Gilbert Punt

[Gilbert Punt @GilbertPunt]

“it is your principle that is so offensive, as evidenced by the broad disdain for your flippant flirtation with the darkest of human fantasy - socialism.”🔥👏🏻

[david friedberg @friedberg]

why not just raise income tax rates?

because your real intent is not to just “provide healthcare”.

you’re masking that you are proposing the creation of, for the first time in the 250 years of this American republic, an organized government seizure of private property from citizens.

you’re calling it a “wealth tax” or a “billionaires tax” or “millionaires tax” or whatever nom du jour polls well. but at the end of the day, it’s the seizure of private property from citizens by the government. citizens that earned money, paid their fair taxes on those earnings (53% if they live in California) and are now being told they need to hand over after-tax assets because the government has failed to provide promised services with the revenue it’s collected, and are now re-casting their own failure to be a socio-economic inequity that must be justly resolved... a slippery slope that has never gone anywhere good (see economic effects in USSR, Cuba, Venezuela, France and Norway wealth tax etc.)

the American founders fled tyranny in Europe and this amazing nation was populated by immigrants (myself and your parents) from around the world not just looking for a “better life” but for a place where they could have freedom from tyrannical governments that can take what they want from private citizens. a great nation borne of property rights, the rule of law, and endowed freedoms to believe, speak, or act. these principles led to the greatest run of innovations, successes, and widespread increase in prosperity, for all citizens, ever seen.

the citizens, the individuals, not the institutions, delivered this progress. those who invented, who toiled, who bled, who sacrificed, who took risk and persevered, who led, and who changed the world, are not charlatans, kleptocrats, or oligarchs. they’re what made us all better off. prosperity is a measure of america’s success, not its failure.

it is your principle that is so offensive, as evidenced by the broad disdain for your flippant flirtation with the darkest of human fantasy - socialism. you and other neo-socialists have led so many of us to reflect on America’s history and what it is becoming. that now leads so many to consider, so unnecessarily, leaving their homes for a place where everyone stands up to shout down the principle you suggest. because if your ideas are now considered moderate, it’s clear this titanic is sinking.

that a “simple tax” of taking assets that have been earned, through toil and tribulation, rightly taxed, and preserved, should now be unjustly seized, is your solution to a problem of obvious government mismanagement and outright fraud, tells us that your true motivation lies not in giving people healthcare but in cutting down success and deleting the system of prosperity and opportunity for all.

i don’t care, and neither should anyone else, what the sum total market value of a private citizens private assets might be. it is none of my business and should be none of yours. because, again, once you open that pandora’s box, we might as well study Lord of the Flies … there is literally nothing stopping 51% of citizens demanding that their government go out and seize 100% of the private property of the 49%.

want to give healthcare to people in need? do your job and fix healthcare. make it affordable. want to be lazy about it? then do your job lazily and raise income taxes.

want to take private property from private citizens who have paid their fair share of taxes and legally earned their property, then honestly declare that it is envy, not inequity, that you strive to resolve…

[Vivek Sen @Vivek4real_]

🇺🇸 PRESIDENT OF THE USA SAID THE TRADITIONAL FINANCIAL SYSTEM IS BROKEN AND CRYPTO WILL FIX IT

WHAT A TIME TO BE ALIVE!!!

[Naval @naval]

Learn to sell. Learn to build. If you can do both, you will be unstoppable.

[Gilbert Punt @GilbertPunt]

Love this. Everyone should build &/or sell!

[Grant Lee @thisisgrantlee]

The New York Times profiled a start-up with 28 employees serving nearly 50 million users.

That company is us.

The traditional startup playbook: raise massive funding, hire hundreds of employees, and worry about profitability "later."

But there's another way.

Everyone at Gamma could fit in a small restaurant.

We're not just surviving—we've been profitable for 15+ consecutive months, with revenue growing month over month, and lifetime negative net burn (we have more money in the bank than we've raised).

This isn't an accident. We've deliberately designed our organization to maximize impact per person.

Instead of creating specialist silos, we hire versatile generalists who can solve problems across domains. Rather than building management hierarchies, we find player-coaches who both lead and execute.

