jcoryea

@elonmuskTN Single earbud = 5 + Human = 5 + wearing 2 earbuds (10) + watch (2) = 17 x 1 watch (at 2pts per watch) 17 x 2 = 34 (PEMDAS), + 5 = *39*

BREAKING: The $610 Billion AI Ponzi Scheme Just Collapsed Last night at 4pm EST, something unprecedented happened. Nvidia stock rallied 5% on earnings, then crashed into negative territory within 18 hours. Wall Street algorithms detected what humans couldn’t: the numbers don’t add up. Here’s what they found. Nvidia reported $33.4 billion in unpaid bills, up 89% in one year. Customers who bought chips haven’t paid for them yet. The average wait time for payment stretched from 46 days to 53 days. That extra week represents $10.4 billion that may never arrive. Meanwhile, Nvidia stockpiled $19.8 billion in unsold chips, up 32% in three months. But management claims demand is insane and supply is constrained. Both cannot be true. Either customers aren’t buying or they’re buying without cash. The cash flow tells the real story. Nvidia generated $14.5 billion in actual cash but reported $19.3 billion in profit. The gap is $4.8 billion. Healthy chip companies like TSMC and AMD convert over 95% of profits to cash. Nvidia converts 75%. That’s distress level. Here’s where it gets criminal. Nvidia gave $2 billion to xAI. xAI borrowed $12.5 billion to buy Nvidia chips. Microsoft gave OpenAI $13 billion. OpenAI committed $50 billion to buy Microsoft cloud. Microsoft ordered $100 billion in Nvidia chips for that cloud. Oracle gave OpenAI $300 billion in cloud credits. OpenAI ordered Nvidia chips for Oracle data centers. The same dollars circle through different companies and get counted as revenue multiple times. Nvidia books sales, but nobody actually pays. The bills age. The inventory piles up. The cash never comes. AI company CEOs admitted it themselves last week. Airbnb’s CEO called it vibe revenue. OpenAI burns $9.3 billion per year but makes $3.7 billion. That’s a $5.6 billion annual loss. The $157 billion valuation requires $3.1 trillion in future profits that MIT research shows 95% of AI projects will never generate. Peter Thiel sold $100 million in Nvidia on November 9. SoftBank dumped $5.8 billion on November 11. Michael Burry bought put options betting Nvidia crashes to $140 by March 2026. Bitcoin, which tracks AI speculation, dropped from $126,000 in October to $89,567 today. That’s a 29% crash. AI startups hold $26.8 billion in Bitcoin as collateral for loans. When Nvidia falls another 40%, those loans default, forcing $23 billion in Bitcoin sales, crashing crypto to $52,000. The timeline is now certain. February 2026, Nvidia reports fourth quarter and reveals how many bills aged past 60 days. March 2026, credit agencies downgrade. April 2026, the first restatement. The fraud that took 18 months to build unwinds in 90 days. Fair value for Nvidia: $71 per share. Current price: $186. The math is simple. This is the fastest moving financial fraud in history because algorithms detected it in real time. Human investors are 90 days behind.​​​​​​​​​​​​​​​​ Read the full data driven deep dive article here - open.substack.com/pub/shanakaans…

@OpenAI - drop me an invite 👀 openai.com/sora

👀 Yikes 😳 #China

@thesamparr Subscribed. Threshold number is definitely 5M Net worth. Interesting - do more episodes! 🙏

ANNOUNCEMENT: Today I'm launching something that, if done poorly, will make me sound like such an entitled ass. It's called MoneyWise, a podcast that reveals personal finances of high net worth people. The topics being discussed...they can sound super dbag if done incorrectly. Monthly expenses, asset allocation, emotional stuff. These convos rarely happen publicly. I'm lucky with Hampton and my career that I'm able to hear these private convos. But now we'll share some of them with you. And so if you're curious...MoneyWise will be a way to hear conversations that only happen privately. God willing...MoneyWise will be ***tastefully done*** so we have these interesting convos without sounding like asses. Our first episode: "At what liquid net worth did you stop worrying?" One of our guests sold his company for $250m at 31. Another guest makes $15m/year in personal income as a lawyer. We ask them at what number did they stop worrying. Answers were drastically different. Each guest reveals their net worth, monthly expenses, portfolio, and more details (stuff people rarely share!). You can check it all out in the next tweet.

