Simply Me

Ye brought out Lauryn Hill as a special guest to perform "All Falls Down" at SoFi Stadium tonight 🤯

Today is a sad day for me. I’ve decided to part ways with a large portion of my $HOOD shares. Not because I’ve lost conviction in the company. I still believe in the business and in Vlad’s leadership. But I’m staying disciplined to my macro thesis. I believe the next few years could be severely impacted by economic headwinds. If consumers have less capital, they have less to invest. And if they have less to invest, platforms like Robinhood feel that pressure. AI is advancing at an incredible pace. I believe it will drive productivity, but I also believe it could accelerate unemployment faster than we’re prepared for. Less disposable income across America means less money flowing into stocks. It’s that simple. I could be wrong. I genuinely hope I am. But I’m positioning for what I believe is coming. I’m building my fortress. Before trimming, I held 2,500 shares. Now I hold 1,400 shares, still one of my largest positions at roughly 20% of my portfolio. What am I doing with the cash? For now, I’m staying patient. Holding tight. Adding to $GLD. Observing. If the environment unfolds the way I expect, I want to be in a strong position to act decisively. Godspeed, fam.

They have Ye heavily medicated

👀