Nassim Taleb built his fortune by realizing that to survive wall street, you must be perfectly comfortable looking like an absolute idiot speaking to microsoft's top engineers, he shared the exact math from 1987 that built his empire: "it started with the crash in 1987. i realized that if you position for a massive 20-sigma event, your portfolio is so mathematically convex that you could literally wait 400 years for it to happen again, and you would still be okay" "so i told myself i will only specialize in extreme events. you sit there and wait 3, 4, 5 years. everybody on the trading floor tells you you're an idiot. they tell you you're not profitable" "and then suddenly the crash happens. the crowd blows up, they completely disappear, and you take absolutely everything" watch his full 1-hour microsoft masterclass on the math of extreme risk

Just listened to this @fundstrat presentation from 2019. He summarizes the future of crypto and I have to say, he nailed it. He immediately calls AI and Crypto the biggest trades of the next decade. (7 years ago 🤯) youtu.be/7MNttXRbzCU?is=ISN_…

THE VOICE OF WORLD CONTROL. COLOSSUS THE FORBIN PROJECT, 1970

The greatest tech stocks of all time went public cheap. NVIDIA IPO'd at ~2x sales. Microsoft at ~4x. Apple at ~14x. SpaceX is reportedly coming at ~95x. Price-to-sales at IPO (valuation ÷ trailing revenue): 🚀 SpaceX ~95× $SPCX (2026) 🪙 Coinbase ~67× $COIN (2021) 👻 Snap ~59× $SNAP (2017) 🐦 Twitter ~45× $TWTR (2013) 🏹 Robinhood ~33× $HOOD (2021) 🔮 Palantir ~28× $PLTR (2020) ♾️Meta ~28× $META (2012) 📦 Amazon ~28× $AMZN (1997) 🛒 Alibaba ~20× $BABA (2014) 🔍 Google ~16× $GOOGL (2004) 🚗 Tesla ~15× $TSLA (2010) 🍎 Apple ~14× $AAPL (1980) 🚕 Uber ~7× $UBER (2019) 🪟 Microsoft ~4× $MSFT (1986) 🎮 Nvidia ~2× $NVDA (1999)

Few Truer Words Spoken Insiders Don’t Sell At Bottoms

🚨🇮🇱 Thomas Massie CONFIRMS Israel used NAPALM on the USS Liberty. 34 Americans were burned alive, skin boiling from their bodies, after the IDF dropped Napalm on the unarmed ship. He confirmed this yesterday in the U.S. Congress.

🚨 Tesla may be telling us exactly what's coming next through its hiring! @CernBasher points out that Tesla currently has 36 Robotaxi job openings and 172 Optimus-related positions across engineering, manufacturing, testing, supply chain, and operations. The interesting part? These aren't the hiring plans of a company running experiments. They're the hiring plans of a company preparing to scale. From Robotaxi fleet operations to Optimus manufacturing, Tesla appears to be building the teams needed to turn both projects into real businesses. The question is: are investors paying enough attention to these signals? $TSLA

This was built in 6 years, 780 years ago

BREAKING: Global central banks acquired 17 tonnes of gold in April, the 2nd monthly purchase this year. This marks a sharp reversal from March, when central banks sold -30 tonnes of gold driven by Turkey and Russia. Poland led purchases at 14 tonnes, bringing its year-to-date total to 45 tonnes, with gold reserves now at 595 tonnes. China added 8 tonnes, the biggest monthly addition since December 2024, bringing official gold reserves to a record 2,322 tonnes, or ~9% of total reserves. China has now purchased gold for 18 consecutive months. Central bank demand for gold remains incredibly strong.

