“Mormons turned a swamp into a metropolis. Then they turned a desert into an empire. It’s the most American story.”
Their religious beliefs take them to Missouri. Neighbors learn they are anti-slavery and violently drive them out.
They go to Illinois and turn a swamp into a city that rivals Chicago. Only to have violent mobs run them out.
They walk toward Utah. Hoping to find a safe place to gather.
Jim Bridger mocks them. He bets $1,000 they can’t grow crops in Utah. They continue anyway.
The Utah soil is so hard it breaks their plows. So they engineer a way to water a desert.
Their crops grow. Salt Lake City sprawls. They expand. Latter-day Saints settle 500 towns across the West. A network of farms, commerce, and faith.
Their women become the first women to vote. They elect America’s first female state senator.
Their women organize themselves. With very little training, they create a system that lowers infant mortality to among the lowest rates in the country.
When the Depression hits, Latter-day Saints implement the most effective welfare program in the country. Decades later, Ronald Reagan studies it and calls it a model for the country. Its impact is seen today as Utah has the lowest usage of federal food assistance in the country.
The pursuit of knowledge and science becomes a hallmark. They start universities. They send their smartest men and women back east to learn the latest ideas and bring them back.
They are innovative. Technology that changes the world emerges from their culture. The television. The artificial heart. The weapons that won WWII. The beginnings of the internet.
The work ethic and cooperation that propelled them to develop the American West continues today. Their outsized influence on the world is famous.
They know religious persecution better than most. So they champion religious freedom for all, even those they disagree with.
Sociologists are obsessed with their outcomes. A Princeton researcher studied teens in America. She concluded that “Mormon teens are faring best.” Harvard data recently found that kids who grow up in Latter-day Saint homes are the most likely to say they feel loved by both parents. Other national studies consistently find them to be the happiest people in the country.
Gallup finds they are the most observant Christians in the country, a dedication to their faith that is unrivaled. Pew Research finds they know many Bible stories better than any other Christians.
A swamp became a metropolis. A desert became an empire. A persecuted people became the happiest in America. That’s the most American story ever told.
The White House just announced that grid infrastructure is essential to national defense. Here are the stocks that benefit :
Grid Equipment & Infrastructure:
$ETN (Eaton)
$GEV (GE Vernova)
$HUBB (Hubbell)
$PWR (Quanta Services)
Utilities & Power Generation:
$NEE (NextEra Energy)
$CEG (Constellation Energy)
$VST (Vistra)
Data Center Power & Enablers:
$VRT (Vertiv)
The push is for transformers, transmission lines and conductors, substations, and high-voltage circuit breakers
Wow.
The White House just announced that grid infrastructure is essential to national defense.
This includes transformers, transmission lines and conductors, substations, and high-voltage circuit breakers.
Companies working to electrify America will have a big tailwind.
Nick Shirley asks why Gavin Newsom is attacking him for exposing fraud in California:
“How sick does a governor have to be to say that the kid exposing the fraud is the bad person versus the fraudsters that are stealing the money?”
Excellent question.
Tom Sosnoff (@Tomunderwater) has built two different companies worth over $1 billion.
Now he is building his third and giving away $1 million of crypto to the first users.
We discuss why volatility creates opportunity, how he thinks about active investing across asset classes, and why he believes crypto deserves a place in every portfolio.
We also talk about options trading, oil and commodity volatility, the rise of self-directed investors, prediction markets, AI’s role in portfolio construction and financial advice, and how Tom is thinking about building the next generation of investing tools.
YouTube: https://t.co/Cr88YBLyTP
Spotify: https://t.co/elZoFfi5Pd
Apple: https://t.co/5UuFzGTKUB
TIMESTAMPS:
0:00 - Intro
0:52 - The real problem with today’s economy & the future of investing
5:26 - Rise of the self-directed investor
8:55 - How to trade extreme market volatility
11:08 - Why everyone should own bitcoin
12:09 - Selling volatility & options strategies
20:25 - Navigating chaos in today’s macro environment
22:19 - Trader mindset vs entrepreneur mindset
24:29 - Building an AI investing platform
26:38 - Why options trading is exploding
28:30 - Thoughts around Prediction Markets
32:46 - How AI will disrupt financial advisors
34:40 - Tom’s $1M crypto giveaway
@C_3C_3 The graph of people, but especially kids, identifying as transgender literally nosedives as soon as Elon buys Twitter.
Almost like it was a social contagion…
…and people couldn’t talk about it because they were being censored
Imagine that.
Kevin O’Leary: “I think the new play is energy”
How do you supply enough energy to advance the economy and all this AI demand?
With the AI buildout requiring 100+ gigawatts of power and compute, it’s clear there will be massive winners across energy, data centers, and hardware
"Three meals a day, please, that’s not nature, that’s Rockefeller marketing. Our ancestors didn’t sit around with breakfast, lunch and dinner neatly served."
https://t.co/er0O1Ej8Ix
🇮🇷🚨 | Elon Musk just opened Starlink for free in Iran, giving protesters a lifeline amid the internet blackout. He vows to keep the network running and block any attempts by the regime to shut it down. Freedom signals in the digital age.