History's first trillionaire is a guy who catches rockets out of the sky with chopsticks and beams internet to every dead zone on the planet.
Same guy ships cars that drive themselves, humanoid robots for the factory floor, brain chips that let paralyzed people move a cursor with pure thought, and an AI running on a supercomputer his team stood up in months instead of years.
And the people crashing out about his net worth are doing it on the app he owns. The same app governments spent years trying to censor.
You cannot legislate a rocket into orbit.
Trump has been an absolute marvel to me over the last 3 months. I honestly am humbled by what he and Bessent did and continue to do.
I’d love to get a book from Bessent on this period of time. I’d read it cover to cover.
@Restructuring__ I saw it generally as a flex item. Would be interesting to see how strong the average definition holds up and what % are “true” blockers
Chamath, you couldn’t grasp munis, CDS, or capital markets if they were lubed up & shoved into your ass. States can’t file Ch.9. CA would raise taxes, strip services, and crush vendors and pensions before skipping a GO coupon.
Your “10-30% tax fraud” point is just All In podcast slop for high finance incels. You’d be bleeding negative carry in a CDS pit and betting against the United States, Fed, and Treasury. There is no “asymmetric 10-1000x trade”. You’re trying to cosplay as Soros but you just look like a poser.
Just got through The Credit Investor’s Handbook by Gatto & will probably go through it 1-2 more times.
I can count on one hand the number of investment/text books I’d recommend. I’d choose this over Security Analysis et al 100x over.
how you sleep when everyone around you is telling you how good you’re doing but you’ve seen a glimpse of your true potential and you know you haven’t even scratched the surface…
Lol, who gives a fuck what Chamath thinks about the market. The All-In podtards consuming any of our mindshare is honestly one of the dumber trends to have come out of the last few years. Enough of these sycophant grifter crooks.
Never understood why so many NYC finance peeps spend so much money on stuff that is obviously overpriced, just to get a reaction like "Omg you spent so much money on that?" Rent I get, but if you spend $800 on a T-shirt or $1,000 a month on a gym, it's not a flex, you're a self selecting retard.