⚡️California has become the public face of elite-governance decay. The state is too rich, too powerful, too culturally important, too technologically central, and too institutionally connected for its dysfunction to be excused as lack of resources. California has money, talent, universities, ports, weather, tech, capital, entertainment, agriculture, AI, defense, biotech, venture, and global prestige. And somehow the machine still produces homelessness, retail disorder, housing impossibility, public-school collapse, absurd bureaucracy, high taxes, fire mismanagement, slow vote counting, and political candidates who feel like products of an insider factory rather than organic public leadership. That is the contradiction people are reacting to. California’s problem is that its ruling class built a system where virtue language replaced execution. Compassion became the alibi for disorder. Process became the substitute for decisions. Rules multiplied until responsibility disappeared. Every failure gets absorbed into another committee, another review, another equity framework, another funding package, another “stakeholder process.” The state has become a machine for converting public money into institutional fog. That is why even culturally liberal figures mocking it matters. The old shield is cracking. For years, the California establishment could dismiss criticism as right-wing hysteria. That move is losing power because normal people across the spectrum can see the lived reality. They do not need Fox News to tell them the streets are worse, housing is insane, schools are weaker, taxes are high, and the bureaucracy feels hostile to ordinary life. The vote-counting joke is a perfect symbolic wound. Maybe the official explanation involves mail ballots, curing, verification, legal timelines, whatever. The public does not experience it as careful democracy. They experience it as a state that cannot complete a basic civic function in a way that feels normal. A rich society that takes weeks to know who won an election looks decadent. That matters politically because legitimacy is mostly vibes before it becomes data. People feel whether a system is competent. Once the competence aura breaks, every weird rule, every delay, every homeless encampment, every boarded-up store, every absurd permit process, every school scandal becomes part of the same story. The story becomes: these people cannot run what they control. That is poison for a governing coalition. What happens from here: California probably does not become red statewide. That is the low-IQ take. The real shift is an internal revolt against the progressive administrative regime. The challenge comes from moderates, parents, Asian voters, Latinos, business owners, public-safety voters, housing reformers, tech people tired of dysfunction, and Democrats who still dislike Republicans but are done defending visible failure. The next winning lane in California is competence politics. Clean streets. Faster permitting. Public safety. School accountability. Housing supply. Visible enforcement. Less ideological theater. More execution. The left-wing machine will call that reactionary. A growing share of voters will call it sanity. The deeper national implication is that California becomes a warning label. Republicans will use it as a symbol of blue-state failure. Democrats outside California will quietly fear being associated with it. Ambitious California Democrats will have to either defend the model or distance themselves from it. That creates real pressure on the party’s national brand.

US tech layoffs are surging: US-based technology employers announced 38,242 job cuts in May, the highest monthly total since August 2024, according to Challenger Gray data. Year-to-date, tech sector job cuts rose 66% YoY, to 123,653, the highest among all sectors, and 3x larger than transportation, the next closest sector. AI was the most cited reason for job cuts for the 3rd consecutive month, with 38,579 cuts attributed to AI in May alone, the highest since Challenger began tracking in 2023. This accounts for 40% of all layoffs announced last month, up from just 7% in January. Year-to-date, AI has been cited in 87,714 job cuts in 2026, or 22% of the total, already surpassing the 54,836 recorded in all of 2025 and 12,742 in 2024. AI continues to reshape the labor market.

⚡️Those old guys are not being kept alive by beer. They are being kept alive by ritual, friendship, laughter, familiarity, low stress, identity, and a reason to leave the house. The pint is just the social object around which the life-giving thing organizes itself. That is the real signal. A lonely man with perfect sleep scores, perfect supplements, perfect fasting windows, perfect macros, and no deep human bonds is not optimized. He is a well-measured organism slowly drying out. A man who has friends, routine, laughter, meaning, and imperfect habits may outperform the spreadsheet because the nervous system is not a lab panel. It is a relational machine. It regulates through people, place, rhythm, memory, touch, humor, and belonging. The post becomes false only if people use it as permission to romanticize alcohol itself. That is survivorship-bias bait. Plenty of people drank socially and died early. Plenty of “old British guys” are not pictured because the habit wrecked them. The image shows survivors. But the underlying critique lands: health culture has become too biochemical and not human enough. The real line is: Alcohol is poison. Isolation is also poison. A good life is not built by choosing poison intelligently. It is built by refusing to confuse clean biomarkers with actual vitality.

An alien who is in the U.S. temporarily and wants a Green Card must return to their home country to apply. This policy allows our immigration system to function as the law intended instead of incentivizing loopholes. The era of abusing our nation’s immigration system is over.

EXCLUSIVE: Trump Admin Closes Loophole Letting Migrants Stay In US While Awaiting Green Cards: 'We're returning to the original intent of the law' dlvr.it/TSgK6R