Elon Musk: “Anyone who wants to make more than they take has my respect”
Elon is asked for his advice for entrepreneurs, to which he responds:
“I’m a big fan of anyone who wants to build. Anyone who wants to make more than they take has my respect. That’s the main thing you should aim for: to make more than you take and be a net contributor to society.”
He compares it to the pursuit of happiness:
“If you want to create something valuable financially, you don’t pursue that. It’s best to pursue providing useful products and services. If you do that, money will come as a natural consequence of that rather than pursuing money directly. You can’t pursue happiness directly. You pursue things that lead to happiness — fulfilling work, study, friends, loved ones.”
Elon continues:
“It sounds very obvious, but generally if somebody is trying to make a company work, they should expect to grind super hard and accept that there’s a meaningful chance of failure. Then just focus on having the output be worth more than the input. Are you a value creator? That’s what really matters: making more than you take.”
Video source: @nikhilkamathcio (2025)
Good Read + Must Read
Recent BTC price action has pretty much killed the digital gold, debasement trade narrative.
Binance on 10/10 have lost Tradfi’s trust and until such issues are solved, you won’t see huge amounts of capital rushing in.
While I think we are due for a bounce, as I said this a before, it’s time to look elsewhere for better asymmetric risk.
I still have small exposure... why? Leaving crypto straightaway feels like breaking up with a toxic ex girlfriend. Needs to be done slowly.
Note the difference between Wikipedia's first paragraph on George Floyd compared to the first paragraph from Grokipedia. The nuance and detail on Grokipedia is FAR superior to Wikipedia and is clearly not pushing any ideologies, unlike Wikipedia. Corrections like this are critical to our AI future. Thank you Elon and @xai
2 cycles. 2 top Exits. Publicly.
What’s next for me? What risk and opportunities lie ahead?
Crypto
> I’m leaving a moon bag and shifting most of it to stocks.
Why?
> It’s Trump. Crime season. From AMD/OpenAI deals, Trump meme extraction events, Eric Trump’s $1B profit, Barron’s $80M profit, etc. Insiders are eating well.
> Trump could easily revalue gold reserves, use the funds to buy BTC, and send it to a million. Leave a moon bag.
Sectors I’m avoiding
> Software
Been avoiding software like a plaque. Been avoiding it. I’m early. Don’t care. Good luck, I hope you get rich.
Why?
AI will replace all software. It’s a known risk. Just blows my mind anybody would want to own software companies. Ticking TIME BOMB.
Elon Musk with Macrohard, get it? ( if you don’t get it, it’s inverse Microsoft )
> Industries dependent on REE ( Rare earth elements )
US spent 10% of their missiles defending Israel. Guess what’s inside the missiles? REE.
Where does REE comes from? China.
No China, No missles.
Mining for own REE? 10 to 15 years setup.
Opportunities?
I’ll share my thesis soon. Waiting for price to drop, I hope.
I try my best to give you guys entries. Risk management is on you.
This nuke, again proves. Trump controls the market.
Read into it.
Weaponise the financial system. Print.
Again, this is the point of the markets you cannot, I repeat: Cannot be 100% invested. Everything at ATH. You won't be able to sleep at night.
Days like today, it's okay to deploy some. Buy high conviction only.
Trump's market. Told you. Always be prepared for all scenarios. It's funny until it's not.
Obvious leverage wipe out. Check on your friends, if they are good. I shit post a lot, but this is not a time to dance on people's grave.
Markets will be fine.
Think about positioning...
Stocks - ATH
BTC - ATH
ETH- ATH
Gold - ATH
GOLD MINERS - ATH
Real Estate - ATH
Nasdaq - ATH
Bond Volatility - ATL
DAX / UK / ITALY / JAP / CHINA indexes - ATH
BANKS - ATH
ETH volume surpassed BTC - WTF
Retail stock at PE 600 LMAO
Half of my Jim Cramer KOLs list are long
Valuations surpassed Dotcom & Housing Bubble
Every fking shit is ATH, while CTA 99.8% long. Fund managers are fully deployed. Cash levels lowest.
I do not know a world where everyone makes money or am I in my own bubble? All my personal friends and followers I speak too made money. This is THE MOST COMPETITIVE MARKET IN THE WORLD. PvP at it highest.