Realising Apple went public at under $2 billion and 15 times revenue in 1980.
SpaceX wants you to buy at $2 trillion and 100 times revenue in 2026.
That is not getting in early. That is being the exit for venture capitalists who have held this equity for years at a fraction of what you are being asked to pay.
Almost none of the retail investors buying this IPO will read the 300 pages before the book closes on June 11.
That is your entire competitive advantage right there.
Ken Griffin on the single factor he looks for when hiring at Citadel:
"show me an athlete who did well academically."
"an athlete because they know what it takes to win and they've had to experience loss."
talent is everywhere. what's rare is someone who knows how to lose, recover, and still perform at a high level.
same thing separates profitable traders from everyone else.
Ken Griffin started Citadel in a Harvard dorm room in 1987 with $265,000 raised from friends and family.
He put a satellite dish on the roof of his building, ran a cable through an old elevator shaft, and pulled it through his window to get real-time stock quotes.
In the 24 months before the 2008 financial crisis, Citadel earned $13 billion in trading profits. More than Amazon had made in its entire history at that point.
Then Lehman failed.
Citadel lost hundreds of millions of dollars a week. CNBC parked a van outside their office waiting to break the story of their collapse. By the end of 2008 they had lost half their capital.
Here is how they survived.
Every single day, they did whatever it took to buy one more day. Sold assets. Closed business lines. Let people go. Suspended redemptions. The management team personally absorbed $500 million in costs to show their investors they believed in the firm's future.
One painful decision at a time. No putting things off.
"Often the choice was between painful and more painful. But day by day, we bought ourselves a future."
The lesson Griffin took from it came from Andrew Carnegie: take away my factories, my ships, my money, strip me of everything. Leave me my people. In two or three years I will have it all again.
97% of iPhone users are shooting at 12MP.
Their phone does 48MP.
Apple defaults your $1200 camera to a quarter of its actual resolution.
I changed 7 settings last week and my photos instantly looked professional.
Here's what Apple doesn't tell you:
John Wooden shares a mindset that we all need to adopt every day.
"Yesterday is gone. That'll never change. Tomorrow is yet to be."
"How can you affect tomorrow? By today. That's the only possible way."
"I tried to get each player to make each day his masterpiece."
Don't get caught up in the past or worry about the future - make today your masterpiece.
Then he shared advice he gave to certain players:
"You've gotta put the past out. Good or bad, it's past - it'll never change. The only way you can affect the future is what you do today."
You can't change yesterday. You can't control tomorrow. You only have today.
Then he recited a poem by Vivian Larimore that he loved:
"I've shut the door on yesterday, its sorrows and mistakes. I've locked within its gloomy walls past failures and heartaches."
"And now I throw the key away to seek another room and furnish it with hopes and smiles and every springtime bloom."
"I've shut the door on yesterday and thrown the key away. Tomorrow holds no fears for me, for I have found today."
"Today is the day that counts. It's today."
The present moment is the only place where you can truly make a difference.
Don't carry yesterday's failures or worry about the unknown.
Focus on what you can control.
Instead of watching Netflix, watch this 1-hour Yale lecture by Professor Ben Polak.
It will change how you think about decisions in negotiations, business, and everyday life.
In 2007, Stanford professor Joel Peterson gave a 1 hour masterclass on how to negotiate & get what you want.
His ideas:
- Worst position is needing the deal
- Trust beats manipulation in long term
- Great negotiators think in relationships
12 lessons to negotiate better:
@UConnMBB Haven’t followed this team very much this year but watched yesterday. Your #5 is a stud, reminds me of a player long ago at St. Bonaventure, Bob Lanier.
🚨 In 1992, a MIT lecture quietly revealed more about product and sales than most 2-year MBAs ever will.
Most people have never seen it.
It came from Steve Jobs and instead of teaching theory, he broke down how great products actually win.
Watching it today feels unreal.
He explained that people don’t buy products they buy meaning. The best products aren’t just functional, they connect with how people see themselves. That’s why some ideas spread effortlessly while others die, even if they’re technically better.
