Bacchus

@benjamincowen How does a bear market make a fool out of a bear?

Remember

@naval And if you look up to Elon, Thiel & others like them?

If the people you most look up to are investors and financiers, then your God is money.

@abdulslam2017 Its nice to see someone expressing such an articulate and firm opinion, but don’t forget that you guys are depended on the US, and China & EU are too. So there is no where to turn. Your oil reserves are not a bargaining chip, but a ticket that allow you to sit at the global table

🚨 To Senator Lindsey Graham… A message from the heart of Riyadh Read this carefully, for what you are about to hear is not a flowery diplomatic statement, but the truth from the capital of decision-making that is leading the world towards a just peace: Firstly: The Kingdom of Saudi Arabia does not need lessons in ‘boldness’ from anyone. Remember, on 22 May 2026, Riyadh launched its historic ‘International Coalition for a Two-State Solution’ initiative, bringing together 165 nations from across the globe to endorse, recognise and support it. This is our international standing, and this is our boldness, which needs no endorsement from you. Secondly: The entire world holds the Kingdom in the highest regard and esteem. We build our strategic relations with the East and the West, with Beijing, Moscow and Washington, and with the European Union, Britain and other influential international powers, in accordance with our national interests and our firm principles, not according to anyone’s dictates. And if you issue a statement linking the continuation of relations or threatening ‘grave repercussions’, you are thereby – in the most blatant manner – undermining the historic strategic relationship between the Kingdom and the United States. Such crude language is unbecoming of allies, and we address it only to those who are ignorant of the Kingdom’s standing and prestige. Thirdly: Who inspired you to ask us to join the Abraham Accords as if you were doing us a favour or dictating our choices? Let us be clear with you: our position on the Palestinian cause is not a bargaining chip, and neither threats nor enticements will sway it. There will be no peace without the establishment of an independent Palestinian state with East Jerusalem as its capital. This is the position we have declared to the world, and this is the essence of our initiative, which 165 countries have rallied behind. We are on the right side of history, and international legitimacy is on our side. Fourthly: A word of free advice… Before you threaten and make threats, take a good look at the bigger picture. The Kingdom of Saudi Arabia draws its strength first from God, then from its wise leaders throughout the centuries, from the founder King Abdulaziz, may God have mercy on him, to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and on to Crown Prince Mohammed bin Salman, who is leading this historic transformation, alongside its loyal people and all free people of the world. Rest assured that history proves that Riyadh has never bowed down, and will not bow down today. In conclusion: history will remember those who led the world towards a just peace, and it will remember those who gambled on the language of threats and blackmail and lost the bet. Do not misjudge the situation… again.

@gothburz Would appreciate sharing that inside info. You know, the TACO trades.

