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"It's the best feeling in the world to see somebody that deserves an opportunity that maybe gets passed over... now on one of the biggest stages in the game." Mike Brown describes how special it is to watch Landry Shamet step up to the moment after his career journey 👏 Game 5: Saturday, 8:30pm/et, ABC
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🚨 THE US REGULATORY SYSTEM JUST BROKE In 48 hours, SpaceX goes public at $1.77 TRILLION - the biggest IPO ever I've been trading for over a decade, and I have never seen them rewrite the rulebook like this Nasdaq, MSCI, and the biggest brokers in America all bent their own rules for ONE private company That doesn't happen by accident Let me show you exactly what they did: First, Fidelity dropped its minimum account size from $500,000 to $2,000 A 99.6% cut Think about that: The most exclusive door on Wall Street, thrown wide open to millions of small investors - days before the biggest debut in history. Ask yourself one question Why do they suddenly want YOU in? Because somebody needs people to sell to. SpaceX reserved 30% of the deal for retail THREE TIMES the normal share And even then, most people didn't get a full allocation. So to grab more at Thursday's open, they're dumping everything else TODAY to raise cash. That's half of the selling you're seeing. The other half? The smart money front-running July. Here's the trick: SpaceX doesn't join the Nasdaq 100 on day one. It joins 15 days later, because Nasdaq cut its own waiting period from 3 months to 15 days Just for this. The moment it joins, every QQQ fund on Earth is FORCED to buy. $22–27 billion in automatic buying. Translation: imagine 50 buses all forced to pull into the same gas station on the same morning. The funds know the stampede is coming. So they're selling now to free up cash for it. Retail selling. Institutions selling. At the exact same time. THAT is your selloff. Now here's the part nobody will say out loud: When the most connected money on the planet builds a $1.7T exit door and hands the keys to the smallest investors in the market… That's NOT generosity That's distribution at the top. We've seen this movie twice: ➮ 2000 Dotcom ➮ 2021 SPAC mania Insiders cash out at insane valuations while the crowd chases the hype. The math ain't mathing. So you've got two choices in the next 48 hours: Chase the most expensive IPO in history at the open… Or read the prospectus and realize you might BE the exit. The next few days will be INSANE, but don't worry - I'll break down every move as it happens, like I always do. Like it or not, I called every major top and bottom of the last decade publicly. I'll call this one too. Many people are going to wish they followed me before June 12, 2026. Soon, you'll understand why.
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"At some point tomorrow, on Monday, somebody's going to do something special right here." @CallMeAgent00 steps onto the NBA Finals court at MSG for the first time. Game 3: Monday, 8:30pm/et, ABC & ESPN
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🚨BREAKING: Somebody put $5400 on Ivory Coast to win the World Cup before their 2-1 win vs France today... Ivory Coast's odds to win the World Cup doubled from 0.3% to 0.6% and he can now cash out for $10,800.00 on Polymarket.
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🚨BREAKING: Somebody named 'Democratic Republic Of The Congo' just put $1k on Congo to win the World Cup... This pays out $1,000,000.00 on Polymarket.
