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“I'm concerned for him that it's serious. I'd be more concerned about one Martin Del Potro, probably, because he had a wrist injury that changed his entire career and he still managed to get something out of it. There has to be a chance as well that it's something that they've got to be very, very careful with.”

“But going there and having to perform for people who don't speak English necessarily, or don't understand your reference base at all Yeah. That taught me how to, I think, like, be bigger and kind of perform for for the masses.”

“We also noticed that the Russians' activity along with China on Taiwan increases dramatically in the last years. So that if the Russians prevail in its plan on Ukraine, at that time when China decided to attack Taiwan, we are going to face not just one country, like China, but the probably the Russians' involvement, whether directly or indirectly, that's going to be there. So that's double worry for us.”

“Perhaps Matt Stafford had something to do with it. Perhaps he and McVay are having dinner in the off season, and maybe Stafford said, I'm gonna do it one more year. The one thing about Simpson, he can do the two things that McVay likes. He has a football mind. He can handle all of it, and he can make all the throws.”

“And if we measure this in daily candles, this candle, all the way until we finally put a lower low in, was seventy one days. Seventy one days we were in this bear flag formation, not including the pole. Well, let me go back to the old bear market. This was seventy one days... So essentially, the same amount of time.”

“He's not going to have to beat Carlos Alcaraz to win this French Open. But the way Carlos Alcaraz has forced him to develop his game might end up also helping him win the French Open. And I think that's kind of interesting in the way that these rivals are just always impacting each other, even when they're not actually facing each other.”

“Look at Benioff, he's the founder of the company. He's run this thing since its founding decades ago. He is willing to bet it all, he's willing to make the change. It may be that the index you buy in this era of AI transformation is the index of founders, that the founders who are still running their businesses are going to be the ones who are most likely to see the future. They'll burn the boats. And all of the guys who have hired managers to run the business are going to do the things that Chamath is talking about, which is try and charge fees and try and maintain the old way of doing things as opposed to reinvent for the new future.”

“The talk here is already, this is going to be the next player, the next French player to win at Roland Garros. He beat Jean-Munar, five sets, drama, agita. And the way he has come back and recovered in one on service, beating Rubelv on Clay, he hits a huge ball, but he also gives himself some margin. If you were going to pick someone other than Sidor Alcaraz were going to win Roland Garros, I'd put him in my top five right now.”

“I'm very proud because, there there are tokenized, stocks that are out there, and the most, active tokenized stock today is not Tesla. It's it's not the S and P index. It's actually Circle. So that was cool to see. We also, you know, have seen this growth in, like, tokenized money markets. So basically, like, on chain treasury bills, we actually operate the largest tokenized treasury, product called USYC.”

“I can safely say that we have the most intense testing in all of sports. Mhmm. I love being able to say that. Like, I like it. Is that worth an hour of my day when I was on tour? Yes. Do I do I think, and I don't know this, do I think that most of players want that peace of mind even if it's a complete and total invasion of privacy, pain in the ass? I was fine being inconvenienced to have the feeling of a cleaner sport. So we got a new poll question this week coming off the news of Alcaraz.”

“I just have this increasing anxiety about the strain on these athletes' bodies and this feeling of the canister, you know, and the canister not covering a full tennis season. You've got to be making difficult choices. And I know that Artifeez's David had eight months of saving up canister. But I don't know, like I'm suddenly like everybody just wrap yourselves in cotton wool.”

“The majority ruled that Bachman couldn't bring her counterclaim because there is no common law duty obliging a casino operator to refrain from attempting to entice or contact gamblers that it knows or should know are compulsive gamblers, unquote. In other words, it's perfectly legal for Caesars to target an addicted gambler like Angie Bachman. It might be wrong, but it's legal.”

“In that world, we need a different infrastructure for the financial intermediation layers. Why? Well, we don't have an infrastructure that can support that. We don't have an infrastructure that can, work globally, interoperably, instantly, that can be, programmed, through software layers by arbitrary pieces of software that doesn't exist. We need an infrastructure where the agents themselves can, dynamically create and spin up, different kind of financial endpoints themselves. We need transactions that can scale potentially into the, you know, billions or trillions of transactions.”

“Ben Shelton coming through. First American man since 2002 to win a 500 level event or better. Ben won on slow clay in Munich. I was really impressed. I like what I saw. On tour, this is a different win. This is like, oh, OK. This is a nice win. Like, we say statement too much, but this is at least kind of, may I have your attention for 12 seconds while you're eating lunch?”

“I had experiences of losing people in my life to traffic accidents, and I felt we lost over the million people in the world to traffic accidents. Wouldn't it be amazing if Dabok invented something that would save a million lives a year.”

“We have two flags right here. There's the flag pennant, the bear flag pennant. Here's the bear flag. And we can go ahead and measure these. What do you know? A thirteen day formation and a thirteen day formation. And so I don't know if this is chartists that are watching these bear flags and, you know, maybe measuring, like, alright. I I expect a breakout around seventy days because we saw seventy days here.”

