Michael Bardi

Pharmacist, Entrepreneur, Dividend Investor, Car Lover, Financial Advocator, YouTuber! Check my website for my latest YouTube videos

[Meet Kevin @realMeetKevin]

🚨 An Important Message to All Investors.

Last week, we saw Leopold get his investors' public stock portfolio liquidated. Likely in a matter of days, possibly leaving only his private Anthropic stake. I made a video, very upset. But my criticism comes only from lessons I had to learn myself. Here, I’m going to share them. Around January 14, 2022, the Nasdaq 100 was 6% off its peak, but my personal stock investments took a "leveraged" elevator down. At the time, I had about $32m in stocks and $20m in real estate. But I had margin debt on the stocks of about $14m - that's 43.75%. I thought I was safe. But my exposures were concentrated.

The Federal Reserve Minutes for the December 2021 (released Jan 5) meeting were the WORST minutes I had ever read. I still tremble thinking of that day. I made a video about the Minutes and could barely process it. Unfortunately, it took me another 9 days to come up with a plan and execute. In the days prior, my videos became more bearish and I shared fears and concerns. But I didn’t know what to do yet.

By then, my portfolio was down ~33% in a matter of weeks (on just a 6% Nasdaq decline). I didn't get margin called. But knowing that one day you could wake up to one is enough to make you lose sleep. And even if you can sleep well, you’re more likely to make other stupid mistakes because your emotions start destroying you: (sunk-cost fallacy, embarrassment of selling, admitting to making a mistake, etc.). Ironically, 6 weeks earlier I shorted ARKK with $3 million as a hedge at about $100, but I paper handed my hedge within 3 days! I didn’t have the balls to stay short!

The Nasdaq 100 went on to lose another 30% in the next ~10 months. ARKK was down 68% from my entry. But the market took the stairs. I took the elevator with weak balls.

Now, I want to be clear. Concentrated positions were part of this. So this isn't all about "leverage." Instead, it's the FEAR of what callable debt, on volatile assets, does to your psychology during a crash, and how even hedges don’t solve your psychological fears without a clear risk framework.

Recently, the Nasdaq 100 puked into correction (down 11%) the last few weeks. Yet, the equal-weight S&P 500 was making all-time highs! So even a "diversified" investment into the Nasdaq 100, especially on margin, could be disastrous.

But with margin debt or callable debt, you look every 5 minutes. You wake up sweating. You don't know how bad it's going to get and you know the Grim Reaper is going to come knocking on your door the next time the market's circuit breakers don't work and there's not a damn thing you can do about it.

So, the real damage-inflicter... the real final boss?

Callable or Margin Debt. It’s really fun on the way up! While I was riding massive returns on the way up, when the drop hit, my personal stock "peak" fell 10x faster (speed-wise) than the market in 2022. At that rate of change the nightmares of a margin call are enough to drive you mad!

In December of 2021, I almost bought a $23 million dollar Praetor 500. So, I sold ~$14m in positions at the top for the plane’s down payment, much of that in margin. Well timed, right? Well... JP Morgan then surprised me with a loan including a "remargining provision", which meant they could call me up and demand more cash, if the plane's value declined. (Plane values have been fine, but they also crash 50-60% in recessions). I politely told JP Morgan, "no thanks," and currently refuse to do business with JP Morgan (more reasons, but let's focus). Then, the money I raised to buy the plane? Oh, I invested that back in where it was. In margin. F**K.

In the third quarter of 2022, I launched HouseHack and swore off debt for as long as possible. To date, we have 100m+ in market-value real estate rented out and/or in development with ZERO bank debt.

And, in the 4th quarter of 2022, I bought stocks like Nvidia, and swore to never buy stocks with debt again. The beauty about that NVDA purchase? I bought it and forgot I bought it. Sold it up about 10x.

