Apple's Useless AI, Jensen Saves The Market, Saylor's Worst Decision, The "Ozempic Decade", How To Save Pumpfun - Threadguy: June 9th, 2026

Back from a family graduation to a Friday crash everyone already forgot, the Knicks ticket he fumbled by two minutes, and the case against Saylor's $2 billion Bitcoin sale. Then a pump.fun teardown, Jensen's full Korea pump tour, the WWDC Siri roast, Trump floating AI equity stakes, and the IRL events mega trade, from Monaco's peak wealth to the Ozempic fitness boom.

Transcript

SPEAKER_05 0:11

Welcome back to the stream, baby. How y'all doing? How y'all feeling? How are you all living? I was not here on Friday. I had a very special I'm I'm a special situations type of trader and I had a special situation to attend. I had a graduation in the family, so I was in Virginia and it was fun. It was a lot of fun. I didn't pay any attention to the markets, and it was awesome. It was fucking awesome, but man, I missed it. I absolutely missed it so much and is so happy to be back. So it's funny, I was preparing for stream this morning and I was talking to our team and I was like, What's this? I'm trying to figure out like what was this, you know, we go over market close and we go over all the stocks. Like, what's the story of market close today? And I don't even I'm sitting here like I don't even know what the story was, and then we're like, Oh yeah, the market crashed on Friday, like really bad. And everybody's already forgot about it, which is crazy. Like, because I'm sitting here, I was watching the market. I'm sitting here at graduate at graduation, and you know how these graduations are, man, they're fucking, they are long, they are so long and they're slow, and everybody's got to give a speech, and everybody's gotta thank everybody. By the way, they cannot help themselves at these graduation speeches. They talk of artificial intelligence. No booze, but AI got to mention multiple times. It doesn't even say AI anymore. They just say artificial intelligence. They look at you like this. There's absolutely no reason. It's like a it's like a it hits you in the middle of a speech talking about how you're gonna go on to live a prosperous life and it's gonna be amazing. You have a whole world ahead of you. Oh, by the way, AI is gonna change everything you the world as you've known it, it will probably take your job and it might ruin your life, but you have a bright life ahead of you. Like it's like just stop, man. But, anyways, I was watching the market, and that was the biggest red daily candle on the spy for the in duration of the war. Like when Trump was threatening to nuke Iran and Carg Island, we weren't even down two and a half percentage points, and so it was crazy to watch, actually. And the crazier part when you watch a dump like that on stocks versus a dump like that on crypto is on stocks, I'm sitting here like, man, let's go. This looks juicy and yummy. I'm ready to buy on crypto. It's like the world is over and it's never coming back, and all of this shit is useless. Look, we got a lot to talk about. Okay, so I have an event to go to tonight, like a real, like, yeah, it's like a billionaire party, nothing crazy, just like some billionaires hanging out, and you know, they they invited me to the stream, some some finance billionaires, and so I have plans for tonight, okay? But tonight is the NBA finals, game three in New York, and I really wanted to go. I really, really, really, really, really wanted to go. But tickets are like 15 bands, okay? Like to sit in the bleeders. I am super, super, super open to spending money. A couple things I'm down to spend money on. All of them are IRL experiences. Uber black, I'll always do it. Uber eats, I'll always do it. Tickets, I'll always do it. I'm just down. And but I'm sitting here and I'm like, dude, I need to go to this game. Like, I have absolutely got to find a way to go to this game. And so last night I'm laying in bed, doom scrolling, and I get a phone call from like an old boss of mine, and he calls me on the phone. And I'm like, fuck, why is he calling me? Like it's it's late. He's on the East Coast. Why is he calling me? And I pick up the phone and he says, Look, I got an opportunity for you. I'm like, all right, what do you got? He said, Look, I'm selling a Knicks ticket for tomorrow. Way under market. I need to sell it like ASAP. And I'm like, no way. How much? And he's like, 3K. I'm like, how good's the ticket? He's