“They then took that piclorum exposure, and then they looked at all the counties across the United States. They were able to gather data where there's enough data in California, Connecticut, Georgia, Iowa, New Mexico, Utah, Washington, and they were able to look at piclorum use estimates from the Pesticide National Synthesis Project and try and deduce in places where piclorum was highly used and not highly used, and once again, it elucidated signal, which is that when piclorum was used in the environment in the counties more frequently, there was a much higher frequency of colon cancer in those counties. The odds ratio is like 3X. It's very strong.”

“The way that the Saudi Investment Fund has gone about putting money into tennis is the opposite of what they did with live. I feel like this is a correction on strategy based on what they did with live. They are not going against the tours. Everyone's swimming the same direction and they're trying to provide resources to that direction. They are not overpaying for assets like a Masters 1000, it's not by a multiple of 47 like they were for live golfers.”

“Basically, I mean, it sounds like, I don't want to diagnose this, you know, it's not like someone knocked on her door, she had a panic attack, she didn't realize that it was an anti-doping official, she missed the test. The ITIA essentially confirmed in broad strokes what had happened. Now we'll have to see. She's facing potentially a four-year ban, which is a lot for a missed test.”

“President Trump just wants the country to win and be successful. And he doesn't have these like doomer neuroses about it. That's not to say we don't support any regulation at all, but we should have specific solutions for specific problems as opposed to being cowering in fear over this and just trying to halt all progress. And I think a really good example of that was his idea around data centers where he said over a year ago, before data centers even became a hot political topic, that we should let our AI companies stand up their own power generation behind the meter. And that's a much better approach than the Bernie Sanders approach of just shutting everything down.”

“I had my left wrist one time, injury. I dove on a match point against Illinois in a long match there, and I landed on my wrist. And so I played the semifinal there against Schutler with basically a chip backhand, and I couldn't I I didn't really do much. It it came back. It wasn't anything that cost me any amount of time, but I think I had to pull out of maybe one event, missed three or four weeks, but it certainly wasn't on the right wrist, and it wasn't because of there there's a difference between, like, if you land on a wrist and you bruise it versus, like, your stroke production is grinding your wrist in a certain way that you can't get away from, which is which is very different. Mine was I landed. There was an injury. It wasn't based on the way I was hitting the ball like a team or maybe a one more team where, you know, your body just couldn't take that extreme stroke production.”

“In time, their trust in each other began to fray, and suspicions that some of the members were stealing grew. One player lost big one night and phoned a lot of the other players. He was hysterical that he had cost the team so much. But their reaction? That he'd probably hadn't lost, but was stealing. Ben, the founder of the group, told me about one time when a team member claimed that he'd never even contemplated stealing. That struck Ben as unusual, and he immediately began suspecting that player of stealing.”

“We're looking at the evolution of Chinese policy towards Taiwan. Although China always said that their policy has been very consistent on Taiwan, like they are for the unification. But during the Hu Jintao era, basically China, the focus is on preventing Taiwan from declaring independence. But in the Xi Jinping era, the whole focus is bring Taiwan in, whether Taiwan like it or not, even though time does not declare independence. So Xi Jinping is more for unification and at my own speed.”

“On Tim Cook's retirement, he had an incredible run as CEO of Apple. He ran it very effectively for 15 years. The market cap of the company went up by over 10x. The revenue grew from roughly 100 billion a year to over 400 billion a year. He also improved the quality of revenue by moving the mix into services. People say that, well, they never did any innovation under Tim Cook. But I've seen people tweet lists of products that were released under him. And there were a lot of them. Now, it's true, nothing as big as the iPhone. But they did release a lot of products under Tim Cook. And then just finally, I mean, you look back over the last 15 years and there really weren't any public snafus or scandals or imbroglios with Apple.”

“The Iran war which Donald Trump caused for no reason. He caused it. Why did he cause it? He caused it because Netanyahu told him to, tricked him into it basically. There is no other reason for this war. The idea was that the Iranians might someday make nukes. There are a lot of people who might someday make nukes. That is not the reason to go to war with them.”

“Four point eight million Americans drive for a living. It's one of the most common jobs we have, and these workers do not plan to surrender to the California tech companies. They're doing this because they stand to make an unfathomable amount of money if they eliminate driving jobs for working class of people. These drivers are represented by unions backed by politicians and in cities across America blue cities. They're organizing. So far they're winning.”

“I just have this increasing anxiety about the strain on these athletes' bodies and this feeling of the canister, you know, and the canister not covering a full tennis season. You've got to be making difficult choices. And I know that Artifeez's David had eight months of saving up canister. But I don't know, like I'm suddenly like everybody just wrap yourselves in cotton wool.”

“In the 1930s, there was a really big debate about, like, what's the right construct for the banking system and the financial system. And, there was a a proposal from a group of economists, called the Chicago Plan, and, the kind of ringleader was a Chicago economist. Actually, it might have been a Yale economist or Princeton at the time, but, Irving Fisher, who wrote a book called A Hundred Percent Money. And that idea was that full reserve money was essentially, you know, government obligation money. So you have kind of a full reserve, and you can only lend full reserve money.”