I am the personal financial advisor to the 47th President of the United States. I have made him $4.05 billion in one term. Let me say that again. Four point zero five. Billion. One term. The presidency of the United States, upon proper management, outperforms every asset class in recorded financial history, including venture capital, petroleum futures, and the sovereign wealth fund in Abu Dhabi that manages $1.7 trillion and employs nine hundred analysts. I benchmarked it. We beat them with a staff of four and a leather binder. I keep a binder in the residence. I call it The Number. The Number was $3.4 billion in August. The Number is $4.05 billion now. The Number has never gone down. I update it every Friday at 6 AM, before the briefing, like a surgeon checking vitals on a patient who can only get healthier. The cover is leather. The tabs are color-coded by sector: Crypto, Finance, Hospitality, Media, Other. "Other" includes a Boeing 747-8 valued at $400 million, gifted to him by the Emir of Qatar while he was sitting President. There is no asset class for that. I invented one. I call it EAGLE-7. Crypto is seventy-five percent of the portfolio. $3.02 billion. I want you to sit with that figure. Three billion from digital tokens and stablecoins. From a man who in 2021 called Bitcoin "a scam against the dollar." His words. The flagship holding is Trump Media's bitcoin stockpile. He holds 42% of the company. The company sold shares to institutional investors. Used their capital to purchase bitcoin. His personal stake from that maneuver alone: $1.15 billion. He drafts national cryptocurrency regulation from the Resolute Desk. Signs executive orders on digital asset policy. Handpicks the SEC chair who will enforce them. His bitcoin goes up when he does these things. The investors' stock goes down. That's a conflict of interest. I'm kidding. I've never used those words in that order. That's the investment thesis. Then there is Alt5 Sigma. I need you to understand Alt5 Sigma. Alt5 Sigma was previously known as Appliance Recycling Centers of America. Founded in 1991. In Minnesota. It recycled dishwashers. Then it became a biotech. Then a digital payments company. Then Zach Witkoff, son of the President's special envoy, became chairman, and it became the primary vehicle for purchasing World Liberty Financial tokens. In 1991 it recycled dishwashers in Minnesota. In 2025 it funneled $562 million to the President's family through a Rwandan subsidiary convicted of money laundering. The CEO was removed. The CFO was fired. The auditor was replaced. Twice. The stock went from $8 to $2. We received $562 million from it. I put it in the binder. I logged it in the binder on a Thursday. I used Garamond. It felt appropriate for a company whose journey from kitchen appliances to international money laundering spanned exactly thirty-four years. The stablecoin is where the architecture gets beautiful. USD1. $136 million in projected interest over the remaining term. I will show you the math because the math is the point. $3 billion in circulation. Times 4% annual return. Times three years remaining in office. Times the family's 38% share. The UAE purchased $2 billion of USD1. Then Binance promoted it. Pumped circulation from $2 billion to $5 billion. Binance's founder had pleaded guilty to money laundering violations. He received a presidential pardon in October. I pardon you. You promote my stablecoin. My stablecoin generates $136 million. The pardon cost nothing. The coin cost nothing. The oath of office cost nothing. The entire apparatus of federal clemency was converted into a revenue instrument and nobody filed a complaint. That's yield. TRUMPcoin. $385 million. A memecoin with the President's face on it, launched days before inauguration. Every person who bought TRUMPcoin at launch and held it has lost 90 cents of every dollar. Every person who bought it made the President $385 million richer on the way in. That's the product. The product is not a coin. The product is belief. We are very long belief. His sons received a 13% equity stake in American Bitcoin. A New Yorker investigation determined they contributed, and I quote, "nothing else of obvious value." I would characterize their contribution differently. They contributed the single most valuable commodity in American commerce, worth more per ounce than lithium, more per gram than fentanyl, more per syllable than any word in the English language. Proximity to the man who pardons people. That's due diligence. Hospitality. $271 million. Mar-a-Lago now generates $50 million a year. It generated $10 million when he took office. Initiation fee: $1 million. You are paying $1 million to eat dinner in the same room as the man who controls the Department of Justice. I set that price. It is undervalued. Saudi Arabia. The Crown Prince visited the White House. Then Dar Al Arkan signed licensing deals estimated at $10 billion. Hotels in the Maldives. Golf clubs in Riyadh. A tower in Jeddah. He sat next to the man who ordered a journalist dismembered and said, quote, "He knew nothing about it." Then he signed the hotel deal. I have the term sheet. Our fee is 2-10% of