Olivia
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Akito
@lag1r
Money is a choice and a risk, and in crypto, it’s also a game of speed!
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Degenland
Joined October 2021
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255 Followers
140 Posts
Jason Bateman went from magazine covers at 14 to being unable to book a single role. Broke and terrified he'd "blown past college," he made himself one promise that turned a second chance into a $100 million podcast deal.
He'd been a star since 10 - hit after hit. Then it stopped. In his 20s the work dried up completely, and he sat in the fear that the best was already behind him. That panic hardened into a single rule: if he ever got another shot, he wouldn't waste it. Success has a shelf life unless you keep reinvesting in yourself.
"Were it not for some of that cliff-hanging earlier, I don't know if I'd be as good at the caretaking of these opportunities."
In 2003, Arrested Development gave him the second shot - and this time he compounded it into Ozark, a Netflix deal, a production company, and the nine-figure SmartLess podcast. He didn't get lucky twice. He treated the second chance like capital, not a windfall.
Talent gets you the first win. Only reinvestment turns a hit into an empire.
bookmark & watch the full conversation below ↓
@shevaxgod i say its an interesting story
Jason Bateman went from magazine covers at 14 to being unable to book a single role. Broke and terrified he'd "blown past college," he made himself one promise that turned a second chance into a $100 million podcast deal.
He'd been a star since 10 - hit after hit. Then it stopped. In his 20s the work dried up completely, and he sat in the fear that the best was already behind him. That panic hardened into a single rule: if he ever got another shot, he wouldn't waste it. Success has a shelf life unless you keep reinvesting in yourself.
"Were it not for some of that cliff-hanging earlier, I don't know if I'd be as good at the caretaking of these opportunities."
In 2003, Arrested Development gave him the second shot - and this time he compounded it into Ozark, a Netflix deal, a production company, and the nine-figure SmartLess podcast. He didn't get lucky twice. He treated the second chance like capital, not a windfall.
Talent gets you the first win. Only reinvestment turns a hit into an empire.
bookmark & watch the full conversation below ↓
Jason Bateman says he was too embarrassed to say one word to his 14-year-old during ‘the talk’, so the replacement he invented is so much worse
“So I’m giving my daughter the talk, you don’t want to be saying the word ‘ejaculate’ to your daughter. That’s not a great term”
“I said, when the male member is inside of the woman’s member, it’s so lovely, there’s so much love. I’m starting to sweat just thinking about it”
“To avoid that term, I said the penis just screams. And it’s the equivalent of the penis just yelling ‘I love you.’ And then it yells the love into the woman, and then you get you, baby”
“You should write a children’s book - Jimmy Kimmel”
@0xkvro youre absolutely right
Who to follow
Carl Icahn made $470 million bankrupting an airline. The strange part isn't the number - it's that 8,000 workers had begged him to save it first.
He lost everything in a single day early on - the car and the girl left the same afternoon, the market crash taking even his $8,000 in poker winnings. That wipeout became the whole philosophy: "the more people against you, the better. When everybody's given up, that's the perfect time."
The TWA chapter is the part people leave out. Workers begged him to save the airline. Instead he sold its best routes to American for $445 million, left 8,000 employees under $540 million in debt, and walked away $469 million richer.
"I made more in two weeks than my father made in two years."
Ruthless, legal, and wildly profitable - he compounded roughly 31% a year for 43 years doing exactly this. Markets don't reward being liked. They reward being right when everyone's sure you're wrong.
bookmark & watch this masterclass below ↓
Carl Icahn made $469 million bankrupting an airline - the workers begged him to save it, so he stripped it for parts
then he showed Yale students how he went from $8,000 in poker winnings to $25 billion on speculations
"I lost everything in one day - the car and the girl left the same afternoon - then I learned the one thing that changed everything "
he sold TWA best routes to American Airlines for $445M and left 8,000 workers with $540 million in debt - then built a website selling their own tickets cheaper than they could
"I made more in two weeks than my father made in two years - then the crash came - didn't even have the poker winnings left"
"I'm not even a manager - never took a course - I just put in a good guy and we make a fortune"
"the more people against you, the better - when everybody's given up, that's the perfect time"
$700M Texaco, $2B Apple, $2B Netflix - 31% a year for 43 years here is what he told the juniors
bookmark & watch this masteclass by one of the greatest ↓
Carl Icahn made $470 million bankrupting an airline. The strange part isn't the number - it's that 8,000 workers had begged him to save it first.
He lost everything in a single day early on - the car and the girl left the same afternoon, the market crash taking even his $8,000 in poker winnings. That wipeout became the whole philosophy: "the more people against you, the better. When everybody's given up, that's the perfect time."
The TWA chapter is the part people leave out. Workers begged him to save the airline. Instead he sold its best routes to American for $445 million, left 8,000 employees under $540 million in debt, and walked away $469 million richer.
"I made more in two weeks than my father made in two years."
Ruthless, legal, and wildly profitable - he compounded roughly 31% a year for 43 years doing exactly this. Markets don't reward being liked. They reward being right when everyone's sure you're wrong.
bookmark & watch this masterclass below ↓
@Rossst_03 appreciate the support
My friend of mine makes $1.4 million a year as a Jane Street quant. The strange part isn't the number - it's that it's roughly the company average.