“Right now, the thesis is playing out, just we haven't seen it start falling yet. But when I see the similarities of these bear flags and these bear flags, makes me think that maybe that was the bottom. And, you know, if you wanna talk about similarities, look at the similarities of the market right here, 2020 and 2021. You just kinda move this over. I mean, there there's already a lot of similarities in this market.”

“There are those now in this current administration who would be happy enough to sell off those lands to the highest bidder and make some other kind of use of them. But in Colorado, we love our outdoors. We love our beautiful natural environment. It's what drives millions of visitors to our state every year and helps maintain a wonderful quality of life for Coloradans.”

“Look at Benioff, he's the founder of the company. He's run this thing since its founding decades ago. He is willing to bet it all, he's willing to make the change. It may be that the index you buy in this era of AI transformation is the index of founders, that the founders who are still running their businesses are going to be the ones who are most likely to see the future. They'll burn the boats. And all of the guys who have hired managers to run the business are going to do the things that Chamath is talking about, which is try and charge fees and try and maintain the old way of doing things as opposed to reinvent for the new future.”

“The acquisition was essentially negotiated, and the way that it's structured is so that the S1 doesn't go stale. So I think the way that it was announced has more to do with the fact that they don't want to slow down and have to rewrite parts of the S1, have to redo the disclosures, have to redo the risks. So I think what you're going to see is that this will get done. In fact, the deal is effectively done. But what's so smart is that where is SpaceX today? Let's call it a trillion. Where could it be? Just for the purpose of this argument, let's say two trillion. So when the deal gets done on a stock for stock basis, it's going to be, again, if it's $60 billion in tomorrow dollars, effectively Elon's gotten a 50% discount.”

“I do think there is a not unlikely scenario where Jannik Sinner cruises to this title, and that will feel... I wouldn't consider it an asterisk at all, but it certainly would be, you know, people would remember Carlos Alcaraz wasn't there. And that would be a shame for Jannik Sinner.”

“I really believe in match count and I really believe in getting confidence and getting better. I feel like I get so much better when I'm playing matches. If it's at a 35K or if it's at a Grand Slam, you're improving so much when you play matches. I'd rather take a semis or final at a lower level event than a second round at a higher event.”

“When Andrew asked him about large companies such as Apple and Amazon that have haven't sought tariff reimbursement because they were worried about offending the president, Andrew very smartly asked, would you find it offensive for them to try and collect a refund? And Trump said, I think it's brilliant if they don't do that. Actually, I think if they don't do it, they got to know me very well. I'm very honored by what you said. If they don't do it, I'll remember them.”

“The main difference in their approach is how quickly they want to move. Anthony is very okay with risk. He gets one of these cars and he's driving it back, and he lives in Berkeley, works in Palauto. He's just using this car like the Bay Bridge every day, probably outside the bounds of what the team actually wanted, and he's not necessarily logging data. He's just enjoying his self driving car and taking it all over the place.”

“Yeah, I think the second Trump administration, what we learned so far is that it's very different from the first Trump administration, that all the assumption that we have about the first Trump administration probably will no longer apply for the second Trump administration. And when we look at the National Security Strategy, we do find that there's a reordering about the priority, especially on the foreign affairs, and it is more focused on the domestic as well as the Western Hemisphere.”

“I would love Arkansas to tell us why other sports are losing more money and tennis gets cut. That's a very, very, very, like... we've made it a free market. We've made made it basically, we've made it acting inside of the bounds of of capitalism where if you have someone generating money and your sport's not... It's simply if we vote for this thing where people get paid, you can't act shocked when capitalism happens. Like, that's not we're not like, oh my god. How do how could we ever have figured this out? Well, when something's profitable, and I call these universities companies now because that's basically what they are.”

“Proof of work, obviously, it was itself an innovation and and sort of, essentially, like, the exhaust of the proof of work of Bitcoin is is just, like, the exhaust of energy consumption. And so it doesn't actually in some ways, it's waste in in a sense. The the energy is is waste. And and so I think the idea of, essentially, like, inference compute, as GPU, inference compute as proof of work. And so the work itself is the inference, and, that as the underlying basis for proof of work, cryptocurrency is pretty interesting, and would would be, you know, potentially something that could align with the kind of monetary principles of something like Bitcoin but actually, be productive, productive proof of work.”

“I love what the giants did because the giants now, they could probably trade Thibodeaux. They they might do that, but they have Burns, Abdul Carter, and Arvel Reese. And then they got an offensive lineman to hopefully protect Jackson Dart. So, yeah, I like what the Giants did.”

“After Bachman lost a quarter of $1,000,000 in one night at the casino in Council Bluffs, the phone calls began. It probably went from a couple of times a week to five times a week from various casino hosts, throughout the country, really. I have been assigned to be your casino host here in Kansas City, and I was just calling. I noticed that you haven't been in for a while. And that you had a birthday coming up. So I was calling to invite you to come to Kansas City to celebrate your birthday.”

“In pathological gamblers, the same regions that are activated for wins are also activated for near misses. And so these include regions such as the amygdala, which is a a region involved in emotional processing, as well as parts of the brain stem, which are involved in reward and and dopamine function, which is part of the reward system. So the pathological gamblers are are seeing, or their brains at least are responding to these near misses in the same way that they respond to wins.”

