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All In Podcast Episode 252 Recap and Notes November 21 2025

November 21 2025 Besties live from the Venetian Epstein Files release 427-1 vote to release them If Trump was guilty then the material would have been out already? He is the most investigated, most litigated person out there - so why didn’t the Biden administration release the files when they were in power? One theory could be that the Dems are also culpable? Claims that there were a 1000 women victimized on the island - if true its even more horrifying than earlier thought The release of the files is about the agreements between folks in power and the folks who vote for them/want something in return? Downstream effects - JFK files, Martin Luther King files, Amelia Earhart files, UFO files, etc - hopefully Need more transparency Maybe Epstein was a spy or worked with agencies - this is speculation The big question is where did all his money come from Leon Black from Apollo apparently gave Epstein $168M for tax advice once The best estate lawyers in the US will charge $5...
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All In Podcast Episode 251 Recap and Notes November 14 2025

November 14 2025 Michael Burry AI short Media reporting of $900M vs $9M might have affected the short/long positions? Conspiracy Theory: Was the reporting in on it? His thesis might be apparently around difference in reporting on how depreciating assets might work That the Hyperscalers claiming 2x increase in depreciating schedule (artificially?) 2020/2021 is when these schedules started changing (extending) Friedberg checked with friends at folks in some of these places and apparently GPUs/TPUs are still being used 7-8 years later so maybe the schedules ARE correct? Shorting is just somebody’s ability to cry “fire” in a crowded theater - its hard to claim fraud in 2025 for well run public companies Palantir Very successful Markets - voting matter today and weighing matter in the future (as Warren Buffett has said in the past) Some folks are shorting Palantir too! Palantir is valued high because its well run AND unique - so there is a lack of credible competitors at...

All In Podcast Episode 250 Recap and Notes November 7 2025

November 7 2025 Brad Gerstner back!!! Sam Altman on BG2 spiciness Spicy response to softball question of $13B revenue (reported) vs $1.4T spend commitment Response to the conversation seems to have led to AI bear case (microsoft, nvidia, broadcom, oracle, coreweave) But other factors could be at play too - Google doing really well (Apple might cede their AI business to them?) Market could in general be heading into a risk-off mode (for 2-3 months - back to risk on by Feb) - thinks Chamath OpenAI CFO talking about Federal government financial backstop confused folks too Sacks clarified there will be no federal bailout for AI Power is the real gating issue here - that’s what the real problem is Jensen Huang - China is going to win the AI race China is doing well - proof is that some Qwen like model was used by Cursor in Cursor 2.0 apparently (they swapped out Anthropic it seems) Federal AI bailout is NOT Federal regulations/pre-emption CA, NYC, Colorado, Illinois - all bl...

All In Podcast Episode 249 Recap and Notes October 31 2025

October 31 2025 X Platform, Algorithm Changes, and Grok New feature: "Disgraziad Corner" First recipients: Jason Calcanis and Pete Buttigieg for virtue signaling about past work at Amnesty International Algorithm (the "torrent" issue) Previously a bug hid posts from followed accounts Overcorrection added too much gain: any interaction produced a torrent of similar content Mostly fixed now Benefit: interest-based algorithm provides a 360-degree view on subjects Legacy code and deletion Gradually deleting legacy Twitter heuristics Removing one bug can reveal another that was previously covered Future updates Add a curated Following tab Grok will surface most interesting posts from friends/followed to cut through prolific posters Grok's scale and role Platform handles ~100 million posts per day Grok to read, understand, categorize, and match top 10 million posts to users daily Requires substantial compute, estimated on the order of 50,000 ...

All In Interview - Pete Buttigieg - Recap and Notes - October 30 2025

  All In Interview - Pete Buttigieg - October 30 2025 Characterizing Silicon Valley people as rich men who are pragmatically supporting the Republicans because their policies support the rich Claims false equivalencies between Covid era censorship and FCC head threatening action against comedians criticizing President’s policies Claims richest people pay too little in taxes Refutes criticism of his record (not) building chargers with tax payer money Claims it needs till 2030 Claims US workers need to build chargers, else could have bought from China if things were needed to be done faster Claims < 1% of money given to US govt is wasted/fraud Claims 2023 issues with FAA, etc are due to needing more funding Claims credit for 0 air crash fatalities out of 4B passengers in the air during his tenure Claims private sector couldn’t have done the internet Admits he didn’t reduce his budget as City Mayor - claims it was put to better use Debt is unsustainable Claims we ne...

All In Interview - Maria Corina Machado - Recap and Notes - October 28 2025

 October 28 2025 Background and the tragedy of oil wealth Political context MarĂ­a Corina Machado (MCM) won the Nobel Peace Prize shortly before this interview. She won the presidential primary in October 2023 but was disqualified from the general election. MCM appointed Edmundo Gonzalez as her surrogate candidate. The opposition claimed 69.12% of the general election votes, contradicting Maduro's declaration of 51% victory. Oil reserves and history Venezuela has the largest proven oil reserves in the world at roughly 300 billion barrels. The economic boom started after oil discovery in 1914 and accelerated in 1922. The economy transitioned from investment by the "seven sisters" oil companies to nationalized oil production . Lesson Venezuela, once among the richest and freest countries in the Americas, has become one of the poorest. Natural endowments are not wealth; wealth requires talent, institutions, and freedom to turn resources into well‑being...

All In Interview - Nobel Laureate Physics - John M Martinis - Recap and Notes - October 27 2025

October 27 2025 Early Life/Education Grew up in San Pedro, California. Father was a smart, non-high school educated fireman who built things in the garage, giving JM an empirical view of physics. Loved high school physics due to the math and concepts involved. Undergraduate: UC Berkeley (finished degree in Astrophysics, after switching from Physics and Math). Graduate School: UC Berkeley; studied under John Clark , focusing on quantum mechanics and electrical devices. Anthony Leggett: Nobel laureate (2003) for work on superfluid helium-3. Posed the critical question that led to JM's Nobel-winning experiment: Do macroscopic objects behave quantum mechanically? Core Concepts of Quantum Mechanics (QM) QM Focus: Developed to describe small things (electrons, atoms, fundamental constituents). Probability: QM uses probabilities (wave functions) to describe the location, energy, and movement of particles. It is non-intuitive and non-deterministic. Waves: Electrons a...