like, it's in the hundreds. What's face value? Face value is 18. Oh my God. Oh my God. Really? And I bring Malcolm just one. And he's like, dude, just one. It's just one. You're the first person I called, and I got you. And I'm like, oh my God. Oh my God. Okay, okay, okay, okay, okay. But I'm sitting here in my head, I'm thinking about, dude, I have this part, I have this event. I have to go to this event. So I text the company chat, and I need like, I mean, I gotta handle this, bro. I need permission from somebody. Everybody's asleep. So I'm in the chat and I'm like, guys, do you think I can go to this? Malcolm, nowhere to be found. Tulip King refuses the answer. I'm spamming, I'm tagging everybody. Can I skip the event? Can I skip the event? It's the finals. Can I skip the event? Can I skip the event? Can I skip the event? 10 minutes pass. Finally, D Nap comes in the chat and he's like, I'm gonna be honest, if it was me, I'm fucking going. And I'm like, I'm going. And I text him back 12 minutes later. I mean, I 12 minutes later. Couple minutes go by, no response. I'm like, Apple Pay Zell, what do you want? Like, I got you right now. A couple minutes. I could do crypto. I actually have cash, by the way. Couple more minutes. I could do, I can write a check, couple more minutes, and I'm like, all right, I'm just gonna go to bed. You know, I'm just gonna go to bed. I'm tired. It's 12:30, but I'm gonna wake up, I'm gonna wake up to Nick's ticket. So I sleep like a kid on Christmas. Trump's gonna be there. Timothy Chalamet is gonna be there. Maybe the actress from Obsession is gonna be there. I'm sleeping like a baby. I only check my phone in the middle of night when I have positions open. I have no positions open, but I but I have a ticket waiting for me. And I roll over and I I that that that fluorescent light hits me right in the face. I have a little tan. I don't know if you could tell because my shirt's tan, I have a little bit of a tan going, and it hits me right in the face. And my my my green eyes and my tan skin are glistening in the the iPhone light, and I I have an iMessage naughty and I click it, and the first message, I'm so excited, and I I look over and I read it, and it sorry, I missed you by two minutes. The ticket's already sold. Yeah, two minutes. And so this is what you get when you hesitate, man. So instead, I'm gonna have to go watch it at a at a party, and I should have I should have just bought it. Anyways, one of my topics today is obviously gonna be IRL events, and the thesis I'm gonna get to when we get to IRL events is that there's infinite ways to make money. There always will be a new asset class, a new hustle, a new idea, a new concept, a new business, a new startup, a new company. But there's a finite amount of IRL events. There's only one US Open, there's only one NBA finals, there's only one F1 Monaco. Like there's only some you can't like create new IRL events. And this is gonna be a mega trend. And I'm I'm getting ready to trade this. I'm getting ready to put a trade on on this. So that is that. Number two is really quick. This is important. This has implications. I don't entirely know what they're they are. But is anyone familiar with Texas Tech quarterback Brendan Soresby? And he bet, I think 50 bets over the course of the 25 season, which is the instant you bet on sports as a player, and you're done. Pete Rose isn't in the Hall of Fame, Terry Rogier's in jail, Jonte Porter is is banned from the league. Like it's it's a no fucking go if you bet on sports. Yes, he bet for his team to win, but irrelevant. He bet. And a a judge in I think Texas just ruled him eligible to return and play college football, which I think is a massive mistake, man. I'm a trader full time, so I don't look down on on sports betters. And I also think that the league is responsible for allowing and forcing sports betting in a way. It's like if you're gonna force sports betting, it's kind of a tough to the players can't bet. They don't get any of the proceeds from this from this thing. But maybe they should get like a percentage, like a royalty if they get bet on, or like the team should get a royalty. I don't know exactly. Should be some sort of rev split. Regardless, allowing him to continue to play college football, I think, is a massive mistake. And then last thing I want I want to do, I want to cover last last intro clip, and then we're gonna do market close. Is I'm calling the the top on Doom Scrolling.