In 2024, Jane Street paid an average of about $1.4 million per employee across its entire global workforce, not just its star traders. A new quant trader starts with a $300,000 base - described by people inside as the least interesting number in the offer, because the discretionary bonus is where the real money lives. First-year total comp can run $400,000 to $700,000 before you've proven much of anything. And the firm still comes out ahead paying it.
That's the part worth understanding. Jane Street generated $16.1 billion in trading revenue in a single quarter, running its own capital with no outside clients. When a business prints money at that scale, one sharp mind plugged into the machine is worth many multiples of a seven-figure salary. The pay looks insane in isolation. Against the revenue it helps produce, it's a rounding error.
The lesson isn't "become a quant." It's that the biggest paychecks don't go to the hardest workers - they go to the people positioned where their edge multiplies against enormous capital. Find the seat where your work compounds. That's the real trade.
bookmark & watch the full breakdown below ↓
My friend of mine makes $1.4 million a year as a Jane Street quant. The strange part isn't the number - it's that it's roughly the company average.
In 2024, Jane Street paid an average of about $1.4 million per employee across its entire global workforce, not just its star traders. A new quant trader starts with a $300,000 base - described by people inside as the least interesting number in the offer, because the discretionary bonus is where the real money lives. First-year total comp can run $400,000 to $700,000 before you've proven much of anything. And the firm still comes out ahead paying it.
That's the part worth understanding. Jane Street generated $16.1 billion in trading revenue in a single quarter, running its own capital with no outside clients. When a business prints money at that scale, one sharp mind plugged into the machine is worth many multiples of a seven-figure salary. The pay looks insane in isolation. Against the revenue it helps produce, it's a rounding error.
The lesson isn't "become a quant." It's that the biggest paychecks don't go to the hardest workers - they go to the people positioned where their edge multiplies against enormous capital. Find the seat where your work compounds. That's the real trade.
bookmark & watch the full breakdown below ↓
https://t.co/q9SBesYjPW
@RuujSs The strategy didn’t break the market just switched regimes that’s what HMM catches. interesting read
Adam Sandler found out he was getting fired from SNL through a rumor. He tried to call. They never called back. He went on to gross over $4 billion at the box office.
Years later his daughter asked why he left if it was the best time of his life. He told her the truth: he didn't leave, he was fired - between seasons, blindsided, no explanation. The man NBC cut loose in the mid-90s built one of the most bankable careers in Hollywood, including a reported $250 million Netflix deal. Then he walked back onto that exact stage 25 years later and sang about the firing - in front of the network that did it.
"I always tell them how SNL was the best time of my life."
No bitterness. Just a man who'd won so completely he could turn his lowest professional moment into a punchline on the same stage it happened. The rejection that felt like the end was only ever the setup.
Getting cut loose isn't the story. What you build after is.
bookmark & watch the full performance below ↓
Adam Sandler found out he was getting fired from SNL through a rumor. He tried to call. They never called back. He went on to gross over $4 billion at the box office.
Years later his daughter asked why he left if it was the best time of his life. He told her the truth: he didn't leave, he was fired - between seasons, blindsided, no explanation. The man NBC cut loose in the mid-90s built one of the most bankable careers in Hollywood, including a reported $250 million Netflix deal. Then he walked back onto that exact stage 25 years later and sang about the firing - in front of the network that did it.
"I always tell them how SNL was the best time of my life."
No bitterness. Just a man who'd won so completely he could turn his lowest professional moment into a punchline on the same stage it happened. The rejection that felt like the end was only ever the setup.
Getting cut loose isn't the story. What you build after is.
bookmark & watch the full performance below ↓
Adam Sandler says he got fired from NBC and sang it on their stage25 years later and told them he made $4,000,000 at the box office
‘I always tell them how SNL was the best time of my life and my daughter asked me if it was the greatest why did I leave well honey there is a reason’
‘I was fired,I was fired,I was fired,I was fired so sad to tell well I never saw it coming I got fired from SNL between seasons I heard it as a rumor that I was getting the sack I tried to call but he never call me back’
‘I guess NBC had enough of crazy spoon head and the song I sang on the news maybe they was sick of cantina boy but I think they just hate the Jews’
Clooney's ER co-star was making $1 million per episode. Clooney was making $20 grand. He could have matched him - but the raise came with a price he refused to pay.
ER was the biggest show on television, watched by 40 million people a week in an era with only a handful of channels. Renegotiating his contract would have meant signing on for more years. Clooney didn't want more years. He wanted movies - and at the time, the industry treated the jump from TV to film as nearly impossible. So he left the money on the table on purpose, staying patient and strategic while his co-star out-earned him fifty to one.
"that's how bad he wanted to get off TV and do movies."
The math looks insane in the moment. It looks brilliant in hindsight. Clooney understood something most people miss: the highest-paying option in front of you can be the one that traps you. Locking in the $1 million would have bought years he wanted back. Refusing it kept the one asset that actually mattered - his freedom to leave.
