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“was the recent bounce off $65,650 the bottom?”

“Bitcoin cycle lows are projected for late 2026.”

“So like there was this company, I remember discovering called G Fuel. They figured out that Twitch streamers were undervalued assets. And so what GFuel did was it went to all of them and it ran basically the Nike playbook with streamers. So they would go to the popular streamers, they'd say, hey, we want to develop a flavor just for you, a shaker bottle that's your colors, your branding, and you're gonna get a cut of the affiliate revenue. And they partnered with all the top streamers, which was not that hard to do at the time. And so they went zero to 100 million in sales. And guys like you and I had never heard of them, because they did it just within this gaming bubble.”

“We never keep our entire portfolio on an exchange.”

“Protect your BTC From Taxes”

“And I would say the biggest thing that stood out to me when you were talking was, you talked about paying people more. And this is one of the great asymmetric arbitrages that exists, which is that the person who is truly great is worth somewhere between 10 and 100 times the average person. But they'll never cost 10 to 100 times. In every other industry in all of history, it's like the A plus person versus the B plus person is getting paid 10% more, 30% more, 50% more, even 150% more max, but they're generating 1,000% more of return of work. And so the mindset shift has to be there of like, the whole game is find the best people.”

“So William Randolph Hearst, I think he was born in something like 1860. William Randolph Hearst was a larger-than-life character. So we went to Harvard and kind of took over the clubs system. He convinces his father, Dad, I graduated college. I need something to do. Can we please buy the San Francisco Examiner? But William Randolph Hearst, he realized that he loved newspapers. And so he builds up the examiner a little bit. And what he did was sort of what modern journalism and media is today. Have you heard of this phrase called yellow journalism? So basically, up until like the early 1900s, newspapers were boring. And so William Randolph Hearst, who's this young, charismatic guy, he was like, make the headlines bigger, add photos. And then the phrase, if it bleeds, it leads. It came from that era.”

“I've told my kids that we're going to work together, but in the reverse. So I think most people who build business and become successful, they want their kids to inherit the business, to take over the business. That's not my plan. But what I've been telling them is, I'm gonna work for you. I was like, when I retire, my goal, like I wanna be, I'm gonna work on whatever you're, I'll be your intern, basically. And they're like, but you're gonna have to pay me. And I'm like, okay, I guess I'll pay you then. They're like, you have to pay me 10, $10 bucks, which is what they call money.”

“So, early on, I was working on, like you said, like messaging apps, social media apps, basically. And hey, guess when all the social media apps were made? Between 2004 and 2012. And then I'm, you know, so I'm 10 years late to the party and I'm starting to think about, like, hey, what if I made, like, a place where you could post photos and send videos to each other? It's like, yeah, it's called Snapchat. So the things I was working on was the last waves opportunity. Now, that sounds stupid. Why would you do last waves opportunity? Well, the answer is it's pretty understandable because that's proven to work and I'm trying to, I'm so insecure and like have such a lack of a spine that I'm just gonna go towards what I think might actually work and I'm using what has already worked.”

“Make sure you get blood work before you ever get on gear. If that's something you were looking at doing, I would absolutely recommend a baseline panel. Something that I wish I had. I'm sure many of you guys wish you had is seeing where things were at a baseline. So then if you get on and then something goes awry, you can actually look back and see what went wrong and why.”

“The Rock has officially come off steroids. Now, love him or hate him, this guy is on the top of the charts when it comes to fake naturals. He's right up there with Mike O'Hern. However, the show looks like it's finally coming to an end. He recently found out that he had plaque buildup in his circumflex artery from his decades of gear use. Now, the reason why this plaque buildup can be so fucking dangerous is because it can lead to heart attack, strokes or aneurysms, which is probably why he decided to hop off.”

“So he had half a million subscribers. He was doing videos that were getting a million views, but it wasn't what he wanted as a creator. As like the artist in him was not like, this is it. And he walked away. And I just want to point that out because walking away from that, and then not just walking away from that and trying to build back up to that, but like when you're doing TBPN and you're going live every morning and you don't get to go on vacation because you got to be live every morning and you're dressing up in your suit, you're showing up at the studio, and you look at that number on your live stream and you've got 3,000 people watched today. Do you know how hard that is mentally as a creator who was just seeing that same number on YouTube be 1 million?”

