Pachito Mani

I Have A Dream. - Martin Luther King Jr California 🇺🇸👍🏼

[Pachito Mani @PacitoMani]

https://t.co/ijFodA0ee4

[Barak Ravid @BarakRavid]

🇺🇸🇮🇷New: President Trump tells me he is "low keying it" on Iran and signals he's prepared to allow economic pressure on Iran to mount. My story on @axios
https://t.co/65O3dIYQ6S

[Jensen Huang @JensenHuang]

For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.

AI will transform every industry, power every company, and be built by every country.

Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.

The world needs both frontier closed models and frontier open models.

https://t.co/AUKzoQ5Ikb

[Wilfred Frost @WilfredFrost]

🚨NEW EPISODE🚨

60 minutes with JAMIE DIMON

- wouldn't buy long bonds or SP500 here
- "risks are bigger than people think"
- "I want @AndyBurnham to succeed", but Banks Levy is "wrong"
- Leadership masterclass - breaking bureaucracy; overcoming insecurity; loneliness at top

STOCK MARKET: "In general would I be a buyer at this price? No."

BUYER OF LONG DATED BONDS? “Personally, no. I would not be a buyer and part of it is interest rates. I mean even if inflation was 2%, the 10-year bond should probably be at 4-4.5%. And the short rate should be at 3.25-3.5%. And they're almost there today. So I don't understand what the upside is, even if you think inflation going to go to 2%. But being an economic historian, I can't take out of my mind what happened after the great recession of 74. Deficits were less…And it climbed from 3.5% to 5% to 7% to 9% to 11%.”

ECONOMY/MARKET RISKS: “Make a list of all those really complex long-term geopolitical tectonic plates things that affect the market or may not… I do think those risks are probably bigger than other people think.”

MARCH 2020 NEAR DEATH EXPERIENCE: “So I knew at that point in time that there might be goodbye. Yeah.” And what stood out for you in the life that you'd led in that moment? “I remember I spoke to my wife and I told her to call their company and tell them exactly what's happening so they can do what they got to do. But the good news is I didn't have any great regrets. I would be leaving behind great children, great wife, great company. I did the best I can. Of course I made mistakes. But fortunately I recovered from all that.”

ON ANDY BURNHAM: “I want him to succeed. I want to see the UK thrive. I want London to succeed. But the UK, like everybody else and like my own country…you need a strong economy to do that. So the new Chancellor going to need good policies that actually cause growth. So I'm praying that they get policy right and government after government get it wrong.”

ON BANKS LEVY: “I have always thought it was wrong. JP Morgan did not damage the UK and I called the Chancellor at the time. We're a great citizen there. We hire people there. We want to be bigger there. We train people there. We hire veterans there. All of our people get medical and all that stuff like that. And I just thought it was a lack of principle to punish a company that had nothing to do with the crisis. And it's still there seventeen years later. Is that fair to a shareholder? I mean, it may sound great, 'tax the banks', but it's $5 billion that my shareholder's paid on that extra tax. And I just think things like that have adverse consequences.”

Timestamps:
0:00 Intro
2:14 As good as it gets environment
3:08 Risks bigger than people expect
4:28 Resilience despite Iran
9:21 Would not buy bonds here
12:50 AI risk & opportunity
15:16 Not buyer of SP500 here
16:02 SpaceX valuation
17:45 Lessons from Financial Crisis
19:09 Don’t expect success
21:00 Loneliness of leadership
23:25 Commitment to NYC @NYCMayor
25:03 I want @AndyBurnham to succeed
26:40 UK Banks Levy is wrong
29:14 Fighting bureaucracy
33:20 Character most important trait
35:26 Insecurity ruins leaders
39:46 Success is not just your own
43:15 Politics is a very tough game
47:55 Dimon’s founder-like impact & succession
51:30 Near death experience
53:05 Family
56:34 Learn, learn, learn – from history & people

@jpmorgan @Chase @chase_uk @JPMorganAM

[United States Trade Representative @USTradeRep]

Today, Ambassador Greer is taking action, at President Trump’s direction, under Section 301 of the Trade Act of 1974 by imposing tariffs on 60 trading partners for their failure to adopt and effectively enforce a prohibition on the importation of goods produced with forced labor.
https://t.co/o3ziUyj0XT

[CNBC @CNBC]

Warren Buffett says he spoke with Bill Gates about three weeks ago.