SPEAKER_00 7:15

That's because I don't like to do anything. I like to raw in my house. Because I hate I hate doing anything, to be honest with you. I don't like video games, I don't like doing things, I don't like anything. I like to sit in my house all day and do nothing. Okay, that's what I like to do.

SPEAKER_05 7:31

I also hate doing things, but it's good for your soul. You feel good when you do things. Uh, this clip is like the ideal mental state, the powerful algorithm wants us to be in. Kat has mentioned this before: an ideal algorithm for maximum shareholder profits. It's an algorithm that makes everything else other than itself, such as going outside, seem boring or even scary. Bottom on things, bottom on IRL events, bottom up on activities, and bottom on the risk assets I hold. All right, market close coming in first and foremost. The SPX closes up 0.3%. It was very gross. Friday close. It was disgusting. It was a really good day to take off, and so we get a decent little recovery, but it was not the strongest. Um, it definitely opened greener than it closed, and that's the SPX down 0.3, spy down 0.23 comes at 739.26. Um, the Dow 791 down 0.16. The NASDAQ 100, that had a strong day up two full percentage points. Um, the Cosby had a brutal kind of PA. It was circuit breaker down last night, and then recovered a little bit, and then basically is back to breaker lows. Jensen, the NVIDIA CEO, is on tour right now in South Korea, and he is running the Trump Pumper playbook like no other right now. I mean, he is going fucking hard. Um, but it was a little bit scary, I think, for semis is seeing K and Samsung and in the cause like South Korea get get crushed first. It's probably not the strongest signal that you want to see, but just as this goes up, it will go down, and and vice versa. So that's down 8.3% on his last training day. The Russell 2000 up 1.5, the Q's up 1.5. That had a strong day. The Sox semi-ETF, that is up six full percentage points. Monster, absolute monster at current prices. It is only down eight percent from all-time highs. It was down as much as 13. The worst coin of all time, the IGV, that is down a whopping 0.2%, and then the IBB, which is a new ad onto our list, is the iShares biotechnology ETF, has Lily and a bunch of other bio stocks, which we seem to think are interesting. That is down 0.9%. Moving on, cryptocurrency. Uh, yeah, not great. Uh, Bitcoin 63.1. Interesting spot on Bitcoin. In a lot of ways, I think Sailor made the worst decision possible, which was selling just a little bit of BTC because he did not get to test any liquidity on this thing whatsoever. He did not get to see how much he can actually sell. He sort of just scared potential buyers, scared micro strategy holders, scared Bitcoin holders, and ripped the band-aid without actually putting in the wound. And so, in a lot of ways, you gotta look at this and think to yourself, that was a really dumb decision by Sailor. He should have just sold two million dollars. I think there's another side of this equation that you could convince yourself makes Bitcoin an interesting trade here, which is that for one, at 59k yesterday, two days ago, the bull case was that the number one holder was gonna come out in two days and he was gonna announce that he sold two billion dollars, and that was the bull case. People were ready to bid on that news that the number one holder is selling 10-figure clips, which makes sense. But if you really like sit back and think about what I just said, it's sort of a ridiculous thought that that would be why you would buy is that that's happening. And so, in a way, it's sort of healing that Sailor sells nothing. He actually bought, and then we pump on that news because it's the opposite of what people wanted or thought was gonna happen. There's another way to think about it, which is that it's kind of scary that this selling in a straight red drill line was Sailor buying was that that is not super encouraging. I mean, who who was that? Who was selling in there? Who who who was was selling? I, you know, I had been convinced that there was a lot of longs from this area that were riding the stretch bid that needed to get wiped out and and to get tested. But this one was pretty gnarly. I mean, that was wild. It was it was trading like a bundle, and so now we're in this really weird spot where I think nobody really knows what to do. So that's where I'm at with BTC. I don't have a ton to add to the discussion yet. We'll get to the sailor topic later in the stream. But the current prices we are just gonna be stuck in no man's land, I think, for a little while. Now, one that is very interesting here is hyper liquid, I think looks really, really, really good. This yellow line is previous all-time high, and it's printing a clean bounce. Now, this fractal could get a little bit scary where you could overlay this Zek chart and you see this, and you could get a little bit of afraid on how this pattern is playing out here. However, the Zcash one was obviously what we will call a special situation. So I really like hyperliquid here. I really do like hyperliquid here. Um, Citrini put out a really interesting post of he called it the non-custodial anecdote to FTX's failure. But there is some discussion amongst all these posts about the bridge, and please God, do not allow Mythos to fuck with Hyper Liquid at all. But that's not even something I'm really gonna think about right now. I think hype looks really good. I think I had a nice little bounce. I don't have a position. I rage sold on Friday along with everything else. I sold Marvell at 300. I sold hype at basically this price on the way down. I sold Zcash that I held. I sold VVV, I sold everything on Friday because I was just like fuck this shit. And I'm maybe down to re-enter at some point higher, but for now, I do