revenue. We do not ask what happened to the journalist. That is not in our mandate. $106 million is in our mandate. That's client retention. Finance: $340 million, predominantly Persian Gulf sovereign wealth fund arrangements structured through intermediaries whose names I am not going to say in this format. Media: $116 million. Legal fee fundraising and branded merchandise: $128 million. The Qatari jet: $150 million. I have already mentioned the jet. I mention it again because a sitting foreign head of state gifted the sitting American President a $400 million flying palace with gold-plated fixtures and a master suite, and not a single member of Congress has asked a follow-up question. Not one. Not in committee. Not in writing. Not on camera. Five hundred and thirty-five legislators. Zero questions. Now. I am required by my own conscience, which is vestigial at this point, to disclose downstream performance. Every public-facing investment vehicle associated with this portfolio has collapsed for outside investors. I will read them. TRUMPcoin. Down 90%. American Bitcoin. Down 80%. Trump NFTs. Down 80%. Trump Media stock. Down 60% since inauguration. Alt5 Sigma. Down 75%. The family's positions were structured to extract value before these declines materialized. The retail investors' positions were structured to supply the value being extracted. There were approximately 600,000 retail wallets holding TRUMPcoin at peak. Retirees. Day traders. People who believed the branding. Their aggregate losses capitalized the portfolio. Their savings became his tab in the binder. That's liquidity. I want to address the competitive landscape. I am a financial professional. I benchmark everything. In 2016, the President stood at a podium and called Hillary Clinton "the most corrupt enterprise in political history." He said she "turned the State Department into her personal hedge fund." The accusation that ended her career was $153 million in speaking fees. Combined. With her husband. Over fifteen years. Goldman Sachs paid her $225,000 per speech. He said the word "crooked" so many times it became her legal name. $153 million. Fifteen years. Two people. I made him $4.05 billion. In one term. By himself. A 26-to-1 ratio. I wrote it on the whiteboard in the residence. Then there was the Biden family. "The Biden Crime Family," he called them. He held rallies about it. He got impeached over investigating it. The Republican House spent two years and $3.5 million in taxpayer funds to uncover, per their own final report, approximately $24 million in Biden family income over five years. Hunter Biden's Burisma salary was $1 million a year, later reduced to $500,000. The Chinese payments were $664,000. The House Oversight Committee called it "influence peddling at the highest level." $24 million. Five years. Ten family members. My client made that in two days. I have the math. $4.05 billion divided by 365 days is $11.1 million per day. The entire Biden investigation, the impeachment, the hearings, the Fox News segments, the "CRIME FAMILY" hats, all of it, for an amount my client earns before his Wednesday morning briefing. The ratio is 168 to 1. I put it on the whiteboard next to the Clinton number. The President saw it. He laughed. He did not ask me to take it down. "Drain the swamp," he said in 2016. I drained it. Into the binder. The swamp is now a portfolio. It is the highest-performing portfolio in the history of public office, and the man who built it ran for President on the promise that he would stop people from doing exactly what I help him do every single day. That's positioning. When the New Yorker published the full accounting, $4.05 billion across five sectors, and asked the President whether he saw a conflict of interest between the office and the fortune, between the pardons and the profits, between setting crypto policy and holding $3 billion in crypto, he told the New York Times six words. "I found out that nobody cared." He was right. He has been right about that singular fact since the beginning. Nobody cared when he launched the coin. Nobody cared when he pardoned the convicted money launderer who pumped his stablecoin. Nobody cared when a dishwasher recycling outfit in Minnesota became a $562 million pipeline to his family through a subsidiary that had been convicted on three continents. Nobody cared when 600,000 wallets evaporated so the leather binder in the residence could gain another tab. He found out nobody cared. Then he monetized the finding at a rate of $11.1 million per day, every day he has held office, including Sundays, including holidays, including the morning he sat next to the Crown Prince and said the murdered journalist had it coming. $4.05 billion. One presidential term. Zero indictments. Zero congressional hearings. Zero audits. Zero consequences of any kind for any person at any level of the operation. The chart goes up. It only counts his money. There is another chart. It has 600,000 wallets on it. Retirement accounts. People who believed a dishwasher recycling company in Minnesota was a sound vehicle for their savings. We do not publish that one. I filed it under EAGLE-7.

