Colleges

Cabo to college: A&M, TCU Stockyard. Miami, Tennessee, Clemson

Embrace AI!!  Particularly younger professionals!

• Elon on Doge: Says he is “Tech Support”.

Markets

• Markets correcting. S&P 500 down 3% last few days. Still up 2% YTD and 18% 1 year.

Starbucks laying 1000 off

Apple to invest $500 billion in US.

NVIDIA earnings tonight. Its like a superbowl event.

Foreign companies. 21:30 min on The Compound and Friends: Brian Belsky on foreign investments.

Bezos announcement around WaPo:I’m writing to let you know about a change coming to our opinion pages. We are going to be writing every day in support and defense of two pillars: personal liberties and free markets.

Buffet Letter: Long-Term Optimism: Despite market frothiness (he calls it “casino-like” elsewhere), Buffett remains bullish on America’s economic tailwind. He sees stocks as the best bet over bonds or cash long-term.

Margin Loans

Amazon and AI

• Andy Jassy on Alexa+.
• Grok 3.

Tesla and XAI

• Down ~40%.
• Tesla (TSLA) new car registrations fell 45.2% year over year to 9,945 in January in the European Union, European Free Trade Association, and UK, the European Automobile Manufacturers’ Association said Tuesday.
  • People are waiting for Model Y ramp.

Wow #FSDChina

Who will build Robots for US Govt?

• U.S. based humanoid robot startup @1x_tech has unveiled their next-gen robot, NEO Gamma. Improvements: NEO can now walk with a natural human gait and arm swings.
• Xpeng

All-in on Elon setting up xAI data center.

• Pro Nvidia.
• Elon moving fast. Generators. Liquid cooling. Power problem. Rewriting firmware.
• Elon on XAI data center build.

DOGE

• Elon on Doge: Says he is “Tech Support”.
  • Comment on Email:
  • People that are dead or fictional.
• DOGE website.
• List 5 things you accomplished this week.
• Jaime Dimon on DOGE initiative.
• Software subscriptions not being used!
• Social Security:
  • Amazing Puzzle! 😀
  • No one person actually knows how it works.
  • 395m people on SS

Ron Desantis on Property Taxes

Recommendations

• CEO of Scale AI: Alexandr Wang on This past weekend with Theo Von.
• Book: The Lion Women of Tehran. Mothers and daughters, love, jealousy.
• Paramount+: Seal Team
• Trumps cabinet meeting
• Dictators podcast.

Inspiration

• Snow.
• Mentors: Tom Caulfield. Tim Archer. Reed Hastings. Chuck Landers and Jack Wilborn.
• Golf: Girl attached by Shark. No arm and leg, now golfing. Lulu Gibbins Joins Justin Thomas and Ricky Fowler.
• Tom Brady on attitude. Focus on “you” not “others”.
• Back to the office per Jamie Dimon.

Markets

• S&P500: Reached all time high again today. Up 25% in 1 yr. 95% 3 yrs (so 2x your money).
• Hims!!! $60. Up 150% YTD. What!!??
• Netflix. New high $1057. $450b mkt cap
• Meta: new high today at $740. $1.8t mkt cap
  • Up every day for 20 straight days!! MIght be a record.
• Palantir: new high today. $120

Other

• Bridgeloan Financing.
• 401k quick education. $23,500 pre-tax. Then After-tax.
• Invest in 529’s.

DOGE

• Old video from Bill Clinton and Barack on government inefficiency.
• Why important. Deficit spending causes inflation! Elon explaining.
• Doge Website:
• Will stop making pennies. Costs nearly $0.04 to make.
• Antonio Gracias on how Treasury does not reconcile payments (3-way match).
  • Our government Needs to pass audits!!
• David Sacks on “Getting Paid”.  Funding from USAID.
• Elon on Treasury payments. $50b estimated fraud. No SS#’s.

Elon Musk says that there is a literal limestone mine where they store all the US Government’s retirement paperwork built in 1950 that they need to go up and down every time they want to retire someone from Federal Government.

Autonomous Driving

BYD has unveiled an advanced driver-assist system called “God’s Eye” that it plans to install on its entire model line-up including its $9,600 Seagull hatchback. “BYD wants to democratize self-driving tech.

Tesla

• Trump and tariffs. Don’t F with Tesla in China.
• EV Tax credits hurt other EV’s more than Tesla.

Recommendations

• Must listen to last All In Podcast.
• Phil on Golf Club Selection:Phil Mickelson talking about the process that goes into selecting a club never gets old to listen to.
• Sahil Bloom – 5 types of wealth

Opening

Rain

Guitar:

• W – W – H – W – W – W – H.
• C major all full notes, no minor or sharp. D has two sharps.
• So pachobel in D has C# and F#

Markets

Netflix

• $1008 ($1011). $500b. Up 80% over last year

Amazon

• $237 today (was $242). $2.5t. Up ~40% in last year.Slides.
• Meta: $712 today!!   $1.8t. Up 54% over last year

Palantir

• • $107. $245b. Up 500% over last year
  • Revenue up 52% YoY. That’s huge!
  • Alex Karp on Earnings at 31:25 500 people job can be done with 3.

HIMS

• Up 60% in last month. Up 393% over last year. Hair and ED!
• Spotify: Stock $620. $125b. Up 34% last month. 180% in 1 year.

Tesla

Ford  on Autonomy

Tesla Bot jobs listing

FATMAANN

Up 215% in 3 years. S&P500 36%

Here’s the thing about investing: you may think you’ve missed the 10000% growth. And you may have, but there is still opportunity to identify amazing opportunities. NVIDIA. Palantir. I bought late. But still works! I’ll take 20%+ gains a year. That’s double your money in 4 years!

Tariffs:

• Inflationary by nature?
• If monetary supply is fixed how can it be inflationary.
  • Money will shift to other purchases or sources.
• Milton Friedman on inflation
• Oil Exports from Canada. – Agree or disagree will learn something.
  • 97% of Canada oil export is to US. US purca
  • They can’t refine it. Its “Raw”. Super sour.
• 49.43. Bill on Tariffs for negotiation. 

DOGE

• Budget deficit ~$2 trillion in 2024.
• Debt has increased. $10t in 2008, prior to GFC. Now 36t.
• 15% of budget is INTEREST.

Sunshine is the best disinfectant! We need  absolute transparency.

DOGE Website:

• https://dogegov.com/
• Milton Friedman on DOGE.. again!

DOGE and USAID (US Agency for International Development).

Website here:

Spends $50b per year on foreign aid.

• All spending by Govt should be line item.

Headline: Elon shutting down USAID

• No. He is a hired (non-paid) consultant. No different than Mckinsy, BCG, etc… and all politicians and organizations use them.
• Trump clearly said all decisions are his!

Findings:

• I $8m (updated to $34m to Politico thru USAID)
  • Numerous invoices posted.
  • Receipts showing ~$35k per subscription. I pay $500 or so for WSJ.

Access to Treasury Payments

• Limited read-only per WSJ.

Let’s see the Epstien Island list!!

In short: Let’s give all this some time and wait and see.