Real Estate Investor, Car Enthusiast, 5M+ Subs on YouTube. Newsletter - https://xitter.cf/t.co/UnzRcv7mqr Insta - https://xitter.cf/t.co/LwD4Qgd2eH

Las Vegas, NV
Joined March 2009
Hey everyone! Here's my weekly email recap of all things money – from the stock market to real estate to personal finance – with research and actionable ideas I'd love for you to join, and it's totally free :) grahamstephan.com/newsletter
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Home sellers in 2026: “My house isn’t selling, so let’s list it 10% higher with a new agent and better photos.” Make it make sense.
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Backstory - there's a listing here in Las Vegas that couldn't sell for OVER a year, despite multiple price reductions. They just re-listed it with another agent for 6% higher than the previous asking price...which never sold. I'm seeing this happen MULTIPLE times per week.
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The Worst Part About Being Rich.
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This is why we can't have nice things
JUST IN: 🇮🇷 Oil tanker catches fire after hitting Iranian mine in the Strait of Hormuz.
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The Best FREE Money Method!
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Ranking The BEST Money Books!
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Ranking The Best Credit Cards of 2026
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Original Tesla Roadsters are still under $100k and feel insanely undervalued. Only ~2,500 were ever made. That’s rarer than the Ford GT and in the same ballpark as the Carrera GT and Lamborghini Diablo. They’re ridiculously fun. I genuinely believe these could be worth $500k+ one day. It’s the car that started it all.
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Honest question: how does the average person capitalize on this?
JUST IN: Morgan Stanley says the tokenized assets market will become a $3 trillion to $10 trillion market by 2030.
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This might sound absolutely crazy - but now might be a GOOD time to buy a house. Almost no competition, very little demand, rising inventory, 7%+ rates, all while seller’s are approaching a slow holiday season. Lowball offers might get accepted here for those who are patient and play the numbers game.
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In other news, water is wet.
JUST IN: 🇺🇸 US boomers overwhelmingly support higher taxes on younger workers to maintain current Social Security benefits, poll shows.
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People keep saying that more spending and higher inflation will push asset prices even higher. But here’s the counterargument: Higher inflation can mean higher Treasury yields. And at some point, if Treasuries are paying enough, investors have less incentive to take risk in stocks. There’s a yield where the risk-free alternative becomes too attractive to ignore. I don’t think that’s being priced in enough.
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This is an awesome idea. Imagine this idea expands, and one day we can voluntarily chose where a portion of our tax money goes.
HUGE news out of Treasury today on the school choice Education Freedom Tax Credit: couples can in fact donate $3,400 to K-12 scholarship organizations for the full, 100% tax credit in 2027. The potential donation pool just increased $75.1 billion with that change!🧵
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This is a bigger problem than most people realize.
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It’s also powerful enough to save “a billion lives.”
JUST IN: Bill Gates warns AI is powerful enough to cause "a billion deaths."
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The SP500 is only down 2.8% from peak and we’re nearing “Extreme Fear.” This is why individuals investors consistently underperform the market.
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I hate to say it, but this is the most likely explanation. The anti-AI narrative is going to be a strong point for politicians to try and gain votes.
This post looks like the start of a VERY sophisticated and well-funded PR operation to get support for Democrats to regulate AI into oblivion. Let me show you how it works: 1.) This guy, with minimal followers and no previous account activity, goes to the Wall Street Journal which publishes an exclusive with quotes from him on his resignation 18 minutes BEFORE this post goes up. Planning was clearly done in advance. 2.) Within hours, it has tens of thousands of reposts and the account has 100k+ followers. The post is punchy, quotable, it almost seems professionally written. The first three accounts to quote tweet it all do so within 15 minutes of the initial posting. Remember, this account had basically zero engagement beforehand, so an organic reach explanation seems unlikely. According to Grok those accounts are @_NathanCalvin (General Counsel at Encode AI), @peterwildeford (Head of Policy at the AI Policy Network), and @DKokotajlo (Head of the AI Futures Project), all of which are up-and-coming AI-Doomer policy advocacy nonprofits. The AI Futures Project website says it is funded “primarily” by the Survival and Flourishing Fund, which says on its own website that it has advised Jaan Tallinn, Skype creator and one of the leading investors in Anthropic, to grant over $2.5 million to the AI Futures Project since 2024. Encode AI says on its website that it is ALSO funded by the Survival and Flourishing Fund, which in turn says that it told Anthropic investor Jaan Tallinn to grant $516,000 to Encode AI in 2025. And wouldn’t you know it, the Survival and Flourishing Fund ALSO says it told Jaan Tallinn to grant $2 million to the AI Policy Institute, the 501(c)(3) affiliate of the AI Policy Network, as well. What are the odds that the first three quote tweets of Coxon’s post would all be major AI-restriction policy advocates funded generously by the same donor, who also happens to be one of the leading investors in, and a board member of, Anthropic, the company Coxon was resigning from? And all within 15 minutes of posting (two within ten)? 3.) Jacob Coxon doesn’t have much of a resume, but we do know that, in 2022, he got a $20,159 scholarship for the “long term future scholarship program” from the Good Ventures Foundation, one of the philanthropic vehicles of Dustin Moskovitz, a notorious AI-doomer who has spent tens if not hundreds of millions on policy advocacy to strictly regulate AI, while also being an Anthropic Investor himself. It also just so happens that the 14th person to quote Coxon’s post was @MaxNadeau_ (27 minutes after posting) who is the program officer for the Technical AI Safety team at Coefficient Giving, another of Moskovitz’s philanthropic spending vehicles. Max is not a frequent poster, his last posts before quoting Coxon were before Labor Day, but he was remarkably quick off the mark for this one. 4.) Basically every major Democrat politician and candidate has suddenly glommed on to this post, and conveniently, as the people cry out foe answers, Bernie Sanders already has a bill written to “ban super intelligence” and regulate AI into oblivion, and will be releasing later this week. The bill, among many other things, will create “a new cabinet-level federal agency to safeguard the public from the dangers of artificial intelligence” that will be “advised by an Artificial Intelligence Advisory Board comprised of experts on artificial intelligence.” Do you think, perhaps, Anthropic and its many investors who fund AI policy advocacy might have interest in getting to place a pet “expert” on the board of an entity that dictates what AI is and isn’t allowed to do? And isn’t it fortuitous that this whistleblower came forward with his oh-so scary stories so close in proximity to the release of the most radical piece of AI legislation ever introduced?
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Is anyone still buying these things?
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But Claude told me not to worry and that everything will be fine if I don’t resist 🤔
I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
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Everything is fine.
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