All the crap you never needed

June 23 2023 Intro Sacks and BG were at a Coatue Conference Feds quietly drop 5 charges against SBF Brad Gerstner back again! Insert conspiracy theories about no Sacks last week and no Friedberg this week Coatue lunchboxes looked so bad SBF was the hot ticket at the previous year Magnificent 7 from Cramer (7 stocks make up most of the gains in the market) Meta, Tesla, Nvidia, Amazon, Alphabet, Microsoft, Apple Chamath in Milan - gets a hair fluffer during his haircut Sacks played testimonial from fan of the pod at Coatue Zuck vs Elon cage match Zuck has been training a lot This is so dumb Ukraine/Russia updates Ukraine counter offensive not meeting expectations so far High casualties 16 months in - fatigue setting in, not dominating news cycle in America also Americans don’t want to be in forever wars Apparent rejection of ceasefire by the West Naftali Bennett claims there was a potential peace agreement Putin flashing some apparent document about the a...

June 16 2023 Chamath flew Southwest to Vegas poker tournament Brad Gerstner is on in place of David Sacks! Fed rate hikes IPO market picking up again? Arm filed documents Arm acquisition by NVidia was cancelled by regulators Seems Softbank is seeking some liquidity - they have had this position for 6-7 years now Tech had a bad year 2022 Now Tech is going up again so its just reversion to the mean Hard to cut rates when China will print trillions soon AI boom has been amazing for market It will change all kinds of businesses Will we have many AIs or 1 big AI like search Instead of client server model where all data was at server and you got data in and out of it now users will be data repository and apps/AIs will come to you Zuck also said on Lex Fridman that there will be many agents But there is real leverage in having 1 personal assistant Web search has been $20T market and could get disrupted Bard and ChatGPT demos are getting quite impressive Bard can serv...

 June 10 2023 Friedberg moderating Besties at Jason’s Angel Summit RFK Jr Chamath and Sacks getting attacked by the Left, not by the Republicans Because RFK message is resonating Interesting video from RFKJr showing the border wall and people streaming in He actually went to the border wall at 2am Now he has violated the liberals’ border wall blackout People don’t want to talk about the actual facts on the ground People are coming from all over the world - Afghanistan, China, etc This is a humanitarian story US Crypto Crackdown SEC is suing Binance and Coinbase This is clearly CYA on the part of the SEC - they were cozy with some bad actors and now want to act like they are tough guys Crypto was a direct challenge to government (military, money, etc) Jason is advocating for everyone to become an accredited investor Take a test and invest in whatever you want (like a driver’s license) When market was going up, hard for SEC to step in because retail would h...

 June 2 2023 Friedberg loves pistachios - besties had fun in Vegas Presidential candidates Sacks donation strategy RFK for Democrats DeSantis for Republicans Chamath and Sacks holding a fund raiser for RFK soon Chamath is independent Has donated millions to democrats Important to acknowledge Biden issues Challenge his mental acuity Not funny that its weekend at Bernie’s like meme going on around the President Someone needs to be in the arena on the democratic side and put Biden’s mental acuity to test Lack of turnover in the White House seems concerning Want to see Biden being in charge and not some shadow government So what people who are not elected are actually running the government? Biden has held fewest news conferences since Reagan Debates, town halls, rallies are cognitive tests - but if he doesn’t debate anybody, you won’t see it This is single important person/job in the world - how can we not take this seriously? Seems to be a concerted effort to ...