Sometimes, lessons are best learned FROM OTHERS. Apparently, I've had to learn for myself (stubborn, I guess!). Fortunately, I got lucky. I didn't get wiped out. I got "nipped". But I didn't learn from others getting sucker punched once. I had to learn it myself, over and over again, in slightly different ways. Learning is never linear. I made more mistakes, and I still worked for a better future. But I still got sucked in AGAIN! With some lessons learned. In November of 2022, I launched an ETF, and while the fund returned over 24% to investors in the just over 2 years it existed, I became so fearful that, even while I was calling for the greatest Nike Swoosh recovery from the bottom of 2022 (which happened), I still hedged the conviction. The conviction was right! But the damage of what short-term pain can do to convictions was enough to say: HEDGE! I used small positions in leveraged ETFs INSIDE the ETF to hedge against a downside. Without the hedges, we outperformed in our first year. With the hedges, we underperformed. I closed the fund and returned every dime to investors, a few weeks before Liberation Day. I feel good about having tried. I did try my best and my efforts came from a good place. But I was still shell-shocked from early 2022. And that fear combined with hedges, led to an underperformance relative to the S&P 500 over the life of the fund.

Of course, I wasn't done learning...

I bought a smaller plane on a 20-year fixed-rate loan with no "remargining" provision in December of 2022.

Unsurprisingly...

The happiest two days of my life, as the saying goes (again, I should have listened), were when I bought the aircraft for $12.9m, and the day I sold it for $12.969m - Today, I'm totally debt free. I also have to say I'm f**king lucky to have sold a plane I flew for nearly 3 years for more than I paid for it. (Sale price $12.969m, escrow total includes prorations, commissions, and closing items.) I also paid off all my real estate debt by selling some properties to consolidate my balance sheet, minimize risk, maximize peace of mind, and focus on HouseHack/Reinvest.

My dream is to build a business like Buffett. That's why I launched my startup (now called Reinvest - previously HouseHack). But it took falling on my face (a lot) to learn how bad debt was and how important risk management is to investors.

Anyone who hasn't learned this should NOT be managing someone else's money. While I'm still learning, I believe today I'm building very strong foundations that will survive, hopefully for 60 years (when I'll be Buffett's age).

Zero bank debt means:
➡️ We're like Citadel, not Leopold.
➡️ We're waiting for the opportunity, like Buffett.
➡️ We're a buyer, not a forced seller.

While I hope this market keeps mooning, and I'm sure I'll make some mistakes again, I want to be transparent about the one wish I still today regret didn't come true:

My ONLY WISH: I wished someone personally grabbed me by the shoulders and told me: GET OUT OF MARGIN NOW. Today, let this be a message to you:

Get out of margin debt.

[Sofia khatun @sofia3973]

STOP ASKING YOUR SON "HOW WAS SCHOOL."

HE WILL SAY "FINE" EVERY SINGLE TIME.

A CHILD PSYCHOLOGIST TOLD ME TO REPLACE IT WITH ONE OF THESE 4 INSTEAD:

[Discover @0x_Discover]

🚨 $SPCX IS FOLLOWING MY PLAN PERFECTLY

Since its IPO, $SPCX is down over 50% and is following same path as biggest IPOs

Look at Palantir in 2020

Same IPO. Same retail FOMO. Same dump off top

Put charts side by side - they're almost identical

Here's how I see next moves:

$111 → $140 → $120
$120 → $97 → $60
$60 → $95 → $110
$110 → $250 → $365

It may look confusing, but 99% of major IPOs follow same pattern:

1st step - Massive hype → retail piles in → small post-IPO rally

2nd step - 50-100%+ rally ends → whales distribute → dump below IPO price

3rd step - Downtrend begins → 60-80% drop from IPO → cycle bottom forms

4th step - Bottom is in → whales accumulate → 3-6 months of chop → first 50%+ breakout

5th step - Major uptrend begins → retail FOMOs back in → 150-200% rally over next 6-12 months

Right now, $SPCX looks like one of the best investment opportunities of 2026

IMPORTANT: I've already called major $SPX crashes,

$BTC's $126K ATH and every major drop since $96K publicly

Those who were following me saw those calls first

Turn notifs on so you don't miss my next market calls...

[Michael Bardi @DrMBardi]

@Jacobtheclipper Fifa is rigged to the max

[Jacob @Jacobtheclipper]

So if the ball is in the air you can just run into the foot of a player just winding up to kick it and you get a penalty?!