"We spent three hours talking together and he intends to call me ... he already proposed another one," Buffett said. https://t.co/QD0vpi6xUD

[Dan Niles @DanielTNiles]

“Speed bump” (6/20, 6/28, 7/5 post for details) continues w/ the reaction to Samsung CQ2 results. Objectively spectacular but not relative to consensus. "Only" 2% rev beat (+126% y/y) & 6% op profit beat (19x y/y). Remain wary given AI related names not close to oversold.

[Vertiv @Vertiv]

AI is changing the rules of infrastructure. Vertiv delivers end-to-end systems—power, cooling, IT, and services—engineered for scale and multiple compute generations ahead. See how we enable uninterrupted performance. Explore more: https://t.co/Dk5Y7nemhq
#AIInfrastructure

[Vertiv @Vertiv]

We’re growing again! Vertiv has completed its acquisition of ThermoKey, expanding our heat rejection portfolio to enable AI factories and high-density data centers. Learn more: https://t.co/KPcr4cAENy

#AIFactories #HighDensity #EndToEndThermal #EndToEndSolutions

[Vertiv @Vertiv]

Mixed air and liquid cooling environments need end-to-end coverage. Steve Madara of Vertiv and Tom DeJonge of US Signal discuss what that looks like in practice at Vertiv Cooling Innovation Day at DCD. Watch now: https://t.co/tgpG8WrbC0

#EndToEndSystems #PowerInfrastructure

[Pachito Mani @PacitoMani]

Colombia VS Jordania: hora y dónde ver el último partido amistoso de la selección previo al mundial 2026 https://t.co/MZWS18Cs77

[Goldman Sachs @GoldmanSachs]

How are the markets looking ahead of next week's Federal Reserve meeting? Hear from Tony Pasquariello, Global Head of Hedge Fund Coverage for Goldman Sachs Global Banking & Markets, on this episode of Goldman Sachs The Markets. Listen to the podcast now: https://t.co/olzoefltRq

[RT @RT_com]

MASSIVE MUSHROOM-PATTERN BLAST rocks Tyre, Lebanon after IDF MIDNIGHT WARNINGS and strike on RESIDENTIAL BUILDING

[Pachito Mani @PacitoMani]

@RT_com If this IRGC statement is authentic, then the ceasefire is clearly unstable and Gulf escalation risk just rose. But until Kuwait, CENTCOM, Reuters, AP confirm the exact sequence this remains a claim from one side not a fully verified battlefield fact. Watch closely now. #USIRAN

[Iran Observer @IranObserver0]

⚡️BREAKING

IRGC statement on clashes with U.S. forces:

"As a result of the U.S. violation of the ceasefire, we have struck the U.S. military base (located in Kuwait) from which the attack originated

This is a serious warning to the United States, and repeated violations will be met with a much more decisive response."

[Pachito Mani @PacitoMani]

@IranObserver0 If this IRGC statement is authentic, then the ceasefire is clearly unstable and Gulf escalation risk just rose. But until Kuwait, CENTCOM, Reuters, AP confirm the exact sequence this remains a claim from one side not a fully verified battlefield fact. Watch closely now. #USIRAN

[Pachito Mani @PacitoMani]

@defense_civil25 Real story is not just that a missile was intercepted. It’s that the region is now one bad decision away from wider war, while the internet swings between prophecy, mockery, and panic. Watch verified facts, track escalation, and ignore emotional theater before it becomes history.

[US Homeland Security News @defense_civil25]

🚨Update: “All US Bases across the Persian Gulf are now targets!”

- Iranian Foreign Ministry

[Michael Burry Stock Tracker ♟ @burrytracker]

Breaking: Michael Burry said "it feels like the last months of the 1999-2000 bubble"

The last time the Knicks were in the NBA Finals, the Nasdaq peaked 9 months later and fell 78%

History is rhyming hard right now:

1999:
• Knicks are in the NBA Finals
• Nasdaq up 84% that year
• Tech was 33% of the S&P 500
• CAPE ratio hit 40x
• Margin debt at record highs
• Hedge funds had 31% of portfolios in tech

2026:
• Knicks are in the NBA Finals
• Nasdaq up 31% in 12 months
• Tech is 32% of the S&P 500
• CAPE ratio at 40x
• Margin debt at record highs
• Hedge funds have 33% of portfolios in Big Tech

[Pachito Mani @PacitoMani]

https://t.co/4uDguhHt8a