In 1995 some scientists decided to point the Hubble at the darkest area of the night sky The patch they chose was pitch black with seemingly nothing in it. Previously thought to be empty Left the shutter open for 10 days just to see what would happen The area they photographed was tiny Equal to the amount of the sky you’d cover by holding a grain of sand at arm’s length That photo turned out to have 10,000 galaxies in it Each of them as big as ours, with hundreds of billions of stars Each of those stars has a solar system and planets like ours Trillions upon trillions of worlds In an area the size of a single grain of sand held up against the entire night sky Meanwhile people are out here talking about AI like *we* are the ones creating God 😂 We'll be okay xitter.cf/naval/status/208855065…

In case you couldn’t tell from the lemonade stand piece this is a joke (sorry all you CPA gurus) But for founder friends - if you’re a founder of a real company that’s a c corp, and are going to sell that company subject to QSBS, you actually can do this (or something like it) to convert taxable assets you have into a pseudo-Roth It’s legal and it works. Here’s how: For ex you fund your company with an extra $2m of BTC (which the company doesn’t plan to ever touch) Run the company for 5+ years and then sell it subject to QSBS BTC has appreciated to $5m over that period and company still hasn’t touched it Acquirer tacks on $5m extra to sale price for the BTC on the balance sheet which they can keep or sell immediately after close Your $3m gain on that BTC is tax free (so long as total sale proceeds don’t exceed the $15m or 10x basis QSBS limits) Similar to a Roth structure, but the beauty is you can take your tax-free gains after as little as 5 years rather than waiting until you’re 60 with a Roth CPA gurus will lose their minds about this But this is legit and works. Ask your tax guy P.S. doesn’t have to be BTC, just any taxable asset that you think will both appreciate quickly + be easy for an acquirer of your company to get their head around including in the deal

I know way too many people in their late 20’s to early 30’s who are “trying” or have been trying to get pregnant for months or even years without success There are microplastics in most guys’ testicles Plastics in our bodies leach nasty chemicals like phthalates, bisphenols and PFAS that wreck your hormones & prevent reproductive processes from working the way they’re supposed to (in addition to causing turbo cancers, brain fog and early dementia) ✅ Stop wearing synthetic fabrics, especially underwear Anything stretchy or with “poly”-something anywhere on the tag is a fuck no Opt for 100% cotton or other natural fibers instead ✅ Work on cutting anything that comes packaged in plastic out of your diet This is hard, but every time you swap something that comes in plastic for something that doesn’t, your health gets a little bit better Look for beverages that come in glass, and shop at local farmers markets for as much of your food as possible Note - most metal cans have plastic liners as well, so cans aren’t any better. Go for glass or no packaging at all ✅ Never, ever drink unfiltered tap water in any city in the US. Almost all municipal tap water in the US is contaminated with nasty chemicals like PFAS, and unfortunately many private wells are too Install a 5-stage RO filter for your house, and additionally, get a Berkey with PF-2 filters for your drinking water PFAS are toxic at incredibly low, parts-per-trillion concentrations. 5-stage RO and Berkey-type filters with PF-2 attachments are the only filters fine enough to remove it. Normal carbon filters like a brita or what’s in your fridge’s water system don’t work ✅ Get all mainstream cleaning products out of your house. Anything with a brand that comes from the grocery store is loaded with hormone disrupting chemicals Opt for homemade cleaning products using ingredients like vinegar, baking soda, alcohol, hydrogen peroxide and essential oils instead Do these things and magically you’ll find getting pregnant goes back to being something that happens on accident without even trying

How tariffs impact currencies (and your portfolio): 1) trade balance shifts toward less imports, more domestic production (strengthens the dollar) 2) reduced demand for foreign currencies (stengthens dollar) 3) higher interest rates from the Fed in response to inflation risks (strengthens dollar) 4) lower global trade & higher economic uncertainty globally, causing flight to safety (strengthens dollar) Tariffs drive $DXY up DXY is also the most inversely-correlated asset to all other risk assets, providing incredible diversification for risk-asset-heavy portfolios The main ETFs are $UUP and $USDU

