Markets

Booming!!!

ATH: 1 year:

IGV up 18% since I bought: BOOM!

Secondary Markets for Private Companies

SPVs and LLCs buying interests with underlying shares in private companies is risky. WSJ article here.
My experience. Risk on, but understand it. Likely cash back, but may not get shares. If cash, taxable.

SalesForce

Mark is All-In on the All-in Podcast on AI.
Play 40.00 Mark talking about the AI power of SalesForce, Slack, etc…
FAR FROM DEAD.

Inspiration from Chamath on Time and Positivity.

Key to winning:

Choose to be positive and grateful. Then, just keep at it. Time is the great compounder and will do the rest. So many people just don’t have the discipline to stay positive and grateful. Then time compounds the bitterness instead.

Same with Finance and Investing.

Tesla

Tesla Berlin Manufacturing Video

Tesla FSD Safety Data.

SpaceX

Launch in a couple of hours!!

IPO update. Allocation. $1.5-2. I’ll bet it goes to 3t.

SpaceX website here.

SpaceX and Anthropic

Deal of $1.5b/ month for access to compute.

AI

Play Jensen Huang on AI Driving Growth

OpenAI Lawsuit.

Basically came down to SoL. Meaning he had 2 or 3 years to file. He knew about and went along with it for quite some time.
Though I am a Musk fan, I agree with the simplicity of this.

AI personal Story

Golf.
Used Claude to interpret all stats and provide thoughts.

Politics

Play Jeff Bezos on doing his job right and his for-profit companies will do more for societal good than any non-profit.
Play. Jeff Bezos on what AI will do for jobs.

Fraud:

Kash Patel on arresting 15 people on Minnesota fraud of $90m
Amy Bach 40+ years in prison. Feeding our Future. Here is another one $250m.

Spencer Pratt