He also made it clear that marketing isn’t about features. It’s about clarity. If you can’t explain why your product matters in simple terms, it won’t matter at all. Complexity doesn’t impress it confuses.
And his biggest edge? Obsession with experience. Not just what the product does, but how it feels. The small details, the simplicity, the story that’s what separates good from unforgettable.
That’s why this MIT lecture still hits hard.
Because while most people are building products…
Very few understand why people actually buy them.
NVIDIA CEO Jensen Huang just said the quiet part out loud about what the education system will never admit.
For a century, we built humans to think like calculators.
The algorithm made that skillset obsolete overnight.
Huang: “The definition of smart is somebody who’s intelligent, solve problems, technical. But I find that that’s a commodity. And we’re about to prove that artificial intelligence is able to handle that part easiest.”
Software engineering was supposed to be the safe play.
Superintelligence cleared it first.
The SAT was supposed to measure intelligence. It was measuring the ability to follow instructions. Raw technical processing isn’t a competitive edge anymore. It’s the floor the machine stepped over before you woke up.
The question isn’t what you can calculate.
It’s what you can see before the data shows up.
Huang: “People who are able to see around corners are truly, truly smart. And their value is incredible. To be able to preempt problems before they show up, just because you feel the vibe.”
That vibe isn’t magic.
It’s the collision of first principles, human empathy, and lived experience no model can fake.
Huang: “That vibe came from a combination of data, analysis, first principle, life experience, wisdom, sensing other people.”
The operators who see around corners will command the AI.
The ones waiting for dashboards to update will be replaced by it.
Huang: “I think long term the definition of smart is someone who sits at that intersection of being technically astute, but human empathy and having the ability to infer the unspoken, around the corners, the unknowables.”
The unspoken variables are the new leverage.
The human psychology inside a market. The invisible friction in a negotiation. The instinct to build something nobody asked for yet.
You can’t spreadsheet your way there. You can’t prompt your way to that perception. It comes from decades of watching what doesn’t show up in the metrics.
Huang: “And that person might actually score horribly on the SAT.”
The future doesn’t belong to people who memorized answers.
It belongs to people who sense the questions before anyone thinks to ask.
The old system tested your ability to follow orders. The new one tests your ability to move through the unknown. And the machine can’t help you with that part.
That part is entirely on you.
Interesting thing on pg 30: Magistrate Jennifer Hunt writes that Ohio law requires the Brook Park project to be 'public owned and occupied' in order for unclaimed funds to be taken for public use - but because it won't be, she finds "that the taking here is not for 'public use'"
Tony Gwynn shares what it took to become one of the greatest hitters of all time and how to master the mental game.
"It took me a while to figure it out, but after about 4 or 5 years, I started to realize that this thing was more mental than it was physical."
He didn't figure it out alone.
"Those first 5 years, I had great conversations with a lot of great players. Pete Rose, Willie Stargell, Henry Aaron, Mike Schmidt. I had a chance to sit down and talk to 'em - pick their brain, find out how they do what they do."
The greats learn from the greats. They never stop learning. They never stop wanting to get better.
"After about 4 years, I started to realize that this is more mental than physical. So what I need to do is get an approach that I think will work and then just trust the approach. Trust what you practice on. Trust it."
That's the key. Create the plan then work the plan. And when it's not working, you still trust yourself.
"During the winter, I can hit in a cage and be mechanically sound. But the first time I hit live in spring training, I'll be lucky if I get a ball out of the cage."
"For younger guys, that's a sign of, 'Oh, I'm not getting out of the cage,' so they try to speed things up, do things quicker."
Trust your approach and stay under control. Don't let frustration change who you are.
The game is mental.
The greats know that and they learn how to build a process that works for them.
They adapt as needed, but they learn the art of focus. Focusing on how to master and trust the process.
(🎥Special Collections )
🚨 BREAKING: The Florida House just voted 80–30 to pass a plan to eliminate non-school property taxes on primary homes.
If approved by the Senate and voters in 2026, many homeowners could eventually pay $0 in property taxes.
Florida may have just started a tax revolution.