“I've told my kids that we're going to work together, but in the reverse. So I think most people who build business and become successful, they want their kids to inherit the business, to take over the business. That's not my plan. But what I've been telling them is, I'm gonna work for you. I was like, when I retire, my goal, like I wanna be, I'm gonna work on whatever you're, I'll be your intern, basically. And they're like, but you're gonna have to pay me. And I'm like, okay, I guess I'll pay you then. They're like, you have to pay me 10, $10 bucks, which is what they call money.”

“VC needs innovation. The incumbents won't do it. And circa 2005, the concept was founder friendly. If you looked at all the most successful companies, they were founder run all the way to the end. And so the premise was let's give founders back control of their companies and unilaterally support them in building that.”

“So like there was this company, I remember discovering called G Fuel. They figured out that Twitch streamers were undervalued assets. And so what GFuel did was it went to all of them and it ran basically the Nike playbook with streamers. So they would go to the popular streamers, they'd say, hey, we want to develop a flavor just for you, a shaker bottle that's your colors, your branding, and you're gonna get a cut of the affiliate revenue. And they partnered with all the top streamers, which was not that hard to do at the time. And so they went zero to 100 million in sales. And guys like you and I had never heard of them, because they did it just within this gaming bubble.”

“are we seeing a 'bearish flag' formation leading to new yearly lows”

“I believe what they found was that it's not that the clips job, the clips are there to promote the live show. It's that the live show is there to produce the clips, and the clips is the product. And we do this four hour live stream as a farming exercise to just farm 20 great clips a day. And if we do 20 great clips a day and we're on your feed where you're already browsing and where you're hanging out and we give you 10 seconds, 15 seconds, 30 seconds, 40 seconds of entertainment, of insight, of a great sound bite, well, we've done our job. That's the show. The show is this distributed thing, not one central long form thing.”

“Roid rage is not necessarily real, but like, if you are a dick, it'll probably just make you like more of a dick. But Tren in particular, it could kind of like bring you from like neutral to like slightly dick-ish. In general, it's just going to exacerbate like what you kind of already were.”

“Number one was it was just avoiding trends, avoiding the herd, thinking for yourself. Whenever we looked at any companies, Peter always took a very orthogonal view to most people. Instead of just doing a spreadsheet and trying to analyze this investment, why don't we think about why are we even seeing this investment?”

“I believe what they found was that it's not that the clips job, the clips are there to promote the live show. It's that the live show is there to produce the clips, and the clips is the product. And we do this four hour live stream as a farming exercise to just farm 20 great clips a day. And if we do 20 great clips a day and we're on your feed where you're already browsing and where you're hanging out and we give you 10 seconds, 15 seconds, 30 seconds, 40 seconds of entertainment, of insight, of a great sound bite, well, we've done our job. That's the show. The show is this distributed thing, not one central long form thing.”

“So he came to my house about a year ago and he was like, yeah, I'm thinking about putting together a hostile takeover of Take Two Interactive. I'm like, Take Two Interactive? What is that? Is that the, do they make video games? He's like, yeah, they make NBA 2K and they make Grand Theft Auto. And I was like, do you know anything about a hostile, what is a hostile takeover? He's like, yeah, this will be my first. And I was like, you're insane.”

“This one time we were smashing in her car in an empty parking lot, and she asked me why my balls were fucking tiny now, and I got super fucking angry. I looked up and saw her dash cam and thought she was recording me to show Ally. I lost my mind, ripped it off, the windshield, and smashed it on the concrete, telling her if she ever told anyone, I'd fucking kill her, and to shut the fuck up. She started crying and begging me to calm down, and I started to realize what I had just said and told her I was kidding and drove us back to campus.”