not have a position in hype, but I think it looks good and it is remained very exciting. Outside of that, we have Zcash, we have VVV, we have Nier on our big majors alt. Other crypto majors 1682. Disgusting. Absolutely horrid. Now I think the worst one of the bunch is Solana is retesting this level. It's flipped into resistance, and it does not look good. Um, it got as low as $60 on Solana. Very, very scary. Anyways, moving on. Stretch is at 96 chart with horrid. This thing got as low as $90. Let's do a quick eck in. I don't think they got to buy any no recent filings. Okay. Bond yields up across the board. Okay, metals, Chads. Where are you? Gold flat on the day 43.27. Silver looks pretty bad. 68 flat. And then the one I'm the most interested in that still is chopping, wants to do something, isn't ready to do something yet, is copper. All right, moving on. Oil crude comes in 91.36 a barrel up one percent today. Brent 9334 a barrel up 1.74 today. I trade most of it on hyper liquid. Um, Palantir only defense that's green. It has printed a pretty gross chart up 0.69, and then everything else defense is red, red, red, red, red, red, red. All right, what everybody's here for big AI, semis, a little bit of SAS, a little bit of mags, a little bit of everything in between. First and foremost, Cerebras has a monster day. It's up 18% today. Why? Open a cloud deal powering cerebrus stock higher. Um, Cybe, that's up back to $90. Shout out to Serenity. Uh, Robostrategy is a monster. Daily gain of like three days in a row. It's up 11.4%, is officially up 47% since Andrew Kang announced he is the CEO of RoboStrategy. It's up about 20% since I interviewed him. And I'm gonna be honest, guys, I will look at Apple very soon. I think the RoboStrategy play is very interesting because I got pretty excited about it. I didn't make a trade, but I got pretty excited about it because I think there is infinite demand for the robotics exposure. There's really no way to get it, at least at the moment. And now there's the MNAV stuff, of course, but it's sort of like a robotics bottleneck, if you will. And he said this thing on the stream that really got me excited, which was that the market cap for all of Pokemon cards, $50 billion. The market cap for all these robotics companies, these small not counting uh Optimus, Tesla, but like Figure and all these companies is 200 billion. So we'll see. I haven't done anything with it. Does anyone hold a position in this? So Intel up 12%. It is still definitively below the Trump TL screenshot, which is interesting to see. Um, Micron is up 81% since the air mass entry, up 10% today. Marvell, I re-entered Marvell. Um, I bought some that I bought a little bit more higher than after market close. No real thesis on this. Maybe this is uh me falling into my trap of being bored and I should stick to special situations, but I don't know, man. I I uh it got the so I sold it on Friday at 300 was a good trade, five-figure trade. I entered on the Jensen buy at 256, and then I've re-entered at like 294, maybe. I don't know, my wallet's public 294. Um, yeah, so Marvella Technology jumps up to 9% pre-market after it loses it will join the SP 500 index, which is a big deal, man. I mean, there's just the you get the passive flows, you get huge passive flows, and so that was a cool little pump that it got. And I don't know, it feels like everything was down. I wanted to get a little risk exposure and I started bidding. So I uh I don't have any real thesis. Maybe it's a bored trade for me. So if you're tailing me, be very careful. I'm just kind of flipping in and out, but that's Marvell ASML up five, Sandisk up five, AOSL, the D Gill stock. That's up five, AMD up five, Tesla up five, up a lot from the pit average short, Rocket Lab up three, Broadcom up three after almost destroying the fucking market, man. Apple down two percent and printing a pretty nasty candle after their WWDC. Yeah, pretty bad closes across the board. This is down five from ATH, Adobe down three, Bloom Energy down four, and then Virgin Galactic holding SPCE. That's down six. Moving on to a couple of our more fun consumer names. Enhanced games up 40 today. Why? No way anyone here holds this. I ran up. That's up 10. Coinbase up six, micro strategy up six, hims is up four, iBKR is up three, Robinhood. That's up three. Charlie's decent. Um, Rivian up three, sofi up three, Lululemon up three, circle up three, and be up two, Ferrari up 1.3, biggest losers, Nebious down four, figma down three, doordash on three, snapshot down two, Pusa down one point five. Real quick, check in on altcoins. Don't mind if I do. Galaxy, that is up 22% today. Crazy. Um, parachain, second leading gainer. That's about enough for me to click off. Zcash is wow, pretty nice, a nice uh 466. Would you look at that? Maybe a short entry if you hate it. Um, taunt up four. Uh Jito's the other one that I think looks pretty good. Does anyone have Jito exposure? I would like to cover this actually. It's up 2.3 today and looks pretty interesting, actually. On JTO. Jess is up 250k on C Cash Long. Wow, mugged my position. Um, really quick on chain check-in cards at 45. Neat, that's at 25. Scam Altman, 200k. Zia 20 mil. Roll 77, a little bit of a balance across the board on alt on memes, but nothing too notable to write home. All right, we have a lot of topics that I want to talk about today. We're gonna just rip through some stuff. There's only a couple crypto companies that realistically have a chance at this stage, I think. And Pump Fun is one of them. And I mean, they have how much money they have 500 million dollars, they have more tokens at all-time lows, and I don't envy their position that they're in. It's a very hard spot that they're in, but they basically have not done a single thing good since launching in January 2024. Like, I mean, they