Every great investor that I've studied comes up with one important big idea in their career. Warren Buffett's big idea was to buy companies and assets for less than they were worth. Masayushi Son's big idea, bet big and bet early on transformative technologies.So what is my one big idea. Well, the government is never ever going to stop printing money. That's it. It really is that simple.If the government never stops printing money, Bitcoin's going to millions of dollars. Gold will keep accelerating towards ...

Investment Strategy - The core investment idea revolves around the expectation that governments will consistently print money, leading to currency debasement [7] - This strategy suggests investing in assets that are sensitive to global liquidity or benefit from currency debasement, such as Bitcoin, gold, and stocks [9] - The expectation is that Bitcoin could reach millions of dollars, gold could accelerate towards $10,000 per ounce, and stocks will continue to rise [8] - Cash and bonds are predicted to be losing trades for long-term holders under this scenario [9] Uranium Enrichment & Nuclear Energy - The United States previously enriched over 90% of the world's uranium during the Cold War, but now produces less than 0.1% and lacks domestic capability to enrich uranium beyond 5% [14] - General Matter, a new company, aims to establish a US-owned, privately developed uranium enrichment facility to address this issue [14] - The goal is to produce fuel for the next generation of nuclear energy and reduce reliance on foreign adversaries for nuclear power, which currently powers 20% of the US grid [14] Central Banking & Geopolitics - Central banking and warfare are closely linked, with the Bank of England established to raise and lend money to the government for war [24] - The establishment of central banks is often associated with the introduction of new taxes [25] - During World War I, key figures in the German central bank (Max Warburg) and the American Federal Reserve (Paul Warburg) were brothers [28][29]

Alex Karp and the team at Palanteer, they have built an insane company. They just reported their Q2 earnings and it was a blowout financial performance. Palanteer drove $1 billion of revenue in a single quarter for the first time in company history.But was even more interesting to me is that the CEO says Palanteer is going to grow their revenues while shrinking their employee headcount moving forward. Now, you know what my favorite part of the Palanteer story is, though. It's the fact that retail investors ...

National Debt & Economy - US national debt is growing at an alarming rate, with interest payments exceeding $1 trillion per year [1][4] - The new economy is outperforming the old economy, driven by currency debasement and rising asset prices [4] Investment Opportunities - The best investment opportunities lie in efficient companies positioned for the future [4] - Investment dollars are flowing towards software and artificial intelligence [3] Business & Wealth - Owning equity in a business is a key path to wealth creation [2] - The top 10 largest companies in the S&P 500 are dominating the remaining 490 smaller companies [3] - The top 10 US companies have driven almost all of the S&P 500's earnings per share growth in the past 2 years [3]

The Tesla board of directors just approved a $30 billion pay package for Elon Musk. And the haters are going absolutely nuts. They hate this.But they're all wrong. And I can prove it to you. Before we talk about why they're wrong, let's first talk about what happened.Elon Musk, the world's greatest entrepreneur, has previously been given a massive incentive package at Tesla. The idea was that Elon would receive tens of billions of dollars in value only if he could substantially increase the share price. Tha ...

Investment Opportunity - The electrification of the world presents a significant investment opportunity due to its simplicity and asymmetry [1] - Energy, AI, chips, data centers, robotics, electric vehicles, and self-driving cars are key areas for investment in this decade, all heavily reliant on electricity [2] Energy Consumption & Technology Trends - Increased energy usage is driven by various technology trends [2] - No developed nation has achieved prosperity without increased power and energy consumption [3] - Innovation in software, hardware, and other entrepreneurial endeavors is driving power demand [4] Market Outlook - Those who capitalize on the electrification trend are likely to succeed [4] - America continues to strive for technology leadership [3]

The US stock market has become an absolute casino and there is nothing that you or I can do about it. Zero head shows that the retail zeroday option trading has about twothirds of all daily option volumes. But to be honest, the fun doesn't stop there.Reports are that we can party like it's 1999. Again, Goldman Sachs nonprofitable tech index, that's up 66% since hitting its low in April. This isn't even that surprising when you realize the fear and greed index that's now measuring extreme greed in the market ...

Housing Market Overview - The housing market is facing challenges, with 2025 projected to be one of the worst years for home sales in the past 30 years [1] - June data indicates weaker than expected performance, with 393 million (3.93% million) sales on an annualized basis [1] - Current sales are down from over 5 million pre-pandemic [1] - Housing affordability remains a significant concern for many Americans [1] Factors Influencing Affordability - Lower mortgage rates could improve affordability, but increased inventory would be even more beneficial [2] - Real wage growth outpacing inflation is a key factor in improving affordability [2] - Local city council regulations are seen as a major obstacle to building more homes [3] Potential Solutions - Reducing regulations to allow home builders to construct more homes could lead to lower prices [3] - Increased housing supply is expected to make homes more affordable and revive the "American dream" [3][4]

Business Model & AI Application - Off Deal is building the world's first AI investment bank, reimagining the financial institution from first principles with a different org chart, compensation structure, and culture [1][2][3] - The company uses a proprietary data layer of 250 data fields on 2500000 (2.5 million) US businesses to identify potential sellers, leveraging AI to create Wall Street-grade decks for every small business owner [5][6] - AI is used to identify potential buyers, draft personalized outreach messages, manage NDAs, and drive productivity in complex workflows, acting as a "digital coworker" [6][7] Value Proposition - Off Deal focuses on deal certainty, better terms, and faster results for sellers, rather than explicitly pitching AI [9][10] - The company aims to create price discovery for small businesses, a multi-trillion dollar private asset class with wide bid-ask spreads [10] - By creating competitive tension among buyers, Off Deal can achieve higher outcomes for business owners, with one example showing a final offer 40% higher than the initial offer [10] Competitive Advantage & Strategy - The company believes that large banks are more likely to procure AI software than build their own, giving startups a shot at displacing incumbents with an AI-first culture [12] - Off Deal's bankers start talking to clients on day one, developing important skills, unlike the traditional investment banking model [12] - The company has a 1:1 ratio of bankers to engineers, fostering a tight feedback loop and high ROI on automation efforts [12] Financials & Compensation - Off Deal charges 5% of enterprise value on a success-only basis, aligning incentives with the business owner [12] - Most of the company's fees are between 500000 (500k) and 1000000 (1 million) dollars, with some sell-side mandates reaching 2000000 (2 million) or 3000000 (3 million) dollars [12] - Bankers receive 20% of the fee, potentially earning 200000 (200k) dollars per deal, and can make 2000000 (2 million) dollars in bonus if they do 10 deals a year [12] Future Vision - The company is exploring semi-automation for smaller transactions involving subscale small businesses, similar to Tesla's approach of scaling manufacturing capabilities [13] - Off Deal believes that human interaction will remain a core component of important life decisions, focusing on building technology around that constant [13] - The company's pitch to small businesses is that it creates a competitive auction among buyers, increasing the probability of selling the business and achieving the best terms and price [13]

Hello everyone. We've got a lot to discuss today. The government data is so bad that it may become a national crisis.Bitcoin and crypto, they can't stop winning, baby. Figma went public and retail investors got screwed like always. Carvana just completed the greatest comeback in Wall Street history.And humanoid robots, they're now doing your laundry. We're live today from the desk of Anthony Pompiano. [Music] All right, ladies and gentlemen, I've got very bad news for us.It is impossible to trust the govern ...