“Like the role he played, he was achieving, you know, the representation of a MMA legend who was known for being a sauce fiend, and pre-like juice regulation, and also a guy who's a genetic freak for muscle building and being jacked, probably one of the juiciest guys ever in the sport. And that guy, I, the craziest shit about it is the Rock is doing it in his 50s, playing a guy, well, by the way, like he is representing the role, like a spitting image, of a guy in his 20s who is a phenom on gear, and then the guy who's that guy he's playing is actually nearly the same age as the Rock, I believe, in real life, which is like the weirdest contrast ever.”

“So, I do think this was a pretty poor choice of wardrobe if he didn't want to exaggerate things. It looks like almost potentially like his suit hasn't been even, you know, tailored to his new low of body weight potentially. But the Hawaiian shirt, bro, like, you know, you're going to get lit up by people who don't understand body composition. When you're that lean and you're wearing a baggy shirt, like, prepare to be told that you don't work out anymore.”

“It was really dumb. I think it's really dumb for OpenAI. I think that HubSpot bought a media company, my media company, and it makes sense because they were using it to sell $20,000 a year software, and there's a direct attribution. With OpenAI, they already have a billion users. I don't understand how there's any growth related to this, other than it's just a cool thing to own.”

“I had in grade 11 or 12, this one guy in my, I don't even know what it was, like an IT tech computer class. And this dude went from a two-plate max bench to doing two-sixty-five for like, I don't know, ten, like within months, and gained insane amounts of lean mass quickly. And I was like, fuck, like obviously he knows what he's doing. So I asked the secret and he said, instead of just taking one scoop of saison, which is like the flavored creatine from the Gaspari nutrition, you take two scoops of that.”

“So, early on, I was working on, like you said, like messaging apps, social media apps, basically. And hey, guess when all the social media apps were made? Between 2004 and 2012. And then I'm, you know, so I'm 10 years late to the party and I'm starting to think about, like, hey, what if I made, like, a place where you could post photos and send videos to each other? It's like, yeah, it's called Snapchat. So the things I was working on was the last waves opportunity. Now, that sounds stupid. Why would you do last waves opportunity? Well, the answer is it's pretty understandable because that's proven to work and I'm trying to, I'm so insecure and like have such a lack of a spine that I'm just gonna go towards what I think might actually work and I'm using what has already worked.”

“And I would say the biggest thing that stood out to me when you were talking was, you talked about paying people more. And this is one of the great asymmetric arbitrages that exists, which is that the person who is truly great is worth somewhere between 10 and 100 times the average person. But they'll never cost 10 to 100 times. In every other industry in all of history, it's like the A plus person versus the B plus person is getting paid 10% more, 30% more, 50% more, even 150% more max, but they're generating 1,000% more of return of work. And so the mindset shift has to be there of like, the whole game is find the best people.”

“He was starting to already thinking about this probably even more than he was talking about and probably thinking which companies are doing this well. He was talking a lot about we'd made all this progress in the world of bits, but not in the world of atoms. You could be on your cell phone, and it was interesting. And then you look around, and nothing's changed in fifty years.”

“The leading cause of death in the US is still heart disease. And within that, the subsect of the cause of that heart disease is most often going to be atherosclerosis. So plaque buildup in the arteries. And this is something that manifests early in life, like as early as, you know, like teenage hood, you start to stack plaque in your arteries. And most people are not exempt from this. Even metabolically fit individuals, a lot of them will still have some level of plaque accumulation.”

“I called you. And I said, Doc, listen, here's what I got. I'm not indicting anybody. I'm not throwing anybody under the bus, but what do you think? And here's what their suggestion is. And again, I'll never forget on that Zoom. You went, OK, hold on. Let's not jump to conclusions. I don't want you getting on that right now. Don't get on the medication. There's a couple of steps here, I think, that we can do that could be invaluable. For example, let's get a scan done, but let's get an AI scan done.”

“He is a prominent and outspoken, I suppose, well, he's not really a prominent fake natty, but he has essentially said flat out that he is, you know, doesn't take gear, or is, you know, I think the only admitting he did to anything was, you know, I took something when I was in my teens, and, you know, it was just like a random, like, prohormone or something, and then that was it. And essentially has dodged it for his entire career, if not outright, kind of said in a roundabout way that he doesn't do anything.”