Our team leverages AI tools throughout our workflow - Claude for data analysis, Cursor for coding efficiency, NotebookLM for customer research synthesis. These aren't just productivity hacks; they're force multipliers.

Examples:

— When our growth PM needed better analytics, he didn't file a ticket with a data team—he built a self-serve system that anyone can use without SQL knowledge.

— When our marketing lead needed to understand our customers better, she fed thousands of interactions into an LLM and created actionable personas that now guide our entire strategy.

— When our design team needs to test a hypothesis, we create a rapid prototype and show it to our power users.

What we're seeing isn't just about "doing more with less." It's about fundamentally changing what's possible per person.

The most valuable employees aren't specialists who excel in narrow domains - they're resourceful problem-solvers who continuously expand their capabilities.

This approach creates remarkable resilience. Since everyone understands multiple functions, we don't have single points of failure when someone leaves or moves to another project.

If you're building today, the question isn't how quickly you can scale headcount … it's how much impact you can create with the smallest possible team.

The future belongs to tiny teams of extraordinary people.

[Reads with Ravi @readswithravi]

Clarity comes from action.

[Arjun Khemani @arjunkhemani]

Peter Thiel: “At the extreme, optimism and pessimism are the same thing.

If you’re extremely pessimistic, there’s nothing you can do. If you’re extremely optimistic, there’s nothing you need to do.

Both extreme optimism and extreme pessimism converge on laziness.”

[tobi lutke @tobi]

https://t.co/6i6h3sKi3x

[Gilbert Punt @GilbertPunt]

You’re not negotiating reciprocal tariffs if you ignore domestic barriers. In South Africa, BEE doesn’t show up on tariff schedules — but foreign firms pay it all the same. #TradePolicy

[Palmer Luckey @PalmerLuckey]

Learn to prompt.

[Ryan McEntush @rmcentush]

my dad sat me down once and said:

“There are only two jobs in the world: building or selling. If you’re not doing one of those, you’re just an expense.”

still think about this.

[David Kass @DrDavidKass]

Buffett: "In a very minor way, Berkshire shareholders have participated in the American miracle by foregoing dividends, thereby electing to reinvest rather than consume. Originally, this reinvestment was tiny, almost meaningless, but over time, it mushroomed, reflecting the mixture of a sustained culture of savings, combined with the magic of long-term compounding."

[Danny Postma @dannypostma]

This quote from Lee Kuan Yew seems more relevant than ever.

[John Ziegler @Zigmanfreud]

👀
In leaked audio, Jamie Dimon takes his employees, especially the younger ones, to the woodshed over their desire to keep “working” remotely.
🔥

[Altcoin Daily @AltcoinDaily]

Crypto Czar, David Sachs reveals what US Bitcoin holders can expect over Trump’s next 4 years:

[Roelof Botha @roelofbotha]

Price floors and ceilings disrupt the orderly operation of markets. The impact of Milei’s dismantling of rent control in Buenos Aires were stunning: supply of rental properties more than doubled and real rents fell 40%. Despite the mountain of evidence of the damage caused by price controls, California continues its path to ruin through senseless policies. The fires in LA are yet another example. State laws prevent insurers from raising premiums high enough to cover increasing wildfire risks and rising reinsurance rates—so some, including State Farm and AllState, have simply stopped selling policies. In Orwellian fashion, these are labeled as “consumer protection” laws, yet have the opposite effect: consumers are harmed and left uninsured because of market failure.

[Beff (e/acc) @beffjezos]

"LinkedIn is OnlyFans for middle managers"

[Dylan O'Sullivan @DylanoA4]

Bullseye

[The Spectator Index @spectatorindex]

BREAKING: Meta's Mark Zuckerberg says 'we are going to get rid of fact-checkers and replace them with community notes, similar to X'

[Thomas Sowell Quotes @ThomasSowell]

Milton Friedman explains why redistribution of wealth often does more harm than good.

[Rohan Paul @rohanpaul_ai]

Satya Nadela explains the AI Agentic Future.

The business logic is all going to these Agents.

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Video from Bg2 Pod Youtube Channel (link in comment)