Strawman

My fellow apes, gather ’round, because your boy is about to drop some newsletter that’ll make your tendies rain from the sky. bloomberg.com/opinion/newsle…

*hits blunt* we shall take blockchain token, put it inside an equity company, then we shall tokenize the equity shares of that company, and then put those tokenized shares back on the blockchain..

For all of the talk of universities selling PE investments to raise capital, E&F selling was actually down in the first half of this year. I continue to hear from the market that this was standard portfolio maintenance rather than capital raising... Data from Jefferies.

This should be huge news. The HHS just confirmed a long-running conspiracy theory is true. "Organ donors" are having their organs removed when they're still alive, and often when they're still able to be brought back from the brink.

Under @SecKennedy's leadership, HHS is restoring integrity and transparency to organ procurement and transplant policy by putting patients’ lives first. These reforms are essential to restoring trust, ensuring informed consent, and protecting the rights and dignity of prospective…

trump just posted that epic bitcoin & blockchain innovation speech from coincenter’s van valkenburgh 👀

Blockchain technologies will power the next generation of payments, and the U.S. dollar is coming onchain. Thanks to President Trump’s visionary leadership, and @SenatorHagerty's important work in Congress, the GENIUS Act will help cement the U.S. dollar as the global reserve…

I hope people realize how important this moment is for crypto. GENIUS is the first federal crypto bill signed into law, with more on the way. The financial revolution starts here.

Truly incredible: The S&P 500 in Bitcoin terms is now DOWN -15% year-to-date. Since 2012, the S&P 500 in Bitcoin terms is down -99.98%. We are all witnessing history.

accelerate

Heard a wild AI anecdote today Investment analyst doing research on a company. Finds a piece of information that feels proprietary or hard to know. Presses the LLM for a source, "I don't have a source for this information". Presses again, "this is from board minutes of XYZ…

I believe tokenization is the greatest capital markets innovation since the central limit order book

I considered moving out of the USA. After some research, I realized leaving is stupid. There is no chance the USA will stop being the global superpower. And the best country for opportunity. The reason surprised me:

🇺🇸 LATEST: Tom Lee predicts banks will buy $ETH to secure their stablecoins, not just for speculation, but for infrastructure.

This is just non-sense. Below are the pricing for secondary buyout trades in 2024. Sure there is a discount. But it is pretty small. I also have a hypothesis that most sellers are selling the GPs they no longer want to work with. So likely there is a bias towards the less…

Joe Rogan calls out American bread “Our bread is so f*cked — We're f*cking poisoned” People are not gluten intolerant, they’re poison intolerant. Here’s the breakdown “In America what we call bread can't even be considered food in parts of Europe. See, here in America, it's…

Bitcoin is the way my friends 👇

Let's quantify this another way. About 30,000 companies are currently held by PE funds valued at $3.6T. 15K OF THOSE COMPANIES HAVE BEEN HELD 5 YEARS OR LONGER. There is $600b of Private Equity transactions per year. It would take 3 years to CLEAR THIS OUT. THE SYSTEM'S STUCK

The unemployment rate of Harvard's 2025 graduating class of is ~25%, the highest on record. This is only the beginning.

When she asks me if I’m having ANOTHER drink