“It's not a complicated thing. You don't need a great memory. You don't need to know how many queens are left in the deck. You just need to know that one number. And when that one number when your running tally gets up to seven or eight or nine, it means that there are lots of aces and tens left in the deck. So it's good for you. Right? It's really, really good for you. And that is the time that you wanna start to bet big.”

“Everyone is going to want to be in that bottom half of the men's draw, because it will feel so open, you know, even if Zverev and Djokovic are both down there. I still think that people like a Fees or a Muzetti or, you know, even you can branch out further... everyone basically is going to fancy their chances.”

“This is Colorado's 8th Congressional District. It is the only purple district in the state of Colorado. Donald Trump beat Kamala Harris by two points in the 2024 election. This is a new district that was drawn for Colorado after the last census. So it remains very much in play.”

“The acquisition was essentially negotiated, and the way that it's structured is so that the S1 doesn't go stale. So I think the way that it was announced has more to do with the fact that they don't want to slow down and have to rewrite parts of the S1, have to redo the disclosures, have to redo the risks. So I think what you're going to see is that this will get done. In fact, the deal is effectively done. But what's so smart is that where is SpaceX today? Let's call it a trillion. Where could it be? Just for the purpose of this argument, let's say two trillion. So when the deal gets done on a stock for stock basis, it's going to be, again, if it's $60 billion in tomorrow dollars, effectively Elon's gotten a 50% discount.”

“This is kind of a stark reminder of the fragility of a big two in men's tennis, because you lose one of them and suddenly the whole feel of that tournament feels different, for example, to when we used to lose one of the big three, for example, because you still had two of them.”

“President Trump just wants the country to win and be successful. And he doesn't have these like doomer neuroses about it. That's not to say we don't support any regulation at all, but we should have specific solutions for specific problems as opposed to being cowering in fear over this and just trying to halt all progress. And I think a really good example of that was his idea around data centers where he said over a year ago, before data centers even became a hot political topic, that we should let our AI companies stand up their own power generation behind the meter. And that's a much better approach than the Bernie Sanders approach of just shutting everything down.”

“Yeah, first talk about the cyber, right? Taiwan experienced like basically the warlike situation by China on Taiwan about the cyber attack. In year 2004, the average daily attack by China on Taiwan, daily, we have about 2.4 million attacks every day by China in the cybers. And then last year, it had been slowly upgraded to 2.63 million attacks a day.”

“The underlying problem is that these businesses in the SaaS space where you're driven by net new sales every year, how many new customers are you signing up and then you're trying to manage retention and you're trying to increase sell-through and retain customers, they're just having a really hard time sourcing new customers and there's probably higher than model attrition. When you have a very kind of typically historically predictable business, where you can say, hey, I've got a net revenue retention of 118% or what have you, meaning I'm selling into my install base by 18% over what I'm making last year and then I'm signing up new customers, you can lever that business, right? You can borrow money against those cash flows because it becomes predictable. And what's happened in the last year in particular is agents have become so good and so fast and so cheap that many enterprises can simply spin up an alternative to a vertical SaaS solution.”

“This is kind of a stark reminder of the fragility of a big two in men's tennis, because you lose one of them and suddenly the whole feel of that tournament feels different, for example, to when we used to lose one of the big three, for example, because you still had two of them.”

“Corey Goff got into the Good. Got into the replies, which I think it's since been deleted. But he wrote, I got time today. I guess you didn't see throwing up in the garbage with your egg head. It's so stupid. Like I love that he's defending his daughter. Go feed the trolls, man. Great dad. Like, what but also but also, like, online idiocy is sometimes Yeah. Undefeated. Like, there's a lot of great like, memes are great. There's there's a lot of value. Right? But, also, what has Coco done to ever make us think that she's gonna, like, grandstand on, like, an injury?”

“We're gonna continue to monitor this breakout. I am expecting a lot of resistance around 85 k. That's gonna be the bottom of this range right here. But, you know, I I did make the prediction. I think Bitcoin goes to 80 k, and then we do one more flush towards 60 k, maybe even dipping into the fifties.”

“The underlying problem is that these businesses in the SaaS space where you're driven by net new sales every year, how many new customers are you signing up and then you're trying to manage retention and you're trying to increase sell-through and retain customers, they're just having a really hard time sourcing new customers and there's probably higher than model attrition. When you have a very kind of typically historically predictable business, where you can say, hey, I've got a net revenue retention of 118% or what have you, meaning I'm selling into my install base by 18% over what I'm making last year and then I'm signing up new customers, you can lever that business, right? You can borrow money against those cash flows because it becomes predictable. And what's happened in the last year in particular is agents have become so good and so fast and so cheap that many enterprises can simply spin up an alternative to a vertical SaaS solution.”

