Trump: A friend of mine is a very obese person. I said, you're an extremely obese person. He's begging me not to mention his name because I'll destroy his reputation. He had some fat drugs. I said: it's not working—you look like shit.

Kids, I don't know what advice you are getting, but ragebaiting investors and then sending them SAFE docs to just wire you money is NOT how investing works..

a primary residence is a terrible asset for most ppl cuz you: - concentrate a huge percentage of your net worth in one illiquid object. - pay insane transaction costs to enter & exit (not to mention tons of middle men jesus christ). - pay property tax, insurance, maintenance, repairs, hoa fees, interest, etc. - assume geographic immobility. - often consume more housing than you would have rented. - get no cash flow from the asset. you should only do it if you want long term emotional investment (e.g. if you have a family to raise or whatever) or you're rich af.

I think ambitious people should treat life in “seasons” rather than trying to balance everything every day. A few years massively overallocated to work. A period getting seriously fit. A year or two nomading. Then family takes priority for a while. Then maybe at 35 you go completely insane again and spend four years building a new company, and so on. The mistake is thinking every metric needs to stay green all the time. Most great outcomes (building a company, writing sth serious, training for an event) need uninterrupted runs, not daily moderation. Sometimes work should suffer cause you’re travelling, sometimes your social life should suffer cause you’re building, sometimes career progression should slow cause family matters more. That’s fine. And tbh it probably makes life more fun too. You get actual chapters and completely different versions of yourself instead of spending 40 years maintaining the same perfectly optimised routine. A few intense years in one city, a weird nomad phase, an obsession that takes over your life, then something completely different. Probably much more memorable than one very long well-optimised Tuesday. It's why I encourage everyone to think of balance in years, not days. A good life can look horribly unbalanced on some random Tuesday and still be very balanced over 10 years.

The first in-depth account of the last 48 hours inside Leopold’s Situational Awareness. W/ @rudegeair @berber_jin1 @GZuckerman wsj.com/finance/leopold-asch… @WSJ

My philosophy when I used to hire traders was that the optimal number of past blow ups was one.

Wow so happy to learn @mcelarier is still alive.

Tiger Woods was involved in a rollover crash in Jupiter Island, Florida, on Friday, ABC News reported, citing the Martin County Sheriff’s Office bloomberg.com/news/articles/…