Ron

The smartest people on X aren’t the loudest — they’re the ones who actually think for themselves.

@MagnusSigurdss Thanks!

Excellent overview of $UPST setup

@OneOneBravoh @joeroganhq I do a physical once a year with blood work and do blood work mid year as well to access all metrics including A1C etc.

@RonAMacro @joeroganhq Why are you getting your testosterone tested if you’re not on test?

Mike Israetel: "There are three drugs, in my opinion, that as a man over 40 you should consider taking."

Great. I do 50 grams of Whey Isolate in my coffee in morning with some peanut butter and the rest of the day is real food, no fake protein bars and nonsense like that. I weigh everything so I maintain mild deficit. Lots of meat, healthy fats and some carbs rotated around training only. 2 monster chest meals on weekends all followed by a session in gym. Never waste a cheat meal. You have the best workouts.

@RonAMacro @joeroganhq 65 here. Gym 5 days a week. Protein powder supplement only. Stronger now than I was as a young man.

@Mr_Derivatives Delist.

$SMCI topped pretty much the date it joined the S&P500 almost exactly two years ago. Stock dropped 80% since if you factor today’s massive drop. Time to boot it from the index? Especially given multiple account scandals in the past and now the co-founder getting arrested.

@BitPaine the *least fraudulent*?

Michael Saylor has literally the *least fraudulent* business model in the history of mankind. $MSTR does two things: raise capital and buy bitcoin. He clearly and openly states the statistics and performance underlying every single equity he has issued on his website. He clearly and openly delineates how he expects his equities to perform and the math behind them on his earnings calls. The only possible way he could be committing fraud is if he were not actually buying bitcoin with the capital he is raising, but the company is audited and third parties track likely addresses on an open blockchain. Literally any other company on the face of the planet has a higher likelihood of being fraudulent.

@Micro2Macr0 I wish you a speedy recovery. Enjoy your work. Health is wealth.

Over the last few years things have been more difficult for me. I've had 1 surgery and probably getting ready to have another one soon. This and many other things have taught me about the preciousness of time. For that reason I'm making a few changes. 1. Reducing posts significantly by extracting most of the politics out of the dialogue. Relevant things going on in the world will be discussed in my the Monday show as I'll still be bookmarking what I find throughout the week. 2. Shrinking my sphere of influence and putting most things as subscriber only. 3. And most importantly. I'm going to focus on my health. Going to try this out for a bit and see how it goes. Hopefully it increases the quality of your experience and mine.

Taking a break.

In my view, shorts were selling into a non-institutional float of under 29M shares. It doesn’t take much selling pressure to move a stock dramatically when the available float is that thin. On the way back up, 18.7M short shares need to cover against that same sub-29M non-institutional float. Institutions are largely passive long-term holders. They don’t typically sell into a squeeze. So shorts are essentially competing with each other and with retail buyers for the same pool of under 29M shares. Agree on UPST.

I’m long $PGY but I must say it’s insane that $UPST has dipped below the April 2025 lows. It’s like the business has gotten worse. In the meantime • Loan originations up 86% YoY • Revenue up 35% YoY Fintech is getting crushed and $UPST is an opportunity.

@wydAriaX Trained at the gym.

During a very dark period, what is the best thing that you ever did to improve your mental health?

Yes. Paul is very bright and I do know the company well. Bought 5,000 shares today at $25.55. The float math alone is enough. 18.7M shares short against a non-institutional float under 29M shares. Weekly RSI at historic lows. Best financials in company history. CEO bought at $39, company bought back at $31. I’m below both. May 5 will be interesting

@RonAMacro @Upstart @paulxgu Thanks! Are you deep diving UPST ?

My conversation with @Upstart co-founder & incoming CEO Paul Gu @paulxgu, February 23, 2026 $UPST 🏆 (0:00) Introduction (0:26) Co-Founder Experience & CEO Transition (2:14) Upstart's Evolution (5:01) Long-Term Vision & Growth (7:31) Gu's $3.9M Insider Buy (11:16) Model 25 (13:15) 100M Repayment Events (14:31) Upstart Macro Index (UMI) (17:04) Auto & HELOC Margin Potential (20:08) Marketing & Borrower Relationships (23:10) Upstart Capital Partners (25:51) Bank Partner Growth (27:28) Closing Remarks

@TrendingBitcoin Selling

You wake up tomorrow and #bitcoin is at $200,000 What you doing?