“They then took that piclorum exposure, and then they looked at all the counties across the United States. They were able to gather data where there's enough data in California, Connecticut, Georgia, Iowa, New Mexico, Utah, Washington, and they were able to look at piclorum use estimates from the Pesticide National Synthesis Project and try and deduce in places where piclorum was highly used and not highly used, and once again, it elucidated signal, which is that when piclorum was used in the environment in the counties more frequently, there was a much higher frequency of colon cancer in those counties. The odds ratio is like 3X. It's very strong.”

“But then before the Zhang Youxia's downfall several weeks ago, what we do see, what we thought that is that Zhang Youxia seems to be the person that will be immune from those. But it seems that Xi Jinping just cannot stand with a person that could be powerful or could be potentially challenging his role about the PLA. So I think that about the Zhang Youxia, it's more about how Xi Ming feel that whether Zhang Youxia is threatening his positions or Zhang Youxia overstepped the authority of the PLA.”

“I've got a beer on the go, because I was supposed to be at the pub right now, but instead I'm here forming a healing circle with my favorite people, David Law and Matt Roberts, following the news that Carlos Alcaraz, the defending champion, has withdrawn not only from Rome, but also from Roland Garros.”

“He did do a press conference, talked about family, owning up to his actions, and that he's gonna put family first. But he owns up to his his actions. As we all we all should. To own up to our actions. Yeah. But family family, my biggest takeaway was it was family comes first and then football.”

“Weimos says, and I think this is correct, that it's roughly eighty brass safer in terms of crashes are severe enough to turn down an airbag. Crashes severe enough to cause an injury, and also crashes involving vulnerable road users like pedestrians or bicyclists. So far it's been better than human drivers, and so far, I think the case for allowing them they continue. The experiment is very strong.”

“it should start as the show wants to do x, y, and z. So let's go out and buy the necessary supplies, curiosities, whatever it is so that we can make that happen, so we can execute on it.”

“The SPLC allegedly did fund $270,000 to help plan Charlottesville. In addition to that, they secretly funneled more than $3 million to a bunch of violent racist extremist groups, including the Ku Klux Klan, the American Nazi Party, Aryan Nation, United Clans of America, and it goes on from there. So I think, don't forget about the $3 million bucks. So this group that was supposed to be fighting racism, in fact, was fomenting racism by paying these groups to basically organize protests that SPLC could then point to and say that America has a huge racism problem. And that's basically what happened after Charlottesville. They increased the amount of money that they were able to fundraise by $81 million.”

“Ken Martin has really one job, which is to raise money for the DNC. And so the fact that they have negative $4.4 million means that he's not raising money for the DNC. You know, you have more of an ideological problem with him. I don't think his job is ideological. I think his job is cash-raisey.”

“The SPLC allegedly did fund $270,000 to help plan Charlottesville. In addition to that, they secretly funneled more than $3 million to a bunch of violent racist extremist groups, including the Ku Klux Klan, the American Nazi Party, Aryan Nation, United Clans of America, and it goes on from there. So I think, don't forget about the $3 million bucks. So this group that was supposed to be fighting racism, in fact, was fomenting racism by paying these groups to basically organize protests that SPLC could then point to and say that America has a huge racism problem. And that's basically what happened after Charlottesville. They increased the amount of money that they were able to fundraise by $81 million.”

“The underlying problem is that these businesses in the SaaS space where you're driven by net new sales every year, how many new customers are you signing up and then you're trying to manage retention and you're trying to increase sell-through and retain customers, they're just having a really hard time sourcing new customers and there's probably higher than model attrition. When you have a very kind of typically historically predictable business, where you can say, hey, I've got a net revenue retention of 118% or what have you, meaning I'm selling into my install base by 18% over what I'm making last year and then I'm signing up new customers, you can lever that business, right? You can borrow money against those cash flows because it becomes predictable. And what's happened in the last year in particular is agents have become so good and so fast and so cheap that many enterprises can simply spin up an alternative to a vertical SaaS solution.”

“Blockchains are operating systems, and they have compute engines. They have virtual machines, and you can write Turing complete code. You can write software that runs on these, but there's some really key attributes that make them different. So the the first is that the code is is sort of tamper resistant. The second is it's perfectly auditable. You can audit every single input and output of that machine, of that code in real time.”

“I think people see what they want in the part. And, it's really based a lot off of my friend Eric Byers, who's an executive at Universal, except for he doesn't do drugs and is very responsible. Right. But, they love the, some of them love they they they the work isn't exciting, making the movie's exciting, but they wanna where are we going to dinner afterwards? And that's, like, my cornerstone of, like, where are we gonna go to dinner?”

“He's not going to have to beat Carlos Alcaraz to win this French Open. But the way Carlos Alcaraz has forced him to develop his game might end up also helping him win the French Open. And I think that's kind of interesting in the way that these rivals are just always impacting each other, even when they're not actually facing each other.”

“They then took that piclorum exposure, and then they looked at all the counties across the United States. They were able to gather data where there's enough data in California, Connecticut, Georgia, Iowa, New Mexico, Utah, Washington, and they were able to look at piclorum use estimates from the Pesticide National Synthesis Project and try and deduce in places where piclorum was highly used and not highly used, and once again, it elucidated signal, which is that when piclorum was used in the environment in the counties more frequently, there was a much higher frequency of colon cancer in those counties. The odds ratio is like 3X. It's very strong.”