haven't done one good thing, and I love Pump Fun. I love Alan. I think I think Alan is one of the great minds of our generation, they'll make movies about him. Seriously, I think I mean he's undeniably changed the world for better or for worse. Do I think it's good for crypto? Uh, probably not, but what does that even mean exactly? Like, he just is one of the founders of our generation that will be mentioned in the the long haul. But they just made this, they just shipped this video, and the product is live, and I think it's one of the worst things I've ever seen. And I want to talk about it briefly, but I'm gonna go to the book. For the entertainment of like 16-year-olds on pump fun. And it was kind of just I kind of like, I don't know, I'm not really a holier than thou type of guy, but I think it's kind of disgusting, bro. I'm not really one of like I'm a crypt, I'm a trader, like I'm here to fucking make money at any means necessary. I don't give a fuck about you or your feelings. And so I sat here and I thought about it. I'm like, all right. You mean how does this end? This ends with like porn and death, anyways. That is pump fun. All right, moving on. Uh, we have a bunch of stocks to talk about. First and foremost, quick war and oil segment. I know everyone's sick of hearing about it, but we did have some, I would say jarring. escalations that happened over the weekend where there was escalations where Israel was attacking Lebanon. Have you seen the current bounties on Pump Fun? No, I haven't. How do you find them? Uh actually I want to see that real quick. God, these are brutal. Beat a world record running in a meme coin mascot. That's pretty cool. Organize a neat march throughout NYC. Interview a billionaire on biological intelligence. Get IShow speed to talk about toes coin. 6k that's gonna happen. Host the best butt contest IRL for 5k be kind to 10 strangers for 5k. Not worth it. Be kind to 10 people would rather fucking pay you 5k and do that shit. Interview random people asking for toes rating 4k spray meme coin car and explode or set it alight for 4k blow up a car for 4k say thoughts on chill house 100,000 times for three $3200. That's decent how how long would it take you to say it 100,000 times quit your job on camera for 2900 this is brutal. Brutal stuff. Anyways war and oil war and quit your job for 3k no how long would it take you to say chill house 100,000 times thoughts on chill house thoughts on chill house thoughts on chill house thoughts on chills thoughts on chills thoughts on chills thoughts on chills thoughts on children it would take a while I would not that's like that's like a penny per like it would take day three days. Alright so there's escalation Israel strikes Lebanon and at the same time I don't really know why we dumped on Friday I think everybody was just like freaking out I don't know I think everyone just a little bit like ah we're overextended there was some escalation and there was a quick moment there there was a moment where it felt like oil was gonna really go up like I for a second I was like oh man pee pee poo poo is about to be the next flood rule number one chat what is rule number one what is rule number one of the pit what is rule number one always always always always always always fade war I think it's pretty rational to always fade the thing that the entire world is incentivized to see go down. And maybe not fade the thing that the entire world is incentivized to see go up which is how this is played out so basically immediately after we get some Trump announcements which says both sides Israel and Iran are looking to do an immediate ceasefire. Final negotiations on peace are proceeding subject to ignorance or stupidity getting in its way the blockade will remain in place and in full force and effect until a final deal is reached things should move quickly thank you for your attention to this matter President Donald J. Trump the thing about it that was so funny too is that the Trump and this these announcements came out like 15 minutes after oil started pumping like fast 15 minutes after I mean Trump's while I mean they're what like they are watching the 15 minute candle they're watching every close every every candle close they're they're they're on it and so then they're holding fire in Iran Trump tells Axios Irani strikes didn't hurt anybody hopefully Israel is not going to retaliate each of them had their fun Israel had it strike and Iran had a strike we don't need another one this is the state of oil bulls right now which is quote bulls would be sucking dick for firewood Calvin is most recent tweet we do have a polymarket announcement which is straight of four moose traffic returns to normal by the end of June and this thing is down down down 10% chance 28% chance for July and 75% for December we have a bunch of stocks to talk about let's start with Jensen today. So um so market was pretty red on Friday I also bought Marvell as a Jensen long last week and it's so Jensen's been on this Asia tour and he's in South Korea right now. And yesterday I guess today but technically yesterday the uh Cosby South Korean index opened circuit breaker down crushed and it's been looking toppy and people have been a little bit afraid and Jensen has basically just gone completely KOL mode and I feel like he didn't used to do this Trump has always done this at least as I recall Trump has always done this stocks stocks are a buy after uh Liberation Day stocks look look good here buy stocks buy stocks now he's very comfortable talking about stock prices Jensen I don't think as much but he's super incentivized to see these memory names these like CapEx beneficiary names go up and it seems like the switch has flipped and all he wants to do right now is talk about stock prices and so this is the most recent video in this and so so um uh with