Sometimes the most expensive thing you can do is take the raise.
bookmark & watch the full conversation below ↓
Clooney's ER co-star was making $1 million per episode. Clooney was making $20 grand. He could have matched him - but the raise came with a price he refused to pay.
ER was the biggest show on television, watched by 40 million people a week in an era with only a handful of channels. Renegotiating his contract would have meant signing on for more years. Clooney didn't want more years. He wanted movies - and at the time, the industry treated the jump from TV to film as nearly impossible. So he left the money on the table on purpose, staying patient and strategic while his co-star out-earned him fifty to one.
"that's how bad he wanted to get off TV and do movies."
The math looks insane in the moment. It looks brilliant in hindsight. Clooney understood something most people miss: the highest-paying option in front of you can be the one that traps you. Locking in the $1 million would have bought years he wanted back. Refusing it kept the one asset that actually mattered - his freedom to leave.
Sometimes the most expensive thing you can do is take the raise.
bookmark & watch the full conversation below ↓
Matt Damon says George Clooney was earning around $20K an episode on “ER” while his co-star made $1M,
because renegotiating his contract would’ve meant giving the show more years when he wanted to pursue movies instead.
“When we started, it was different. I mean, like George Clooney, for instance, there was a big thing.”
“He very famously became this superstar on ER.”
“That show, 40 million people a week were watching that show. It was the biggest thing, right? Because there were only a few channels to tune into, and that show was the biggest one.”
“And George never renegotiated his contract. He wanted to work in movies, and it was like, ‘You can’t go from TV to movies.’”
“It’s very hard. Very few people can do it.”
“And he really strategically and kind of patiently… he joked that on the last episode he was on, Anthony Edwards, his co-star, was making a million bucks for the episode.”
“And he was making, you know, 20 grand or whatever his deal was.”
“He could have renegotiated, but he would have had to give more years.”
“That’s how bad he wanted to get off TV and do movies.”
@shevaxgod Interesting read, solid post
Jim Chanos called Enron before it collapsed by reading the one page everyone skipped. He says the same trick is hiding in plain sight right now.
In a spending boom, one dollar gets counted twice - booked as profit by the seller, quietly depreciated by the buyer. Earnings look unstoppable until the spending stops. In 2000, S&P earnings rose ~30%, then cratered ~40% in twelve months. No recession - the telecom buildout just froze. Firms had ordered 10,000 routers and needed 2,000.
He says the AI boom runs on identical mechanics. The most dangerous distortions never look like fraud. They look like growth.
07:14 – The profitability disconnect: semis vs hyperscalers
14:00 – NeoClouds and CoreWeave
26:20 – The dot-com analogy on hypergrowth
35:00 – The "nightmare" scenario for longs
37:14 – The huge bull market in memory
bookmark & watch him connect Enron to AI ↓
Jim Chanos called Enron before it collapsed by reading the one page everyone skipped. He says the same trick is hiding in plain sight right now.
In a spending boom, one dollar gets counted twice - booked as profit by the seller, quietly depreciated by the buyer. Earnings look unstoppable until the spending stops. In 2000, S&P earnings rose ~30%, then cratered ~40% in twelve months. No recession - the telecom buildout just froze. Firms had ordered 10,000 routers and needed 2,000.
He says the AI boom runs on identical mechanics. The most dangerous distortions never look like fraud. They look like growth.
07:14 – The profitability disconnect: semis vs hyperscalers
14:00 – NeoClouds and CoreWeave
26:20 – The dot-com analogy on hypergrowth
35:00 – The "nightmare" scenario for longs
37:14 – The huge bull market in memory
bookmark & watch him connect Enron to AI ↓
Jim Chanos called Enron before it collapsed - by reading the one page everyone skipped.
now he says the same trick is hiding in plain sight again.
the trick: in a spending boom, one dollar gets counted twice. booked as profit by the company selling the gear - quietly depreciated by the one buying it. earnings look unstoppable… until the spending stops.
his receipt: S&P 500 earnings rose ~30% into 2000, then cratered ~40% in twelve months. no recession did that. the telecom buildout just froze - firms had ordered 10,000 routers and needed 2,000.
he says the AI infrastructure boom runs on identical mechanics.
~20-min interview, free. the man who saw Enron in the footnotes on how every boom hides its own bust ↓
Matthew McConaughey and Joe Rogan says being rich won’t make you happy but life becomes boring.
McConaughey's point is quiet but sharp: most people chase success without ever asking whether it returns anything real. He draws a line between money and profit - not dollars in an account, but actual value in a life. You can win every external thing and still come home to numbers that keep climbing while the feeling underneath them flatlines.
"people think reaching the top means you'll automatically be happy. it doesn't."
Rogan takes it further. The assumption that the summit fixes you is the exact reason so many people arrive there hollow. They spent the whole climb believing the view would do the work - and then they're standing in a house that echoes, surrounded by things they wanted badly enough to sacrifice for and no longer notice.
The uncomfortable truth in the conversation isn't that success is bad. It's that success measured in the wrong currency compounds into a very expensive kind of empty. The people who stay whole are the ones who defined profit before they ever chased money.
bookmark & watch the full conversation below ↓
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