The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.

📣 BREAKING: Warren Buffett's recent portfolio changes at Berkshire Hathaway are out: Fully divested from General Motors $GM, Activision Blizzard $ATVI, Procter & Gamble $PG, Johnson & Johnson $JNJ. Trimmed holdings in HP $HPQ Chevron $CVX. Initiated a new position in Sirius XM $SIRI

After the debt ceiling bill was passed, CBO estimates showed US Federal debt hitting $50 trillion by 2030. Today, we hit $33 trillion and have been adding an average of $1 trillion PER MONTH since the debt ceiling "crisis." Under the new bill, the debt ceiling is effectively UNCAPPED until January 2025. At the current pace, we would see $50 trillion in US debt within just a couple of years. All as the Fed is calling for a soft landing and no recession. What happens to US debt if a recession hits?

Right on schedule: Powell & Co. have officially managed to lose a whopping $100 BILLION - and you're paying for it; difficult to overstate the level of incompetence needed to have a money printer and still lose money; next stop: $200 billion...

LET’S FOOTBALL

@Chadmoneymatter DM me your YoutubeTV credentials so I can save $875 a year 😅👀👏 - you have the 2023 NFL package? 👌

We should "cut the cord" to save money: Netflix - $19.99 Peacock - $9.99 HBO Max - $14.99 Youtube TV - $72.99 Disney+Hulu - $19.99 Amazon Prime - $14.99 Welcome back to the cord!

@khemaridh Not to detract from the other important parts you mentioned but how exactly did you get to Yellowstone Club 👀 #Skiing . Invite me - haven’t been skiing since having our two kiddos 😅

