FIX MONEY

“So we created a monthly variable rate preferred stock where the company, the issuer, has the ability to adjust the credit spread, in essence, adjust the dividend rate each month at its discretion. And then we pay the dividend as a cash dividend each month. So what's unique about that? That's the first time in the history of the world, guys, where anyone ever created variable rate preferred stock.”

“They already didn't extend hero and that just continues to be an on-going thing. Jovich didn't pop. Ware is good, but the Ware Bam fit is always going to be... Hawkins is fine. Yakutunis look good, but this core is not winning you anything. They have to know that now. There's no hope for it.”

“You guys remember The Hitchhiker's Guide to the Galaxy? What's on the back of the book? Don't panic. Don't panic. I think that, by the way, that was Douglas Adams, and that was, what, fifty, forty years ago? Very good words. It's okay to consider all these things. It's okay to even study them and think them through. I think that the real the real mistake the fatal mistake to avoid is panicking.”

“What happens if the company can't pay that? Well, by law, you can't pay a dividend on a preferred stock that would create an insolvency event for the issuer. Like, the board has to approve the dividend. So you understand, like, it's literally impossible. It is literally impossible to create an insolvency or to bankrupt an issuer of a preferred stock.”

“That OKC's defense just reminded you that as great as they are in the regular season, they hit the frenzy switch when the playoffs start. And it just is like, what are we even supposed to do? And when you get into that mode, what you end up doing is like, I guess still Brooks is going to take 22 shots. And most of them are going to be like contested, leaning twos on the pick and roll, which is not what you want.”

“This is a guy who just bought the team, Tom Dundon, who spent $4.25 billion on it, and I guess spent all his money on the team, and now wants to cut back on everything else. It's a pretty weird way to start your new ownership. I will say that. Today, the big story was that he didn't pay for the two-way guys to go to the game.”

“Detroit, all the things they do to exert their will and their physicality on everybody else don't work as well against Orlando because Orlando is as big and strong and nasty as the Pistons are. I mean, Detroit, you know, the long layoff, Cade coming back from the collapsed lung, Orlando looked awesome against Charlotte in the last playoff game... super impressive start by them.”

“Oh, I think eventually it's going to 20,000,000, 21,000,000 a coin. I think it's gonna emerge as the dominant digital capital of the world.”

“The real brilliance of the business model is you're acquiring a capital asset that you're holding perpetuity and you're never realizing the capital gain on it. If you pay the dividend by remitting the unrealized capital gain back to the credit investor, the dividend becomes a return of capital dividend, which means it is also tax deferred. So you could be a retiree, collect dividends for ten years, not pay tax, pass it through to your heir. They get a step up and they get ten years of dividends that are also tax deferred.”

“I watched it on social media. And what I saw was a person who was confused and didn't have a lot of conviction in his choice. And I was a little embarrassed by it. I was like, I'm doing gymnastics not to pick Jokic, who is the best player in the league and is the most valuable to his team player in the league... I voted for Joker. I changed my pick.”

“He willingly in the last 30, 40 games of the season took a back seat and now we need you. We're calling on you again to summon everything that you have left in your Lebron number one option tank, even if it might just be playing bully ball in the post and occasionally going out on a fast break. And he's like, yeah, I'll do it. How many minutes? You need 38 tonight in game one? I'll give you 38.”

“I think that the crypto market has really evolved into various segments. Ethereum clearly is the leader in that space right now, and and all of the other proof of stake networks are going to be competing, you know, to tokenize securities and tokenize currencies and the like. I say two years ago, the future was bleak. Now you just gotta you gotta fight for for the best future you can get.”

“So I would say probably the thing that's holding the price back is rehypothecation of the underlying crypto asset in the crypto economy. And the thing that will drive the price to the moon is people stop rehypothecating, and they call like, we call that asset back. We put it in cold storage, and then whoever sold it short has to buy it back, and the price moves north.”

“And the answer is, everybody would just like a bank account that pays them more than the inflation rate. Like, how about give me a bank account that pays me 8%. Right now, your bank pays you zero. You know, what we say tongue in cheek is fix the money. We have a chance, in my opinion, to fix the money for a billion people. Not complicated. Just requires that one not get distracted.”

“Wemby just hasn't edged him. He really just seems like he wants to destroy everybody. It's a pretty great quality for the guy we're pinning our future of the league hopes on. Very Jordan, Kobe. Everyone is my enemy. I'm not here to make friends. I really want to embarrass whoever I'm playing against. You can feel it tonight.”

“Do you know how hard it is to lose an NBA game? Where you take 93 shots and the other team takes 66 shots. You take the same number of free throws... The other team takes 19 three-pointers total in the year of our basketball gods, 2026 And you get 21 offensive rebounds and you lose by nine. That is mathematically improbable and congratulations to the Houston Rockets for pulling it off.”