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“And I've said for a long time, I think the NASDAQ and the Dow are two of the worst metrics or most unhealthy metrics ever invented because they give the illusion that people are doing well. And it really is, it's a proxy for earnings and a proxy for the wealth of the top 10%. So what do you have? All right, so, I mean, think about it. If the majority of our markets now are being run by 10 companies that are in the business of AI or online or software, do they care that gas prices are up?”

“I wonder if there's also been a little bit of what I would call the timeline fatigue, where we thought we understood what the story of this war was. And there were all of these different plot points. We strike Iran, we kill the supreme leader, but then the son is appointed. Then Trump says that we've had productive talks and we think that maybe the negotiations are going to go somewhere. Then they don't. Then he says, open the fucking street, you crazy bastards.”

“I just think that it's gotten absolutely destroyed on a valuation basis. And I actually bought it in SaaSpocalypse one. I built up a decent position there. I bought it at around $400. It got battered, continued to get battered. And then last week, I was looking at it, it was $380 and I just doubled my position. I was like, fuck it. As we record this, we're up to $420 per share. So it's risen 10% in literally a matter of days.”

“The only real systemic impact that it will have is on the consumer spending habits of lower income households who, as you said, in the lowest income, spend nearly 20% of their total expenditures on gas. But other than that, it's not gonna hurt the top quintile very much at all. It's also not really gonna hurt tech companies that much. I mean, there was some concern at the beginning that some of the materials that go through the Strait of Hormuz are used for chips, but eventually people started to be a little bit less worried about that.”

“I wonder if there's also been a little bit of what I would call the timeline fatigue, where we thought we understood what the story of this war was. And there were all of these different plot points. We strike Iran, we kill the supreme leader, but then the son is appointed. Then Trump says that we've had productive talks and we think that maybe the negotiations are going to go somewhere. Then they don't. Then he says, open the fucking street, you crazy bastards.”

“I think what you're going to have here is one, there's a huge opening for even a distant number two to SpaceX, and two, the most popular loyalty program in the history of the planet is Amazon Prime. And I think the mission here, what I would be talking about if I were in strategy at Amazon, is we're going to offer a competent phone. It won't be as good as the iPhone, but it will be as good as an Android phone. And with Amazon Prime Plus, you're going to get Wi-Fi, you're going to get blazing fast broadband into your home.”

“I just think that it's gotten absolutely destroyed on a valuation basis. And I actually bought it in SaaSpocalypse one. I built up a decent position there. I bought it at around $400. It got battered, continued to get battered. And then last week, I was looking at it, it was $380 and I just doubled my position. I was like, fuck it. As we record this, we're up to $420 per share. So it's risen 10% in literally a matter of days.”

“The defining issue of our time is income inequality. And what's so sad about it is the incumbents who benefit from income inequality will weaponize this bullshit notion of complexity and talk about technology and network effects. And at the end of the day, it's just about redistribution of income. And that is stop transferring wealth to corporations and the wealthy. Corporations are paying their lowest taxes since 1929.”

“There are stats like 94 percent of women in CC suite roles played sports in high school or college. Obviously, a lot of incredibly important career skills you learn during sports, teamwork, resilience, leadership under pressure, all of these skills that are incredibly important for being successful in the workplace.”

“And there are one million total industrialized robots under at Amazon, in an Amazon warehouse or somewhere in Amazon infrastructure. The rest of the nation, private companies, has a total of 400,000. And AI was the thing that took is going to help industrialized robotics meet its potential too. They're talking about using AI industrialized robots to not increase their personnel by one person in their biggest business set as Amazon retail.”

“I think what you're going to have here is one, there's a huge opening for even a distant number two to SpaceX, and two, the most popular loyalty program in the history of the planet is Amazon Prime. And I think the mission here, what I would be talking about if I were in strategy at Amazon, is we're going to offer a competent phone. It won't be as good as the iPhone, but it will be as good as an Android phone. And with Amazon Prime Plus, you're going to get Wi-Fi, you're going to get blazing fast broadband into your home.”