respect to the stock price everyone should be very excited they can now buy stock at a cheaper price they can now buy stock at a cheaper price Jensen Wong and and uh and it's absolutely true that the future AI is very bright is completely it is a foregone conclusion that AI will be infrastructure for the world just like internet was infrastructure for the world this infrastructure is in the beginning of the buildup we've only been building infrastructure for one year and so we have many years of infrastructure build up this is some real bad work so then basically immediately after that NVIDIA and SK Heinex announced a multi-year technology partnership for next gen memory aligned with NVIDIA's AI infrastructure roadmap SK Heinex will co-develop memory for VeraRuben AI supercomputers Vera CPU's RTX Spark PCs and Jetson Thor robotics platforms the partnership also includes using NVIDIA QDAX and physics Nemo to accelerate chip design and simulators plus omniverse digital twins for autonomous fab operations so he goes bullposts long Korea immediately followed by SK Heinex partnership and then there is this announcement as well yeah this is crazy look at this some real KOL shit okay I came to Korea because I think this was yesterday right before the SK Heinex announcement business is booming business is booming booming booming bang like PC bang bang okay business is booming and Korea is doing very well and Korea my partners here in Korea very important to me so I came to Korea to thank them to celebrate with them and to congratulate them why did you go to Korea he he understands they need to max extract from Korean retail which is the hottest buff capital on earth for the money's gotta come from somewhere such an incredible year you're welcome my friends here this is crazy had a very good year but this is just the beginning as you know video introduced four new products this week Vera Rubin is the next generation for AI supercomputers number two we introduced a brand new CPU called Vera Vera is revolutionary this CPU will use a lot of memory also you see Jensen passing out GPUs at a party and signing them and giving people one of one GPUs LPDR5 number three we introduced the first new invention of the PC in 40 years called RTX Spark. We're gonna revolutionize the PC reinvent it a brand new time a brand new line we call it RTX Spark RTX Spark needs a lot of memory PDDR5 a lot of memory and then one more thing NVIDIA introduced a brand new line of robotics processors that's the tweet that we just read but man he's going KOL mode really hard okay open AI confidential submission of draft s1 which basically means if I understand correctly they're setting up or making a formal step toward IPO after months of preparation with banks like Goldman Sachs and Morgan Stanley the following follows rival anthropics June 1 confidential S1 and SpaceX's earlier uh prospects accelerating the 2026 wave of major AI and tech public listings open AI has eyeed a potential September 2026 debut with a multi billion raise in valuation approaching one trillion shifting from its nonprofit roots to meet massive capital demands for the AI development and then there's a follow-up announcement open AI has not decided on timing of IPO yet oh man it's coming it is fucking coming you know I read this I listened to this Stanley Druckermiller interview the other day it was kind of old and he was talking about how like there's a couple year period where the world rapidly changed rapidly changes and society doesn't catch up to it and you can sort of trade that trend and one of the eras he talks about was when the Berlin Wall came down and then one of the eras he talked about was when Trump first got elected as president 2016. And it feels like another one of these eras is post LLM explosion but maybe more specifically post tax extract IP they're coming they're fucking coming and I don't really know what I'm gonna how I'm gonna trade it but they're coming in succession bang bang bang openai is coming anthropic's coming right before it and right before that SpaceX is coming this week this fucking week bro on other news Apple WWDC was today and I think people were pretty disappointed by it I don't know what they usually I saw Malcolm make a comment no new Mac mini release I think people were relatively disappointed by it but I I think what they shipped was kind of interesting. So market hated it Apple got crushed it is down two percent intraday and then down half a percent after hours I have not actually watched the demo I have this thing right I can't watch anything because I want to prepare for stream but I have a Frank tweet which we need like only thing I would say markets in the summer I don't fully agree but it's interesting and one of them is Apple entering the AI race properly. So Apple's an interesting one because they basically have zero capex spend at all they're not a major lab. They've built nothing AI related their tools they use still suck. Apple intelligence has really done nothing series of joke but the thing about Apple is they dominate hard consumer hardware and so I think they got really like left behind people were neglecting Apple for a while and then they started thinking about like oh fuck Apple has hardware in the hands of every person in the world basically at any moment labs get commoditized they could just plug and play the best model into their phone or into their Macs or into their minis or into their PCs and all of a sudden you have unbelievable tool and so then I think it's the narrative started to get really interesting Apple becomes all-time highs once again and I think people are kind of waiting for what are they going to do to integrate AI and so this is this is a clip from WWDC today where they demo Siri's power new Siri AI powered by Apple Intelligence aka Gemini distillation.