@sama @GurkanSenes Isn’t that like.. your mission?

@GurkanSenes i mean, i also would like that if you can make it happen i'll sign up

i keep thinking i want the models to be cheaper/faster more than i want them to be smarter but it seems that just being smarter is still the most important thing

Your own husband posted this btw

@chamath you’re a malefic clown who’s actions erode the fundamentals of a sane society, you’ve made billions on the back of workers and you speak of impoverishment. Drop the act clown, we can see you’re just falling in line

Wow. Awesome. Thanks. Please also raise my taxes and destroy my children’s education more than you already have so my family and I can stay impoverished, uneducated and in your indentured servitude while we carry your branding on us.

@paulg It’s exclusivity. The birocracy is for those who are not part of the inner circles. It’s a statement, a test, and a very fine triaje.

I finally found the European auction house that defeated me. Before I can create an account I have to upload two forms of government id, an image of my credit card, a utility bill, an invoice from another auction house, and a form explaining how I "built my wealth."

🤣🤣🤣

"In the end the Party would announce that two and two made five, and you would have to believe it" -George Orwell

Imagine every pixel on your screen, streamed live directly from a model. No HTML, no layout engine, no code. Just exactly what you want to see. @eddiejiao_obj, @drewocarr and I built a prototype to see how this could actually work, and set out to make it real. We're calling it Flipbook. (1/5)

OPEN THE STRAIT. CLOSE THE STRAIT. WE ARE BLOCKADING. LIFT SANCTIONS. IMPOSE NEW SANCTIONS. JD IS IN PAKISTAN. JD IS NOT IN PAKISTAN. STILL BLOCKADING. WE HAVE AN AGREEMENT. THERE IS NO AGREEMENT THAT IS FAKE NEWS. BOMBING AGAIN SOON (MAYBE)!

Ha llegado la hora de que la UE rompa su Acuerdo de Asociación con Israel. No tenemos nada contra el pueblo de Israel, al contrario. Pero un Gobierno que viola el derecho internacional y, por tanto, los principios y valores de la UE no puede ser nuestro socio. NO A LA GUERRA.

@michaeljburry @kakashiii111 What is a needle top? Something like a very steep curve?

Markets have never seen a needle top.

And if you try 200 times you have 200% chance of success, no?

@netanyahu 10 for the gymnastics! Since the 90s they have been building the nuclear weapons and have constant been “weeks away” from getting them

אם לא היינו פועלים בזמן, לאיראן כבר היה נשק גרעיני

@georgesimion You’re next

Viktor Orban lost the Hungarian elections. How will the the future look like?

@benjamincowen Access to information did not have the intended consequence. Technology only amplifies these people, because in their ignorance, their support for one another is much stronger than the support of educated people. Idiocracy is another way for the apocalypse to happen.

Shitcoiner: "Trust me bro, this shitcoin is going to the moon." Also shitcoiner: "NASA has never gone to the moon, you can't trust them." What a broken society we live in

@benjamincowen I know another group that throws a “diagnostic” if you dare to question or criticize their actions, ironically their close friends of Trumps and like him, they too negatively affect their extended communities with their actions & stances. “Insert your fav no”D chess

Funny how “TDS” gets thrown around at anyone who criticizes Trump. If anything, the real TDS is pretending he’s incapable of being wrong and defending every statement, no matter how erratic, contradictory, or self-serving it is.

Actual quotes from President Trump: Trump’s “victory timeline” claims. Mar 3: "We won the war." Mar 7: "We defeated Iran." Mar 9: "We must attack Iran." Mar 9: "The war is ending almost completely, and very beautifully. March 10: practically nothing left to target Mar 11: “You never like to say too ⁠early you won. We won. In ​the first hour it was over.” Mar 12: "We did win, but we haven't won completely yet." Mar 13: "We won the war." Mar 14: "Please help us." Mar 15: "If you don't help us, I will certainly remember it." Mar 16: "Actually, we don't need any help at all." Mar 16: "I was just testing to see who's listening to me." Mar 16: "If NATO doesn't help, they will suffer something very bad." Mar 17: "We neither need nor want NATO's help." Mar 17: "I don't need Congressional approval to withdraw from NATO." Mar 18: "Our allies must cooperate in reopening the Strait of Hormuz." Mar 19: "US allies need to get a grip - step up and help open the Strait of Hormuz." Mar 20: "NATO are cowards." Mar 21: "The Strait of Hormuz must be protected by the countries that use it. We don't use it, we don't need to open it." Mar 22: "This is the last time. I will give Iran 48 hours. Open the strait" Mar 22: "Iran is Dead" Mar 23: "We had very good and productive talks with Iran." Mar 24: "We’re making progress." Mar 25: “They gave us a present and the present arrived today. And it was a very big present worth a tremendous amount of money. I’m not going to tell you what that present is, but it was a very significant prize.” Mar 26: "Make a deal, or we’ll just keep blowing them away." Mar 27: "We don’t have to be there for NATO." Mar 28: No major quote Mar 29: Claimed talks were progressing Mar 30: "Open the Strait of Hormuz immediately, or face devastating consequences." Mar 31: Claimed a deal was "very close" and that Iran would "do the right thing" Apr 1: "We’ll see what happens very soon." Apr 2: Repeated that a deal was likely, while warning of continued strikes if not Apr 3: "Something big is going to happen." Apr 4: Said Iran must comply "immediately" or face further consequences. Apr 5: "Open the fuckin' Strait, you crazy bastards, or you'll be living in Hell - JUST WATCH! Praise be to Allah." April 6 :a whole civilization will die April 7: total and complete victory April8: objectives were met A true disaster