“And there are one million total industrialized robots under at Amazon, in an Amazon warehouse or somewhere in Amazon infrastructure. The rest of the nation, private companies, has a total of 400,000. And AI was the thing that took is going to help industrialized robotics meet its potential too. They're talking about using AI industrialized robots to not increase their personnel by one person in their biggest business set as Amazon retail.”

“Like some of the growth as far as like, like the salary cap, for example, for the average WNBA team before this year, before 2026 was 1.5 million. That's like how much the team can spend on salaries. It is now 7 million in one year. And that's supposed to increase dramatically over the next several years of this agreement. That's just year one.”

“When I was a kid, I was a serious athlete. I was a springboard diver, and I had female springboard divers that I looked up to, but I only watched men on TV. I grew up in Boston. I watched the Patriots, the Bruins, the Red Sox. I never saw women athletes on TV except for every four years in the Olympic cycle.”

“I ended up getting a call from my old diving coach and he said, hey, they're looking for Division I, NCAA and Olympic trial level divers for this aquatic show on a cruise ship, to which I immediately said, that's ridiculous. I have a business degree now. I'm a big deal. I'm not going to do that. And then two months later, when I couldn't find a job, I called him back and said, sure, I'll do whatever that is. And so I ended up working and living on a cruise ship for three years... And honestly, it changed my life because I was able to save a lot of money while working on the cruise ship because I didn't have any living expenses. And that's how I started to invest in real estate and the stock market.”

“Eileen Gu is a freestyle skier. She has competed in the past for the United States, but she has direct Chinese heritage. And so in this Olympics, she was competing for China. And a lot of people criticize that decision... The point that I made is that regardless of how you feel about which country she chooses to compete for, really important to note that China pays their athletes way better than the United States and the amount of brand deals and sponsorships she has gotten far surpass what she likely would have gotten in the United States.”

“I think the women's soccer team just signed a four-year media rights deal worth like $240 million, which is 40 times more than their previous contract. 40 times more. These are like huge numbers. Talk about an investment.”

“But then at the same time, the costs are up 46% since 2019 to 2025 The cost to put your kid in sports is up 46% faster than inflation. And so the challenge now is, how do we reconcile the fact that you need access, and on average, families are spending $1,500 a year per kid per primary sport.”

“And I've said for a long time, I think the NASDAQ and the Dow are two of the worst metrics or most unhealthy metrics ever invented because they give the illusion that people are doing well. And it really is, it's a proxy for earnings and a proxy for the wealth of the top 10%. So what do you have? All right, so, I mean, think about it. If the majority of our markets now are being run by 10 companies that are in the business of AI or online or software, do they care that gas prices are up?”

“The only real systemic impact that it will have is on the consumer spending habits of lower income households who, as you said, in the lowest income, spend nearly 20% of their total expenditures on gas. But other than that, it's not gonna hurt the top quintile very much at all. It's also not really gonna hurt tech companies that much. I mean, there was some concern at the beginning that some of the materials that go through the Strait of Hormuz are used for chips, but eventually people started to be a little bit less worried about that.”

“There are Olympic athletes competing for the US that are making less than 15 grand a year. When you medal as an American, you make less than 30 grand a year and then it's taxed. So there's this big money conversation around her decision.”

“Fourteen states now have active bills proposing restrictions or outright bans. So, Scott, this is something I wrote about in my newsletter about two months ago, this idea that the biggest obstacle to AI isn't energy, it isn't compute capacity, it's its own popularity. Since I wrote that, some crazy things have happened. There were the attacks on the councilman's house. He supported a data center. Someone shot at his house thirteen times and they left a sign that says no data centers.”

“The defining issue of our time is income inequality. And what's so sad about it is the incumbents who benefit from income inequality will weaponize this bullshit notion of complexity and talk about technology and network effects. And at the end of the day, it's just about redistribution of income. And that is stop transferring wealth to corporations and the wealthy. Corporations are paying their lowest taxes since 1929.”

“Fourteen states now have active bills proposing restrictions or outright bans. So, Scott, this is something I wrote about in my newsletter about two months ago, this idea that the biggest obstacle to AI isn't energy, it isn't compute capacity, it's its own popularity. Since I wrote that, some crazy things have happened. There were the attacks on the councilman's house. He supported a data center. Someone shot at his house thirteen times and they left a sign that says no data centers.”