“I hate to say we can predict the future, but if you go back to last week's episode, what did I say the stadium looked like? Oh. What did I say it looked like? You said it looked like a Chipotle. It the stadium, Kahamajika looks like the inside of a Chipotle restaurant. People getting sick from tacos. I don't know. Get your get your hats. Get your tinfoil hats out. Just saying.”

“And a good example, I was just meeting with a small business owner. They own a small restaurant in the district. And they had said, because of immigration enforcement in the area, and of course, around the state more generally, they're seeing not only employees who are afraid to come to work, but about a 40% decrease in their customer traffic. People are afraid to even go out to eat.”

“I'm concerned for him that it's serious. I'd be more concerned about one Martin Del Potro, probably, because he had a wrist injury that changed his entire career and he still managed to get something out of it. There has to be a chance as well that it's something that they've got to be very, very careful with.”

“Bitcoin's bear flag is telling us everything, including an important clue into where Bitcoin is heading. These bear flags have very predictable patterns. And don't take my word for it. We can verify this in the charts. So let me go ahead and show you what I'm talking about. We're gonna be talking about this bear flag and its potential breakout and how this bear flag is giving us an important clue into where we're gonna be heading.”

“Now I say this all the time, bear market bottoms for Bitcoin are always ended with a failed bear flag. And you can see the failed bear flag right here. We have the flag pole. We have the flag formation. Kinda started to go low. We're still in the range, and then boom, it just off into the races. And so this was a failed bear flag that ended up marking the bottom.”

“Harrah's knew how to track each gambler's habits through total rewards cards that each gambler, including Bachman, would use throughout the casino. And that told the company exactly how much money each player spent, on which games, and at what frequency. The company would then use that information to tell them exactly what kinds of perks and rewards would keep certain gamblers coming back, and at exactly what juncture to offer those perks and rewards.”

“I have an obsession lately that I wanna talk about. Yeah. Which is, rappers that, have agreed to do a soundtrack for a major motion picture, and then they have to rap about the movie and kind of get bogged down on the plot of the movie.”

“It's must win Saturday. Win. You lose, it series might as well be over. They came out super flat. Mikhail Bridges, twenty twenty one minutes, zero points. I don't know if it's coaching. I don't know if it's he feels like he has to do too much, but I they're gonna be just fine.”

“On Tim Cook's retirement, he had an incredible run as CEO of Apple. He ran it very effectively for 15 years. The market cap of the company went up by over 10x. The revenue grew from roughly 100 billion a year to over 400 billion a year. He also improved the quality of revenue by moving the mix into services. People say that, well, they never did any innovation under Tim Cook. But I've seen people tweet lists of products that were released under him. And there were a lot of them. Now, it's true, nothing as big as the iPhone. But they did release a lot of products under Tim Cook. And then just finally, I mean, you look back over the last 15 years and there really weren't any public snafus or scandals or imbroglios with Apple.”

“There's people who played long in this NBA and in in sports, but there's not a lot of people who are still able to carry your organization at 41 years old. So that's a big difference. What he's doing is is unbelievable, and it's just a testament to who he is, man, and taking care of his body. That shit is hard to do.”

“The acquisition was essentially negotiated, and the way that it's structured is so that the S1 doesn't go stale. So I think the way that it was announced has more to do with the fact that they don't want to slow down and have to rewrite parts of the S1, have to redo the disclosures, have to redo the risks. So I think what you're going to see is that this will get done. In fact, the deal is effectively done. But what's so smart is that where is SpaceX today? Let's call it a trillion. Where could it be? Just for the purpose of this argument, let's say two trillion. So when the deal gets done on a stock for stock basis, it's going to be, again, if it's $60 billion in tomorrow dollars, effectively Elon's gotten a 50% discount.”

“I wanted to figure out a fun podcast, and I I just couldn't think of, like, a fun hook. And then I was like, oh my god. What if I just wrote trivia questions for my friends? I write the trivia. Oh, I write the trivia. Not because not for me. I have a producer who writes the questions for me, so I don't see the questions on our system.”

“You are a Jeopardy Celebrity Jeopardy champ. Yes. You won a million dollars for charity Yes. Of which I'm told you took $600,000.”

“Tony Tether, who had been a door to door salesman in his use definitely has that flare in that way of thinking, says, let's have a contest. Let's see who can put all of these ingredients that we've developed together into a proper self driving car. His original idea is we'll drive him down the Las Vegas Strip that's almost immediately next because it's insane.”

“She's in this number one conversation for the year, folks. I'm just telling you, she is firmly... She's not having a lot of off weeks. This consistency over a four or five month period is not something we've seen from Rybakina before. This feels different than what it's been before with her in as far as I can tell.”

“But when we look at the invasion capability of the PLA, we do not think that before year 2027, they could have that capability because they just do not have the kind of projection capability as well as the air and the sea lift capacity that's necessary for the amphibious operation against Taiwan. However, about the PLA capability, we do think that should they want to launch the blockade, they probably will be able to do that. And as well as the quarantine operation.”

