BasedGod 💹🧲

No I work in retail where I can quite literally see how much money I’m making the company. I’ll do anywhere between $600 and $2000 in a 5hr shift while only making $71. It’s more radicalizing to see the dramatic extent at which your surplus labor is being extracted

memecoins are like parasitic fungi that grow on the dead bodies of abandoned projects, stripping them of any remaining nutrients before spewing forth their own mindless progeny into the world ps: think if wikipedia but everyone can edit the encyclopedia of human thought simultaneously

Ken Griffin went home on a Friday "fairly depressed" after watching AI agents at Citadel do work that used to take teams of PhDs in finance months to complete. Done in days. His words: "These are not mid-tier white collar jobs. These are extraordinarily high skilled jobs being automated by agentic AI." This is the head of one of the most successful hedge funds in history saying the people he pays seven figures to analyze markets and structure deals are being replaced by software that works in hours instead of months. Not theoretically. In his own office. Right now. The Coatue deck we covered earlier this week called agents "the biggest unlock" in AI. Griffin just confirmed it from the buy side. The shift from copilots to agents is not a future event. It is already happening at the highest levels of finance.

Ken Griffin went home on a Friday "fairly depressed" after watching AI agents at Citadel do work that used to take teams of PhDs in finance months to complete. Done in days. His words: "These are not mid-tier white collar jobs. These are extraordinarily high skilled jobs being automated by agentic AI." This is the head of one of the most successful hedge funds in history saying the people he pays seven figures to analyze markets and structure deals are being replaced by software that works in hours instead of months. Not theoretically. In his own office. Right now. The Coatue deck we covered earlier this week called agents "the biggest unlock" in AI. Griffin just confirmed it from the buy side. The shift from copilots to agents is not a future event. It is already happening at the highest levels of finance.

If you're under 40, this is one of the best buying opportunities you'll get this year. Run the math on what happens when you buy at these levels historically. The forward P/E just fell to 19.7x. That's below the 5-year average of 20.1x and the cheapest the index has traded since Liberation Day in April 2025. Citadel's Scott Rubner flagged it: every time the S&P forward P/E has dropped below 20x since 2020 (13 occurrences), forward returns have been positive. Over the last 50 years, the S&P has had a negative Q1 18 times. Last year it dropped 4.6% in Q1 and finished up 16.4% for the year. In 2003 it fell 3.6% in Q1 and posted 26.4% for the full year. The pattern repeats: after 10% corrections, investors who bought the dip averaged 11% returns within a year and 37% within three years. The panic math is even more telling. Miss just the 10 best trading days and your returns get cut roughly in half. Miss the top 50 and they shrink by nearly 5x. The best days almost always cluster inside the worst months. March 2026 has had 1%+ intraday swings on 14 of 18 trading days. The snapback days are hiding inside this exact volatility. Everyone sharing this chart is seeing a 7.6% decline. The people who build wealth from these moments are seeing a forward P/E in the 6th percentile of its one-year range, Wall Street consensus calling for 10-20% upside, and 50 years of data confirming that selling here is almost always the wrong trade. The worst time to look at your portfolio is the best time to add to it.

I'm literally shaking $SPX SPX6900

There needs to be a new category of token. Just call these news coins. They are not real “meme” coins. I don’t really even like the term meme coins anymore but we can say news coins are the highest risk. Narrative chasers. Likely won’t sustain. But meme coins have culture and lore and most importantly, community.