This sport is a JOKE and why us Americans will never really care about it. We don’t reward stupid tactics like this ✌️

[Michael Bardi @DrMBardi]

@appiecule Why do you care you live in America you should be embracing it. Instead you bitch about it. Get the fuck out of our country if you don’t like it so much!

[Michael Bardi @DrMBardi]

@appiecule Don’t fook with trumps America

[Michael Bardi @DrMBardi]

@TheLaikYobaz Good they better we running it

[Michael Bardi @DrMBardi]

@GavinNewsom Finally you going to jail looking forward to seeing your crookedness behind bars

[Noah @antibearthesis]

$NOW CEO Bill McDermott says ServiceNow can become a $1T company by 2030.

He bought $3M worth of shares at $107.

$NVDA CEO Jensen Huang says it could 100x.

President Trump bought $5M.

Anthropic says it’s essential infrastructure.

OpenAI is integrating deeply with it.

$AMZN, $MSFT & $GOOGL are all expanding partnerships.

And vibecoding an alternative would probably cost 10x more than just using ServiceNow.

Is ServiceNow the easiest buy in the market?

[HustleBitch @HustleBitch_]

🚨 PEOPLE ARE JUST NOW DISCOVERING THE CIA HID “QUANTUM HEALING CODES” FOR PAIN RELIEF INSIDE A DECLASSIFIED DOCUMENT — AND THE INTERNET IS ABSOLUTELY LOSING IT

A woman is going viral after pulling up a declassified CIA Gateway Process document on camera and claiming it contains “quantum healing codes” designed to influence the human body and mind.

One section allegedly instructs people to:
• close their eyes
• focus on the source of pain
• repeat the sequence “55515�� mentally

According to the document, the pain signals supposedly begin fading until they are “no longer important.”

But that’s where the rabbit hole starts getting weird.

She claims the CIA material also references:
• sleep-inducing techniques
• memory enhancement exercises
• methods tied to energy and strength
• consciousness experiments connected to the infamous Gateway Process

Now people are spiraling over why the CIA was researching altered states, frequencies, and the limits of human consciousness in the first place.

The comments are flooding in:

• “Why the hell was the CIA even studying this?”
• “This feels like forbidden information.”
• “What else is buried in those files?”
• “The human brain is way more powerful than we’ve been told.”

Did people just stumble onto one of the strangest declassified CIA rabbit holes ever released?

📹: TikTok/woowooqueeeen

[Anuj @anujcodes_21]

🚨 Anthropic just showed a 27-minute workshop on how to actually do prompts for Claude.

Taught by the people who built it.

Free. No registration. No paywall.

I've seen $300 courses that don't cover what they teach in the first 8 minutes.

Watch it and bookmark it now.

[winkle. @w1nklerr]

A girl makes $9,000 a month from faceless kids videos on her phone

She finds a viral kids song and opens up the lyrics in the description.

Copies them into ChatGPT and asks it for a similar song.

Out comes a whole fresh set of verses in seconds.

Then she drops a prompt into Picsart and Sora 2 Pro builds the clip.

The prompt is just one line about a kids show for Shorts.

A few minutes later there's a bright cartoon with dancing letters and characters.

No laptop, no camera, the entire thing happens on her phone.

Kids content has some of the highest CPMs and parents loop it nonstop.

One channel pulling a few million views a month is what gets her to $9,000.

Save this before every faceless kids channel starts getting made poolside.

[Mr. Buzzoni @polydao]

Atlassian's revenue: $1.79 billion last quarter
Atlassian's move: fire the engineer who built their infrastructure

his move: post a 38-minute breakdown of every system he built, free for anyone to copy

what he revealed:

> Envoy proxy instead of enterprise load balancers
> sidecar architecture for auth, logging, rate limits
> DynamoDB + SQS for async provisioning
> Packer + SaltStack for automated VM deployments at scale

Atlassian charges per employee across 350,000 customers

this guy just handed you the enterprise playbook for free

save this

[Michael Bardi @DrMBardi]

@MrBeast I don’t think it will have 1 like it will have 100 of thousands of likes

[Michael Bardi @DrMBardi]

@MrBeast Thanks Mr. Beast

[Michael Bardi @DrMBardi]

I completed the April challenge faster than 90.9% of all learners on Duolingo!