Just heard @tracyalloway say “we spent a decade talking about ‘Shadow banking’, which we now call ‘private credit’.” 🤯

“The president inhabits a position of moral leadership. When the president and his officials sell their policies, they’re selling a version of what it means to be an American” I wrote about the Trump administration, the boat strikes, and St. Augustine.

“Habits are the compound interest of self improvement” -James Clear

Facebook changed its name to Meta when it turned its focus to the Metaverse. Now Meta is trimming the Metaverse. Anyone remember when people were spending millions of real dollars on fake land? New Coke moment?

Jensen is making it clear that $NVDA is a platform because every major AI workflow (model training, fine-tuning, inference, simulation, robotics, digital twins) is already built around Nvidia’s APIs & libraries The switching costs are enormous. https://t.co/oyIr78bFST

Offense sells tickets. But defense wins games.

So we blow up people who *might* be trafficking drugs... but give full pardons to people who actually traffic drugs? Make it make sense.

Jack White featuring Eminem. One of the best halftime shows you’ll ever see.

A Retired Police Officer Posted a Meme. It Earned Him 37 Days in Jail. https://t.co/pQjglfwCfS via @NYTOpinion

Monday morning means thinking music

Holy shit. I’ve used ChatGPT every day for 3 years. Just spent 2 hours on Gemini 3. I’m not going back. The leap is insane — reasoning, speed, images, video… everything is sharper and faster. It feels like the world just changed, again. ❤️ 🤖

I appreciate the Giants finding a new way to lose today. Keeping it interesting for the fans. @Giants

Union Square Holiday Market is equal parts cute and charming... and a hellish landscape of rude people.

https://t.co/l2AXquFGXD

I just yelled at a guy riding his e-bike on the sidewalk. Not all heroes wear capes.

📸 What a moment at the Cheney funeral. A light hearted exchange between old political rivals George W. Bush and Al Gore had President @JoeBiden and @DrBiden laughing along. It felt like a glimpse of the country we used to be, and the country we could still be without the

Welp. It was fun for a minute there.

You can see the market inflected lower at 10:40ish. What happened then?

Dec rate cut odds went back above 30% after payrolls

Interesting correlation between Bitcoin and the triple-levered QQQ (TQQQ). The correlation broke down in the spring market meltdown. But maybe it's just reverting now.