“I saw that all the teams treated this like a hardware problem. They looked at this and say, we have to build a bigger wheels and bigger chassis and so on. And I looked at this and said, about wait a minute. The challenge really is to build a self driving car. They can drive for the desert. I can get a rental car. They can do it just fine, provided as a person insight and the challenges we need to take the person out of the driver's seat and replace it by computer. That is not a problem with bigger tires. That's actually be a software problem.”

“Literally three hours later, there is a Spanish player beating top 10 Alex Dimonor, like, in in an hour. Rafael Jodar is a teenager, mind you. A 19 year old from Madrid. I'll I'll I'll tell you this. Like, you look for certain score lines against certain types of players. The demon win was his first career top 10 win, and then currently, he has 17 wins in his first 25 career ATP matches. That's that's silly. That's a better start than Nadal, Federer, Novak, Alcaraz, Sinner, and Fonseca.”

“I think he's thinking, here's the off-ramp, but here's a way to do it. And he's making this all about Christianity in a way, being like, oh my gosh, I can't believe he put these truth social posts out on Easter of all days. Can you believe it? This is the thing that's going to really make me question my faith in Donald Trump, not my faith in Christianity, but my faith in Donald Trump were these truths that he put out.”

“On Tim Cook's retirement, he had an incredible run as CEO of Apple. He ran it very effectively for 15 years. The market cap of the company went up by over 10x. The revenue grew from roughly 100 billion a year to over 400 billion a year. He also improved the quality of revenue by moving the mix into services. People say that, well, they never did any innovation under Tim Cook. But I've seen people tweet lists of products that were released under him. And there were a lot of them. Now, it's true, nothing as big as the iPhone. But they did release a lot of products under Tim Cook. And then just finally, I mean, you look back over the last 15 years and there really weren't any public snafus or scandals or imbroglios with Apple.”

“The other piece is that it's sort of designed with real money, as the foundation. So there's not like a volatile gas token. USDC is actually the default native token, which is now, under the law, essentially, like a legal form of electronic money. So you have real dollars as the way that people understand. And so to a company that's, like, doing this, it's like, I pay AWS credits. I understand how to budget for that, my treasury, my operations, my compliance, etcetera.”

“And the plan is that should the blockade and the energy that really happens, Taiwan probably will reopen its nuclear power plant as the power for our energy supply. And also, we probably will also limit our usage of the natural gas and increase the composition of the coal for Taiwan's energy usage. And the possibility of reducing the production for the semiconductor as well as other energy-consuming industries in order for Taiwan to sustain our defense, that will be an important part of the measure that we have to adopt.”

“The NFL draft, Fernando Mendoza went number one, which was a shocker to absolutely no one, and then we were off and running with some actual shockers PFT. Then it was smokescreen season. It was Arvell Reese falling all the way to five with with the the cardinals taking Jeremiah Love.”

“A photo of him on Instagram at a restaurant circulated him taking a photo with the restaurant owner, we assume, also showing his right wrist in a removable cast of some kind. That's not an image you necessarily want to see a month before Roland Garros, is it? Feliciano Lopez actually has been sort of talking about the extent of the injury.”

“Sebastian, I think you should build a self diving car that can drive anywhere in the world. And my immediate reaction was, no, taking the technology we build for this empty desert and put it in the middle of Market Street in San Francisco is going to kill somebody. And Larry would come back the next day with the same idea, and I would give them the same answer, and both of us got increasingly more frustrated. God damn it, it can't be done, and eventually came and said, look, Sebastian, OK, care, I get it. You can't do it. I want to explain to Erk Schmidt the CEO at the time and Sergey Britt my cofounder, why it can't be done?”

“If I use as a reference point, like, you know, I spent a long time building on the early Internet and the early nineties and the early web and, like, all this stuff all the way up until, like, 2001 for, like, you know, for me, it was, like, ten years. And it was still it was, like, awful still. Like, it just like kept grinding and it was like, how do we make this useful? And then you had, you know, a whole bunch of things happen that were in the background, like, you know, Wi Fi, broadband, you know, you finally got like usable, other Internet connected devices, and you could actually really start to do stuff. But it was, like, ten years in the desert or longer before you could even get there. And I kinda feel that way about the blockchain space.”

“at first, it was just, like, like, five or six of them in the back of a bar. I believe Miriam, Flynn was one of the or Tolan was one of the first ones, rather. Yep. Later Miriam Stack. Miriam later Miriam Stack. And, by the time I got there, it was like a big theater.”

“I've got a beer on the go, because I was supposed to be at the pub right now, but instead I'm here forming a healing circle with my favorite people, David Law and Matt Roberts, following the news that Carlos Alcaraz, the defending champion, has withdrawn not only from Rome, but also from Roland Garros.”

“I remember this is, like, the the shady shit that my mom Mhmm. She's like, if you ever have to vomit if you ever like, it's junior tennis. It's like, you know, you you're playing in, like, San Antonio where it's a thousand degrees and you happen to play 17 matches in a day as a junior. So if you ever have to vomit, go go in the middle of court. It's gonna take at least twenty minutes to clean it up. Your mom your mom said that? Yeah. My mom said that. That's next level. Yep. 100%. That's our upset of the day.”