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Jensen Huang reveals two CEOs told him NVIDIA could never cross $1B and $25B — it just hit $4 trillion. "I still remember the first time we crossed a billion dollars," Huang says. "I was reminded of a CEO who told me, 'Jensen, it's theoretically impossible for a fabless semiconductor company to exceed a billion dollars.'" "And then somebody told me, 'You'll never be more than $25 billion because of some other company.'" Both peers were wrong. The miss was generational: - $1B ceiling, missed by 4,000x - $25B ceiling, missed by 160x - Combined error: trillions of dollars Then Huang named what they got wrong: "Those aren't first-principled thinking." "The simple way to think about it is what is it that we make and how large is the opportunity that we can create?" Huang asked a different question. Not what's the market today. But what could NVIDIA create that didn't exist yet? That's the calculation that builds new markets instead of dividing up old ones. The ceiling-setters were stuck inside the existing market. Huang was busy building the next one. A ceiling assumes the room. He was building the room. P.S. I made a playbook breaking down 100+ most powerful decision making mental models used by history's greatest thinkers. 5,000+ downloads. 113 five-star reviews. Grab a free copy here: If you're new here, follow @GeniusGTX for content on the greatest minds in economics, psychology, and history. — Jensen Huang ( @nvidia ), NVIDIA CEO, on Lex Fridman's ( @lexfridman ) podcast
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Elon Musk is building something no platform in history has actually attempted. A system that judges ideas without knowing who wrote them. Musk: “It should be possible for somebody to post content as a new user with no followers, and if that content is excellent, it gets seen by a lot of people.” Every platform before this ran on a single hidden variable. Identity. Not quality. Not originality. Not depth. Identity. Who you were determined what got seen. The architecture didn’t surface the best thinking. It surfaced the most established thinker. It chose pedigree over precision. Every single time. Musk is the first person with the infrastructure, the capital, and the sheer indifference to consensus required to strip that variable out. Grok reads everything. Every post from every account. Zero followers or ten million. No weighting for legacy. No deference to tenure. It measures one thing. Intrinsic excellence. The printing press created publishers. Radio created networks. Television created anchors. Social media created influencers. Every technology of liberation produced a new gatekeeper within one generation. Musk is betting AI is the first tool that can’t be captured. An algorithm with no concept of identity has no incumbency to protect. It just reads. And it surfaces what’s best. If that works, it doesn’t just change a platform. It exposes something about every system that came before it. Every trending page, every algorithm, every feed that claimed to surface quality was never measuring quality. It was measuring proximity to power and calling it merit. We never had meritocracy. We had hierarchy with better marketing. Musk is building the first real one. And the question it forces isn’t whether you can compete. It’s whether your work was ever actually good, or you were just early. Everyone wants meritocracy. Almost nobody has ever lived in one.
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Elon Musk on how to recruit the best talent in the world: "For the really best people in the world, they'll want to know: is what they're doing going to matter? If they spend 10 years doing this, will it make a difference to the world? Will people notice? Will it matter?" Elon breaks down recruiting talent into three core things: As he puts it: "If you want to recruit people that are really talented and driven, you have to state what's the mission, what's the problem we're trying to solve, and just be clearly willing to pour a lot of Blood, Sweat, and Tears into it. And have a convincing argument for why it matters." The three major things for motivation: "First of all, somebody's got to look forward to coming to work in the morning. Are they enjoying the work itself intrinsically? That's very important. And the right work environment can really make a big difference there." Second: "They also feel like they'll receive fair financial compensation. The financial rewards are good and fair." Third, the one that separates good from exceptional: "For the really best people in the world, they'll want to know... is what they're doing going to matter? If they spend 10 years doing this, will it make a difference to the world? Will people notice? Will it matter?" The best talent wants impact, not just income.
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“It’s much more fun to watch somebody you like and admire succeeding than watching some jerk kind of half mismanage some company that’s very cheap.” “It’s crazy if you’re rich to deliberately go out and do a lot of unpleasant things you don’t have to.” - Charlie Munger
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Some asked why I care about a low level race most Texans haven’t heard of. TX RRC makes decisions that affect me, my family and yours. I want smart, experienced “adults” for this job, not somebody just buying favors for their next run. Read daddy L.R. French Jr’s obituary. Quite the man in his day. But unlike his brothers, Bo fell so far from the family tree the only thing like his old man is the hair. His life’s been one long party interrupted by business and personal failures plus two losing runs for office in his home district. Not surprising for an egotistical bully who brags about destroying people, men and women. I know some of them. They’re why I’m here. With enormous family wealth Bo’s never had to actually work or worry about anything. He makes up fluffy resumes, stomps his foot and calls anybody who criticizes him a liar. He couldn’t relate to real people if there was a gun to his head. Texans deserve better. Bo’s fanboy team tells me this election is already a done deal. Apparently he doesn’t need my vote or yours. The big question is can they keep those skeletons in the closet cause Bo French wants to be your governor. Making it easy for you to label and judge me, I’m a conservative leaning Independent raised by East Texas Democrats. I see life from both sides.
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