Author of seven books, including THE AWESOME PORTFOLIO, coming in September 2026. Editor of The Daily Dirtnap. Writer, investor, electronic music curator. MFA.
Joined April 2009
- Tweets 35,685
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- Followers 95,839
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Pinned Tweet
Apr 28
I'm very pleased to announce that my new book, THE AWESOME PORTFOLIO, will be released on September 8th, 2026.
It's a stress-free approach to investing, and it blows to smithereens the conventional wisdom about saving for retirement.
Pre-order here:
amazon.com/Awesome-Portfolio…
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I have many more issues with Ilhan Omar being worth $30 million than Elon being worth a trillion.
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Jared Dillian retweeted
Surround yourself with people who build and create — and your life will be great. Surround yourself with people who destroy and complain—and your life will suck. It’s actually that simple.
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You had one job
HORRIFIC FOOTAGE: A 21-year-old woman was pushed off a 40-meter bridge in Limeira, Brazil by bungee jump workers who failed to attach her safety rope. She died from the fall.
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CHECK THE 100TH MACRO DIRT WITH ME AND TONY!
16h
The Centennial Macro Dirt with HOST Matt Zeigler @dailydirtnap @CultishCreative youtu.be/b1nIVJSpFBk?si=7Y4L…
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Jun 13
Some problems, like shiftlessness, sloth, depravity, low intelligence, and addiction cannot be solved no matter how much money you throw at it.
Jun 12
I really don’t understand true greed. If I was worth $1 trillion, you’d have to physically stop me from solving as many of the world’s problems as possible.
Everyone would have a home, food on the table, proper healthcare, happiness.
I just don’t get it.
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Fun fact: @GavinNewsom has budgeted >300% more tax dollars for a nonexistent California rail system than SpaceX raised in private capital in its entire history as a private company.
Jun 12
Americans are struggling to pay for groceries and gas while Elon Musk becomes a TRILLIONAIRE.
When the federal government is for sale, the rich get richer and everyone else gets shafted.
The system is rigged.
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Jun 13
When the war is over and the IPOs have been offered, the focus will return to this.
Don't look now. More private credit gates suggesting the credit cycle is vulnerable. $BLK
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Jun 12
Beyond Meat is worth more than Canada
JUST IN: SpaceX is now worth more than Canada
Community note
SpaceX's market cap is about $2 trillion. Canada's GDP is about $2.5 trillion per year. The post compares the company's valuation to the country's annual economic output.
finance.yahoo.com/quote/SPAX.PVT/ worldometers.info/gdp/canada-gdp/
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Jared Dillian retweeted
Jun 12
Gold is creeping further and further away from its north star (global liquidity), and is probably worth a look at these levels.
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The Globe and Mail is a loser newspaper for losers. The absolute losers in life. Keep losing, losers.
Jun 11
Opinion: SpaceX IPO makes Elon Musk the first trillionaire. Here’s how to properly hate him theglobeandmail.com/business…
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Jared Dillian retweeted
Jun 11
Goldman, the lead underwriter, is modeling explosive AI revenue growth for SpaceX.
Morningstar says the same AI unit "poses a material threat of value destruction."
Same company - it's almost as if two different businesses are being priced.
Tomorrow's $75bn IPO is not an opportunity or a trap – it's a test. The largest equity supply event in history, hitting a market that also has to absorb OpenAI and Anthropic right behind it.
What I'm watching from the first print:
1. Absorption: with a 3–4% float and Nasdaq-100 fast-track buying queued, a strong debut is the base case – and proves nothing. Watch breadth and equal-weight while $75bn is digested.
2. The cohort. SpaceX is the first wave. Each successive deal (Anthropic, OpenAI,...) arrives into a market that already absorbed the previous one.
Tomorrow's open will be loud and largely meaningless. The signal sits in the digestion, not the debut.
Full note below ⤓
nunoamadomendes.substack.com…
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Jared Dillian retweeted
Jun 11
US 10-year Treasuries are offering about the greatest amount of yield versus the S&P 500's earnings yield going back to 2003. Either earnings have to keep outperforming, or bonds will start looking like an increasingly attractive alternative.
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Jun 11
I had Indian food last night and just blew up a bathroom on a plane. Ask me anything.
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Jun 10
Proshares showed up at Lehman in 2004 to get me to sign up as an AP for their proposed leveraged ETFs.
I said, “Are you guys nuts?”
Jun 10
At some point, someone with Power will realize that this is not what Capital markets are for. And will ban these products, crank down on leverage allowed at hedge funds, and increase short term trading tax rates.
Capital markets exist for funding the growth of society, not for a bunch of D bags to whip things around.
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Jared Dillian retweeted
Jun 9
Gold Miners Bullish percent Index. Zero.
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Jared Dillian retweeted
If you wonder how gold price could be tanking in the face of spiking systemic risks, recall that credit protection on subprime mortgage bonds was tanking in 2005-2007.
After 2008, they made a movie about the few who stuck w/their conviction & kept buying.
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Jared Dillian retweeted
Jun 9
Noted
Jun 9
The Gold Miners Bullish Percent Index drops to zero. Yes, you read that correctly. Historical 👀🔥
Total capitulation.
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Jared Dillian retweeted
Jun 9
Suspect most investors don't realize that value has outperformed growth this year.
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