This guy from The Netherlands emailed me asking if I'd come on his podcast. I didn't want to, so I used my usual line: "I'll only do it in person in Victoria." Welp, the SOB called my bluff. Flew 12 hours, mic in hand. Well played, @WouterTeunissen. It turned out great:

Spoke to an extremely large datacenter counterparty today that’s focused on one thing and one thing only: 2026 power. The conversation was rational. They stuck to their guns on not overpaying, but I was struck by how laser focused they were on the mission: 2026 power. That’s it.

FTMO Verified prop traders walk their path. Rise now and start your FTMO Challenge!

A universal law in business: “The less a customer pays, the more high-maintenance they’ll be.”

If you ever want to lose faith in humanity, engage in good faith with trolls on X.

This hits. So good. @TheEconomist

Happy Friday, fam! The week’s wrapping up, but security never sleeps. 🔒 At SolidProof, we’re proud to keep the blockchain space safer one audit at a time so projects can focus on building, not worrying. Have a project that needs a trusted audit or KYC? Let’s make your launch

So many investors fixate on the macro instead of the micro. If you buy a local McDonalds franchise for 6x earnings, it really doesn't matter if the S&P 500 drops 20%. The same is true of individual public companies. If you own stock in a large, low leverage waste management

Note: Send me the ticker + 1 line on why it's undervalued

There is always someone out there who would love to do the job you hate. You can often hire them at a discount to what the world will pay you for that services. Boom, you're an entrepreneur.

The more time I spend in the public market, the more opportunity I see in small caps. If a business is complex or does multiple things, has lumpy earnings, or a complex balance sheet, the stocks seem to trade at ridiculous discounts. Especially when they're small and low

Reagan vs. Trump: To Tariff or Not - Bruce Fein, Jeffrey Wernick, Dennis Kucinich & Ryan Cristian

Has anyone pulled something insanely valuable like this that is 90% paperwork using AI? Like managed to IPO their company or done a massive transaction that would have had millions in legal fees using AI? I've used it for small stuff, but not this bold yet.

NASCAR was able to use leaded gas until 2007 The average third grader in a school close to a race track took a hit to their achievement equivalent to cutting per-student funding by $750 a year! And we STILL allow 167,000 small planes to use leaded gas. The IQ hit costs billions

the not boring campaigns of the week

Great news. I just got the call. AI is NOT canceled. There was an incorrect rumor circulating earlier that all development of AI technologies would be paused globally and therefore no further compute would be needed. But it turns out it was false. So we continue forward. Godspeed

AfroTech Conference 2025 Schedule: Speakers, Tracks, and Events

"The reports of my death are greatly exaggerated." –Mark Twain

I wrote this last month about The Courage To Be Disliked:

The most important skill for succeeding in business is having the courage to be disliked.

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves” - Peter Lynch

Addiction corrodes a society. "All these industries are targeting young men's minds, trying to get their eyes off the ball." @AmMomentOrg @learnaboutsam

Me evaluating every software deal right now now: "Could this just be a prompt?" 95% of the time the answer is yes.

A cheeky pattern I've seen a few times: - Raise money from venture/SV style investors at high pre-money valuations to start a "holding company", often with some thesis like "we're going to add technology to an old industry" (money often raised at 30x earnings or some insane

if you’re a young person interested going deep on weird things, basically the only good advice is you should be 1000x more commercial. someone will get very rich by monetizing the things you figure out, there’s no reason that person shouldn’t be you.

Luma is such an exceptional event hosting platform. Blown away by how elegant it is. Anyone know how it’s doing as a business?

Feature Update: TradeLock Even more customizable! In addition to the default unlock times of 6pm/6am, traders can now utilize the X Minute & Specific Time Unlock features. For example: - A trader wants to "cooldown" for 5 minutes after a lockout - the trader uses the Minute