SPEAKER_01 33:00

With Siri you'll notice how it looks fluid get more done with Siri you'll notice how it looks fluid and intuitive with a brand new design that reflects the power of Apple Intelligence. Let's take a closer look starting with how Siri is a much more capable assistant. I want to get right into it and show you a few things that you can now do with Siri in your day to day let's start with something simple but super useful.

SPEAKER_05 33:19

At the current moment Siri is the most useless product that is in active development by any major tech company in the world's the most useless product in the history of products.

SPEAKER_01 33:28

Say you heard about a local concert when's that Suki Waterhouse show in SF Siri can draw on current world knowledge to ground its answers to your questions. Okay looks like the concert is on July 26th how can I get tickets? Okay you have to enter a lottery to get the tickets remind me to sign up when the lottery opens I don't know Suki Waterhouse this shit is ass though. Okay got a reminder. Did it not already do this? Now let's hear one of her new singles reminders, music, the things you'd expect Siri to do, but now that much more capable. Let me show you one more example of Siri helping me to get something done using my personal context. Show me photos from up in Shasta last weekend Siri is searching through my photos to find the ones from my family's recent ranch trip.

SPEAKER_05 34:13

This is ass if Siri ever comes out on my phone it's a it was something something went wrong. If I ever accidentally get a Siri pop-up something was something happened wrong. I I mean what I think people want is they just want open claw native to the phone right that's obviously what you want little little little top corner click it talk live you just want open claw on your phone that's what you want you don't want telegram you don't want it to have to turn it on and off every time you just want open claw to run locally on your phone and be good. That's it I think it's like very simple. And then all this that phone is worth like three bands. I would pay ridiculously large amounts of money for that phone. I mean I I don't know I would how much would you pay for that phone? We'd pay a fucking lot I have one other video I want to play that I think is very interesting. And the US government is going activist right now.

SPEAKER_06 34:57

And so this is a big announcement I think this is maybe a bullish announcement for upcoming IPOs etc especially after how Dell, IBM Intel have traded President Trump said the administration may consider taking equity stakes in US AI companies he also said that AI executives could come to the White House as soon as next week we gotta watch this as a concept out there is so much money and it's so big that there are concepts where pieces could be given to the American public where the American public essentially becomes a partner with the company with the companies I have fucking all of them very interesting where it becomes a partnership with the American in the future in the free future with all of the companies we're talking about where African people can benefit from the success of AI and by doing that they're gonna like it better.