“So he came to my house about a year ago and he was like, yeah, I'm thinking about putting together a hostile takeover of Take Two Interactive. I'm like, Take Two Interactive? What is that? Is that the, do they make video games? He's like, yeah, they make NBA 2K and they make Grand Theft Auto. And I was like, do you know anything about a hostile, what is a hostile takeover? He's like, yeah, this will be my first. And I was like, you're insane.”

“If he is indeed, like, plaque free, as they are suggesting, that would actually put him in, like, a rare, kind of like, probably like a unique, uncommon subsect of the population of, you know, the US., essentially, where he is actually more healthy from a plaque accumulation standpoint or a, you know, atherosclerosis potential standpoint than the majority of people in the country. So the fact, if it is indeed true, like, that's, in my opinion, would kind of lead to the conclusion that he's probably like, huh, I could probably do more of this shit. I could probably, you know, do more of these roles in the future.”

“So for you guys who have never been on, or even the guys who have been on, can attest to, when you first get on, it's like you hit puberty a second time, essentially. And it's interesting because it does not sustain. It's like you have this big burst of hornyness that is like you literally had your balls drop. But it does not sustain.”

“By his account, he's suggesting that he's never had, like, screening done, despite the fact that he is the highest paid athlete, uh, not athlete, uh, actor on the planet, I believe. A guy who is one of the highest paid and one of the most who needs to rely on being, like, a big jacked, probably on hormones guy to be that most paid actor. And yet, at his, in his 50s, he had not even had the screening done. The guy has been exposing himself to huge risks, fluctuating body weights, using significant amounts of hormones, probably, eating 6,000 to 8,000 calories a day, supposedly, which is absolutely not, you know, gonna be healthy for you, ultimately.”

“You can literally get like 80% of the results on trend just by running tests and dialing in your diet slash routine. That extra 20% is not going to seal the deal with any woman and it comes at the cost of your long-term health.”

“General Matter is attacking one of the most interesting bottlenecks in The United States, the enrichment of uranium to create power in nuclear power plants. We don't do any of that in The United States today. We've outsourced it overseas for years. Scott and general matter are seeking to reverse that through the enrichment of uranium here in The United States.”

“So William Randolph Hearst, I think he was born in something like 1860. William Randolph Hearst was a larger-than-life character. So we went to Harvard and kind of took over the clubs system. He convinces his father, Dad, I graduated college. I need something to do. Can we please buy the San Francisco Examiner? But William Randolph Hearst, he realized that he loved newspapers. And so he builds up the examiner a little bit. And what he did was sort of what modern journalism and media is today. Have you heard of this phrase called yellow journalism? So basically, up until like the early 1900s, newspapers were boring. And so William Randolph Hearst, who's this young, charismatic guy, he was like, make the headlines bigger, add photos. And then the phrase, if it bleeds, it leads. It came from that era.”

“Over the weekend, my nipples started hurting a ton and got scared of getting gyne, so I hopped off. That's the sign. You know, once you actually start seeing the cosmetic issues, that's when we get off.”

“So he had half a million subscribers. He was doing videos that were getting a million views, but it wasn't what he wanted as a creator. As like the artist in him was not like, this is it. And he walked away. And I just want to point that out because walking away from that, and then not just walking away from that and trying to build back up to that, but like when you're doing TBPN and you're going live every morning and you don't get to go on vacation because you got to be live every morning and you're dressing up in your suit, you're showing up at the studio, and you look at that number on your live stream and you've got 3,000 people watched today. Do you know how hard that is mentally as a creator who was just seeing that same number on YouTube be 1 million?”

“It was really dumb. I think it's really dumb for OpenAI. I think that HubSpot bought a media company, my media company, and it makes sense because they were using it to sell $20,000 a year software, and there's a direct attribution. With OpenAI, they already have a billion users. I don't understand how there's any growth related to this, other than it's just a cool thing to own.”

“Today roughly a quarter of US enriched uranium comes from Russia, a ban on those imports takes full effect in 2028, and the advanced reactors everyone is counting on to power the next wave of data centers have no reliable domestic fuel source. Scott believes enrichment is the single bottleneck to a nuclear future, and that the window to solve it is narrow.”