“The SPLC allegedly did fund $270,000 to help plan Charlottesville. In addition to that, they secretly funneled more than $3 million to a bunch of violent racist extremist groups, including the Ku Klux Klan, the American Nazi Party, Aryan Nation, United Clans of America, and it goes on from there. So I think, don't forget about the $3 million bucks. So this group that was supposed to be fighting racism, in fact, was fomenting racism by paying these groups to basically organize protests that SPLC could then point to and say that America has a huge racism problem. And that's basically what happened after Charlottesville. They increased the amount of money that they were able to fundraise by $81 million.”

“I love watching them play. I just love watching them play. I love their camaraderie. I love their their their freedom to play basketball. I love the position that that the coach and also the front office put those guys in to just be able to go out there and play basketball and and and focus on trying to win a championship.”

“We are the hardest sport in the world. And do you know when we look soft as baby shit? Is when we complain about getting hit in doubles and when we complain about someone hitting an underhand served, as if they've done something to personally offend us. Get out of here. There is nothing wrong with it. If you get caught not paying attention, that's on you.”

“And there's a similarity in between Larry Sanders and the studio. They're both about the business, and there are specific ways if you're in show business that you can pick apart certain things and say, well, that's not really how it is.”

“President Trump just wants the country to win and be successful. And he doesn't have these like doomer neuroses about it. That's not to say we don't support any regulation at all, but we should have specific solutions for specific problems as opposed to being cowering in fear over this and just trying to halt all progress. And I think a really good example of that was his idea around data centers where he said over a year ago, before data centers even became a hot political topic, that we should let our AI companies stand up their own power generation behind the meter. And that's a much better approach than the Bernie Sanders approach of just shutting everything down.”

“We actually see it used, you know, from at the very smallest end, like someone who's paying, you know, 25¢ for a digital object in a digital game that's built on a blockchain. Or even now, we're starting to see, AI agents that are paying for, the output of essentially the AI tokens of another AI agent, and they're, you know, spending, again, just, you know, a dollar 50¢, 20¢, etcetera. So super tiny transactions at one end all the way to the largest electronic trading firms in the world that do huge amounts of of capital markets activity who are, you know, settling multi $100,000,000 transactions. And the powerful thing is it's all the same.”

“Everyone is going to want to be in that bottom half of the men's draw, because it will feel so open, you know, even if Zverev and Djokovic are both down there. I still think that people like a Fees or a Muzetti or, you know, even you can branch out further... everyone basically is going to fancy their chances.”

“And recently, new development is actually in Korea. Not about Korea country itself, but the US presence in Korea. And then the probably China started to realize that the nearest base from the United States toward Beijing is actually a US air base in Korea. That's a new realizations. And I hope that the China will take that into heart.”

“I do think there is a not unlikely scenario where Jannik Sinner cruises to this title, and that will feel... I wouldn't consider it an asterisk at all, but it certainly would be, you know, people would remember Carlos Alcaraz wasn't there. And that would be a shame for Jannik Sinner.”

“But we follow every rule that casino has. In fact, if you call up a casino and you ask them, is it a is it against the law to account cards? Is it against your rules to account cards? They'll be like, well, no. Not really. But it is kind of frowned upon. How could that be? We all know that casinos spend tons of money on overhead cameras and security guys to detect card counters. Maybe because most of them are so bad at it, they lose money anyway.”

“It does feel like, we have the potential for double digit GDP numbers in the 2030s. Like, that's that seems not unrealistic to me. Not that that's gonna be uniform all around the world, but certainly, in large large parts of the world, that seems very, achievable, based on what I see. The risk here is that GDP, effectively, like, the GDP growth is a sort of capital capturing more capital at the at the expense of of humans. Like, that's the real risk.”

“Here's how diabolical blackjack is. Unlike most casino games, if you play blackjack correctly, the casino barely has an edge. The odds are very close to fifty fifty. You win almost half the time. So the dream of winning is right there in front of you just out of reach. And if you did have a system that could beat blackjack, imagine what that would mean. It's like the money is just sitting there in casinos everywhere all over the world, huge stacks of chips and $100 bills waiting for you to take them home.”

“In the last moments of Alane Herzburg's life, the robot spent an indefensible five point six seconds trying and failing to guess the shape in the road there was a human body pushing a bike. Over those five point six seconds, the robot kept reclassifying our whishing an unknown object a vehicle a bicycle. During that time, spent wondering the car did not slow down. Soon after Elaine Hertzberg's death, Uber halted its testing program.”

“Look at Benioff, he's the founder of the company. He's run this thing since its founding decades ago. He is willing to bet it all, he's willing to make the change. It may be that the index you buy in this era of AI transformation is the index of founders, that the founders who are still running their businesses are going to be the ones who are most likely to see the future. They'll burn the boats. And all of the guys who have hired managers to run the business are going to do the things that Chamath is talking about, which is try and charge fees and try and maintain the old way of doing things as opposed to reinvent for the new future.”