Leaving Wall Street cost me $900,000. Yup, the "Golden Handcuffs" are real. Bonuses are deferred. By definition you ALWAYS leave money on the table. At 35, I said f** it. I want to own my time, surf every day & watch my kids grow up. 8 years later, I'm still standing: I learned a lot about myself, my relationship to money and what it means to lead a fulfilling life. So whether you're stuck in your cubicle, dreaming of a start-up or wondering Is this it - here are 8 lessons that can act as a roadmap for the path less traveled. 1. Do you want to own the successful version? A big motivation to leave Wall Street was looking at peers who were 15 years older than me. They had a great life - second homes, cars, fancy vacations - but it wasn't for me. Not only did many looked haggard, drank a lot and had dicey relationships with their spouses/kids. They were still prisoners to email, meetings and the need to be "always on." Funny enough, it's possible to trade one hamster wheel for another. In the game of online business, you can quickly replicate the need to always be creating, maximizing and optimizing. As I dipped into the world of online courses (and got a taste of success) I was reminded of the question "Do I want to own the successful version of this business?" 2. The "Magic Window" is real I've never had a 9-to-5 job as a dad. In fact, the first time my daughter saw me in a suit, she asked "Why are you dressed like Barak Obama." That same daughter is now 9. And she went from calling me dad - to calling me "bruh." She still loves me, but anytime I propose an activity with her she'll immediately ask "Can my friend come?" I'm so grateful that I got to be there for the bath times, bed time stories, camping trips and snuggles. And excited for the next Magic Window to reveal itself. 3. I'll take Tiny Moments over Bucket Lists Bucket lists are BS. Yes, I've sat court-side for the Knicks, skied a private mountain (The Yellowstone Club) and attended the Super Bowl. All for free. But having spent so much time at home with my family and on my own terms - I've learned that it's the tiny moments that matter. My daughter describing her dream to me in vivid detail. An unscheduled call with an old friends A perfectly cooked piece of bacon. Waxing my surfboard. (And of course, the non-glucose-spiking Skinny Margarita.) It's become clear to me that a happy and fulfilled life is stringing together - and being present - for as many of these Tiny Moments as possible. 4. Showing up is 98% of the game I suck at going viral. I've barely gotten any press. My IG game is weak AF. But one thing I'm good at is showing up. It's my slow grind strategy, where you see most of your peers (I don't view them as competitors) drop out. Some of my streaks: - Snapchat stories: 180 consecutive days - Podcast: 52 weekly episodes - Video Shorts: 180 days - Blogging: 200 consecutive weeks - Newsletter: 391 weeks If you put yourself out there on a regular basis, while adding value (and understanding your customers' needs) - good stuff will happen. Just by staying in the game. 5. I never want to specialize Do you like your coffee to taste the same every morning? Or is variety the spice of life? The best part about entrepreneurship (especially, the creative kind) is that every day is different. In hindsight, it's why I couldn't stay on Wall Street. It's probably why I'll never have a 9-to-5 again. In business, this can be problematic. Many gurus will insist that you "niche down." After all, you don't want your customers to be subject to the whims of your interests and desires. I'll never be able to do that. For me creative expression will always be authentic and from the heart. This will make for a windy road. But it's the only road that I'm willing to take. 6. You'll always worry about money Money is a strange thing. I walked away from a very high W-2 income with a lot of savings. (I also benefited from a massive run-up in stocks since 2015.) Nothing can prepare you for the absence of a bi-monthly paycheck. And the ensuing volatility of your net worth. What's crazy is that when things were going well, I worried about money. And wanted more. When things were bumpy, I worried about money too. Which leads to a crazy conclusion: Worrying about money is INDEPENDENT of the money in your bank account (once your basic needs are covered.) And having coached folks with $50 mm+ in net worth, I can confirm is true. 7. AND it's also easy to make money The Lindy effect says that the longer an idea or technology has been around, the longer it continues to be useful. And while I'm no crypto freak, Bitcoin is Lindy. Its durability continues to validate its existence. The same applies to entrepreneurship. If you show up, add value, act like a decent human and have half a brain - opportunities will find you. This has happened to me via coaching, sponsors, speaking and courses. Pretty much every source of monetization. And even though we're experiencing a bumpy part in our biz, opportunities continue to show up. The harder part is finding money-making opportunities that align with your values. If you're crystal clear about who you work with, under what conditions and on the type of projects you will agree to work on - the opportunity set may contract. 8. Knowing your "Enough" makes it all fall into place On my 8 year anniversary I often look at my peers who stayed. I joked, "Man, even the mediocre ones have tripled their net worth over that period." I look in my town and see people building brand new houses. Others are surfing Kelly Slater's private wave (priced at $7,500 for a couple hours). And some are taking their families to the Amangiri. I say to myself, "Man it would be nice to do those things without worrying about money." But we have enough. Our home is enough. Our beat up Acura, enough. Kids' college, enough. Retirement, enough. (Especially since I plan on doing this well beyond 60). Seneca said, "It is not the man who has too little, but the man who craves more, that is poor." Landing on enough has opened up a beautiful life. One rich with possibility.

👀 Woof. Going to get absolutely smoked on these as forces converge ( ⬆️ rates, ⬇️ demand) 📉 😬🧐 #CRE

👀👀👀 - Quick PSA: Watch this. 🏃‍♂️💨🏦 Can’t save them all @federalreserve - fatal misstep. You’ve altered the risk management department appetite in every institution in a dangerous way.

In summary: Fed lied, banks died. They said rates would stay low. The government sold bonds on that premise. Then they suddenly hiked rates. Crushing existing bondholders. This is how the Fed caused the unrealized losses that led to SVB's insolvency. And maybe that of other banks. x.com/chassnews/stat…

I prompted ChatGPT to build a futures trading model using Python and a Neural Net, integrated with market data from Sierra Chart. The model provides entries, exits and stop levels. ChatGPT is up 46% this week trading ES and ZN. Reply and Retweet and I'll DM the model.

Congress just passed a law that allows you to rollover unused 529 assets into a Roth IRA! But there are some restrictions Here's the details:

Government suggest we retire near age 67. My suggestion is not to take advice from anyone who is $31 trillion dollars in debt.

The US government learned to overspend and print the difference The debt is now $31 trillion and $100 trillion in liabilities The only way out is printing more money But destroying the savings of your citizens will make them angry

@GMA - Can I get in one to two questions please? #DealBookSummit missed some hard questions and his answers hardly clarified what really happened.