@BTCBreadMan They are roommates. When he has children, he has to grow up and be a man. Provide and Protect or else your a boy.

My best friend is 36 years old. He’s been married for 7 years, but they still don’t have a joint bank account. He and his wife literally Venmo each other for half a meal out, or half of the gas bill. How do I kindly explain to him that they are acting like unserious children?

I disagree due to share price. From founder Wang's perspective as an engineer ( forget CEO ), spending $100M to fix the compensation structure of 1,194 employees who build his platform is actually a very rational capital allocation decision since all are underwater on options granted. At $5.40ish with 160-185M shares in the true tradeable float, a $100M buyback retires approximately 18.9 million shares, roughly 10-12% of the real float at a price where the company is buying $1.17 in net cash plus $1.14 in revenues for every dollar spent, which is one of the most accretive capital allocation decisions mathematically possible. It signals management confidence, tightens the already thin float creating upward price pressure, moves underwater employee options closer to in-the-money improving retention, raises EPS by 10-12% mechanically, and forces institutional attention on a stock that currently has only three analyst covers all at a cost of roughly 15 cents on every dollar of usable cash, leaving a still-fortress balance sheet of $553M.

@RonAMacro They are in a hyper-growth stage. I’d prefer they use that cash for continued international expansion and promotions to convert their massive registered user base into funded accounts rather than buying back shares.

$BULL Let's talk about cash on hand vs. debt. Webull wrapped Q4/FY2025 with a rock-solid balance sheet: $653 million in unrestricted cash & cash equivalents-dwarfing its modest $65 million in total debt (mostly promissory notes they were actively paying down). That's a net cash position of roughly $588 million after debt, giving them massive firepower without needing to lean on external funding for survival. As a hyper-growth, GAAP-profitable fintech (positive net income attributable to the Company of $24.8M for FY2025, with adjusted net income at $84.2M and five straight quarters of adjusted op profitability), Webull doesn't have to raise capital to stay afloat. They tap facilities like the $1B Yorkville SEPA opportunistically - only when it makes sense to accelerate expansion (crypto relaunch, AI tools like Vega, international markets, premium subs, B2B platform, etc.). Bottom line: This is a company in control. Flush with cash, low leverage, profitable trajectory, and positioned to fuel hyper-growth on their terms. No forced equity raises on the horizon. 🚀 As always, use webull and trade irresponsibly.😛

@micheal_ws18 Wide grip pull-ups

To all my gym goers… What’s the one exercise that changed your physique the most? 💪🏾

@newstart_2024 He put Dana on TRT and that is how he got those abs. Gary is a great marketer.

Gary Brecka transformed Dana White with one strict rule: “If it’s not on this list, you CANNOT eat it.” The result? Dana went full ketogenic — meat, fish, chicken, eggs, avocado — and only these 5 approved fats allowed in the kitchen: - Tallow - Grass-fed butter - Ghee - Coconut oil No dirty keto cheats. No exceptions. 17-second bombshell — Brecka explaining exactly how he locked Dana into the protocol that changed his life. Who’s tried a “nothing off the list” reset like this? Did the strictness work… or drive you insane? Drop your experience below 👇

@brightafia If you are in a gym for 2 hours, your not training hard enough. 45 min to 1 hour is max if you train hard and right.

I spend up to 2 hours in the gym. I'm still shocked how people spend 30–45 minutes and then go home.

@joeroganhq Agree.

Brendan Schaub says the UFC is dying. What do you think?

@WallStreetApes You get what you pay for.

A passenger on Spirit Airlines catches the company duct taping their plane together “Just give me my money back” I believe this is actually ‘speed tape,’ a temporary fix for aircrafts for non critical fixes

@Micro2Macr0 Long in size. 12 million short against a tiny float. Been on Reg SHO for about 25 days and. Look at the options chain for this week. 👀👀👀 The plumbing will give at some point.

Who else is along for the ride?