Reorganize your life so you can wake up naturally without an alarm. Interrupting your sleep mid-cycle with an alarm is the worst thing you can do for your health and productivity Have kids? Get a morning nanny Job requires you to be in early? Go to bed earlier or change jobs

Things that provide the liquidity that drives bull markets: 1. TGA ⬇️ 2. RRP ⬇️ 3. DXY ⬇️ 4. Fed Bal Sheet ⬆️ #4 has been going the wrong way for a long time #3 recently began trending wrong way #2 recently ran out of $ and can’t help anymore #1 is the last good thing happening, has $600bn of liquidity left to inject, will do so over Q1, then no good things left

$600bn of TGA spend down left to go Last leg of the bull market?

How to do the Buy Borrow Die strategy, live like the rich and pay zero taxes: You don’t need millions to do this. You can start with any level of income or assets. Here’s how 👇🏼 1) take all of your fungible work income and invest it in assets (S&P500 is fine) 2) take a small margin loan against your assets each month to fund your “fun” budget 3) never pay the loan back Your margin loan rate will be like 5%, but the investments grow at 13% So you can borrow 3-4% of portfolio value per year safely, even after paying margin interest, and your portfolio will continue to grow faster than your margin balance The borrowed $ is tax free income you get to spend on anything you want If you’re just starting out, it requires discipline and sacrifice If you only have $10k invested, then your “fun” budget each month starts out at $10,000 * 3% / 12 = $25 / mo That’s the sacrifice part. 100% of your fungible income (anything left over after unavoidable expenses like housing, transportation, groceries, healthcare, etc) goes straight into your investment account. And you only get a “fun” budget of $25 / mo But as you ride that out, with so much of your income going into investments, your portfolio grows very fast When you hit $100k invested, you get $250 / mo for “fun” budget $1m invested = $2500 / mo $10m invested = $25,000 / mo In the later stages it gets really cool You have tens of thousands of tax-free fun money coming in every month You stop working. You pay zero taxes despite having all the income to spend on whatever you want. You never sell any of your assets. And you never pay the margin loan back. You die with it. (and it doesn’t matter for your kids because your margin loan gets smaller as a % of your total assets every year, despite the continued borrowing). So your kids still come out way ahead when you die. This is how the rich pay zero taxes You can do this too You just need to be willing to stomach the tiny “fun” budget for a few years starting out The prize is very very worth it, and you can get there faster than you think

Doing @ClintFiore ‘s question as a quiz Will be interesting to see distribution You can only pick one:

The only chart you need to understand macro economics and personal finance for the next 30 yrs 👇

Most Americans assume a strong dollar is automatically a good thing They view currencies like a scoreboard of how “good” or “bad” a country is doing This is dumb, here’s why 👇🏼

~$400bn of liquidity was pulled out of the market & sidelined into RRP during the last week of 2024 Of that, ~$250bn has already moved back in The remaining $100 - $150bn will move back in over the next few days as institutions finish putting on their new positions for 2025

With WTI🛢️ @ $86.30 / barrel, model currently predicts CPI of 3.8% over next 3 months 1st chart is historical model fit 2nd chart is YoY view of 🛢️ price Note - YoY comps get a lot more difficult as we roll from late Apr into May, as the YoY comp drops from ~$82 to $73 / barrel 👀

Little known fact about Dune The Water of Life is real and we have it here on 🌎 Earth’s version just comes from a toad called “bufo” or “sapo” and you smoke it rather than drink it It’s abundant in the southwestern US after monsoon rains Toads are not harmed in the process

Corollary: Split your to-do list into 2 parts: 1) One Big Thing 2) everything else Do your OBT for the day, no matter what. Do it first. Everything else is off-limits until OBT is done. When your OBT is done, the day was a success Everything else is for bonus points

There are only 4 metrics that matter in any business: 1) profit per hour (of YOUR time)⏳ 2) profit per employee 👥 3) market share 🥧 4) moat 🏰 These are the Golden Metrics 👑

At $90 / barrel, energy CPI goes from the -15% YoY low we saw over the past few months, to: +20% YoY as we roll into Q1 +30% YoY as we roll into Q2 “Soft landing” chads about to get their faces ripped off 🍿