & had zero connections when we started raising, so we were honestly just stoked and flattered when "name brand" VCs took our calls at all! And that they listened to our spiel! We definitely wanted to do a deal, but felt like we'd made it to have had the chance to pitch! We're not for everyone. Neiman Marcus was our first investor! But I still read this kind rejection from an @a16z partner with fondness.
Albert Gallatin is a name lost to history. But he was Secretary of Treasury during the Jefferson administration, and he convinced Jefferson that the Louisiana purchase did not require a Constitutional Amendment (link in comments). This changed America forever.
Weekend win: The proof I submitted for Erdos Problem #397 was accepted by Terence Tao.
The proof was generated by GPT 5.2 Pro and formalized with Harmonic.
Many open problems are sitting there, waiting for someone to prompt ChatGPT to solve them:
"Defense planners are no longer talking about hypothetical scenarios. We are working from timelines that could require mobilizing 50,000 reserve sailors in 30 days."
- Lt. Cmdr. Elliot Rothrock, Joint Detachment Sheridan, on American planning for a war with China over Taiwan
There is a lot of bad business advice out there. Advice that is spewed by post economic people who hit the lottery chasing their dreams.
The people who defied all odds. The people who got fame along with the fortune because what they accomplished was so incredible.
They’ll tell you two things that I totally disagree with:
Follow your passion.
Figure out what you're good at and then make money doing that thing.
The cold hard truth about choosing the best opportunity to make money:
It isn’t about you.
The world doesn’t care what you want to be doing. The world doesn’t care what you love. The world doesn’t care what you are good at. The world doesn't care what your interests are or what you are passionate about.
I was great at running track in college. A D1 All-American and I held 4 records at Cornell.
I was also great at playing beer pong.
I was passionate about cooking and food. I could really cook.
And guess what? The economy didn’t need any of that from me. I wouldn’t have made serious money doing any of it.
I didn’t know anything about moving things when I started my first moving company. I didn’t know anything about storage when I built my first storage facility. But I got rich doing those two things.
The entrepreneurs who win put their own interests aside and look at the market unemotionally. They don’t think about what they want or what they are good at.
They look at other people and figure out what they need and what simple problems they are willing to pay money to not mess with.
People who chase their passion end up playing highly competitive games. If it is fun for them, it is likely fun for other people. They compete with other people who make emotional decisions and do things for too long or too cheap even when they aren’t making money.
Competing with these people is a bad idea.
This is what I’ve been trying to tell everyone here for the last 2 years and the Excel jockeys tell me “no you just don’t understand how important index-match actualy is”
“Ok dude! You’ve never even seen a cycle, your models only go up”
Random thoughts while in transit
Most people will make their biggest retirement mistake in 2026. They just don't know it yet.
Families have come to me after making million-dollar mistakes—often too late to fix. Retirement crushed. Wondering if they'll have to go back to work.
I started posting to help people spot these landmines before they destroy everything they've built.
Thanks for all the love. Hundreds of thousands of you now, showing up every day, pushing me to go deeper and cover the strategies most advisors won't touch.
So here's what's happening in January:
Drop the ONE thing that keeps you up at night about retirement that your advisor isn't addressing. The real fear. The thing you're worried you're overlooking.
I'm covering the scariest ones all year—real numbers, real strategies, real solutions.
Your questions make me sharper. Let's make sure 2026 isn't the year you make a mistake you can't undo.
Authors - I'm curious. Do you consider the use of a site like Sudowrite to be AI generating your books or is it acceptable?
I'm trying to avoid reading AI generated books in my live streams and I have an upcoming title that says that site helped to refine.
It was still super informative. The only thing is that the creators did not cite the sources they used to create it, so I don’t know if there are reasons to doubt its accuracy.
I was about 1/4 through this podcast episode before I realized that it is AI generated. The telltale signs were that the handoff back to the other host happened at a constant time increment and there were no casual comments during the episode.
There is a similar British movie from the same time called Threads that is available to stream on Amazon Prime. I recently watched it with my son. It also vividly displays how catastrophic the detonation of a nuclear weapon would be.
I have been thinking a lot about the prospect of a detonation of a nuclear weapon since the release of House of Dynamite. It is a shame that the television movie The Day After from the 80s is not available on any major streaming service.
That movie was quite impactful at the time, including on Ronald Reagan, who wrote in his diary about being “deeply disturbed” upon watching it. Reagan would go on to champion disarmament with Gorbachev.
this week, Meta announced plans to launch a power trading business, Atem, to manage the power costs of their massive data center footprint
this marks a new era of vertical integration and with it, a new era for commodity and compute markets
a deep dive, with charts ofc 👇
Some of the crimes I've seen in Washington DC:
�� Beige sweater with beige chinos
— Jacket sleeve tag left on
— Tan shoes with navy suits
— Giant Windsor knots (triple felony with the metal sports watch paired with dark suit and French cuffs)