SPEAKER_05 35:58

All the big they're all coming to the White House probably next week I'm kind of bullish on this really you have to be I think uh the White House has basically told you that anything they put their hands on they're gonna for they're gonna force it to go up. And so all CapEx spend is is good as guaranteed and you gotta imagine that what's happening with Elon and the way they're rolling at the red carpet for SpaceX IPO they're gonna do the same thing for Ethropic in opening so what if they just do it like Intel um so that was Trump announcements I think uh yeah I think it you gotta just remain optimistic about his ability to to pump this market. Now what the fuck are we gonna do when three IPOs hit this is crazy what came out today is Leopold Aschenbretter who has made himself I don't know the face of finance his fund situational awareness assets have jumped to about 20 billion dollars 20 billion dollars I think it was 13 beginning of Q1 they gained about 270 this year through May and the Enthropic investment is now about 20 of situational assets 270 this year bro he's on I mean he's like they're gonna make many movies about this fellow his fund is now as big as Bill Ackman's Pershing Square and Dan Loeb's third point since inception he's had no professional investing experience and it's crazy man everybody had so much to say about his 13F and what he holds and the way that he's trading had so much to say about his 13f and he's just mogging every manager. F1 Monaco this weekend I don't know if my timeline is just fried I feel like was on a different level for wealth I've never seen anything like it actually I I I can't bel I I I cannot say that I've ever seen anything like it. I think it was like a blow off the top of everyone's rich and everyone knows everyone's rich. And fled made a tweet about this and I have it right here. It's a good way to start this little segment iron events he said feels like we're reaching peak wealth awareness for normies and I know that it's like this every year but it's being like mega church. It's kind of similar to the St. Bart's New Year's thing how do they all have this much money? Who are these people? And so Tuluking I said that's on Morning Call and I loved it which was like there's infinite ways to make money and there's forever expanding methods of making money like the online casino thing is a new thing. How many how many like billionaires exist from online casinos and that was not a thing that they would have done before and I'm not sure you can confidently say that the on the online casino founder now would have been a billionaire in some other industry before like I would argue it's just net new wealth. It's like look at the M2 supply it's just net new wealth being added and there's infinite net new wealth opportunities in the world and there's only a finite amount of events like there's not new things to do. And I don't really think there's new things to spend money on. And so from this thought process it's like okay the next the cheapest ticket the next game for tonight is like eight thousand dollars and the F1 thing had me thinking about it where I was just like man I uh this is wild it feels jarring and I think that this IRL events thesis is gonna really like I just think it's really gonna play out. I think I think there is just this societal wide desperation feeling of fuck I want to do stuff again. I think the older generation that now has money grew up doing stuff. I think the younger generation that grew up on like doom scrolling wants to do stuff and I think zoomers want to do stuff. Man like another actualization of this is uh movie theater and so I've really thought about it and I'm just like man there's M2 up only there's infinite ways to make money there's infinite ways to flex on the internet everybody flexes on the internet none of it's real everyone's sick of none of it being real I think AI really blows this trend out of proportion like I posted the photos of me in my suits on my Instagram and all these girls hit me up and they're like is that AI what AI hyper accelerates this trend they all hit me up and they're like is that AI and I'm like bro AI is good but it's not that good and so in a way I think the underlying thesis here is that the bar to flex has become zero because everyone's like oh it's just AI. It doesn't even remember when everyone was posting those videos of them the AI videos of them in the the stands at the baseball games and that was like the viral trend everyone was like was posting them at the at baseball games that was the viral trend is that AI everyone's asking me. I'm like man it's good but it's not that good and so in a way the bar to flex has become so low that you can fake it so easily that people are like fuck this the real the guys that really have it are like I'll just go do it IRL fuck you I'll do it IRL you can't fake the suits IRL because you see it with your own eyes. You can't fake the suits you can't you can't fake this look IRL you can't fake urman earrings IRL and I think when you really break it down it's like man there's only so many things there's a finite amount of things you can do in the like what can you really you want to go with your friends what can you really do with your friends you go to a sporting event you can go to a restaurant you can go to the movies you can go to a bar you can go to a club you can go to a lounge they all involve drinking and then you can do physical activities. You can play sports you can walk you can bike you can go to the gym you can you can run there's like 20 things you can do in the world okay uh half of those involve athletic activities and this is the real thing clubbing standards have been replaced by fitness and wellness people used to party to socialize and date and I do things like high rocks bathhouses and running rapes I don't know about you all my athletic high school homies are competing in high rocks they're all doing high rocks all of them like every homie I knew from high school that played a sport and was good and is still in shape is like yeah I have like a high rocks competition in three weeks. Every single one of them all of them the ones that don't they got Strava they they're in the run clubs or they're like competitive bikers or they're rock climbing and so there's like dude there's like two things to do there's like athletic stuff to do and then there's like the generate stuff to do. And that's basically it. And the thing about it is I don't think you call the top on the athletic stuff because in a way this comes back to the GLPs societal change bro is happening. Everybody's skinny now nobody's fat anymore fat people are like not really a thing anymore or not as common as they used to be because everybody just takes REDA or everybody just takes GLP once. The amount the percentage of the population that's overweight is gonna go down only it's gonna happen slow. It's gonna happen slow but it's gonna happen. Brother no no no it's is it or is it not gonna be down only when you can just take a pill and lose weight it's down only obviously it's down only they exist of course also if you go to middle america of course but they invented a magic fat loss pill obviously the percentage population that's fat is gonna go down this is like a fat I mean this is like simple supply and demand technology advancement. This is a decade trade I think and there's like okay there's like five ways to trade it I think okay number one is um formula one stock is a decent one I didn't really realize that they had they were a stock but Formula One it's a 21 billion dollar company it's an it I didn't even know this was a stock. It's an interesting one too because it's formula one and it's a social experience it's not the best social experience but it's become like the prestige barrier for like car companies Cadillac has a team now Audi has a team now everybody has a team now for Formula One and so it's like a dual wielding type of trade another one that I think is very intriguing right now is StubHub is pretty crazy. Where do you buy tickets from StubHub it's a four billion dollar stock their forward PE is like 16 it's fucking low and I buy all of my tickets on on Stub Hub every ticket I've ever bought I buy on Stub Hub Live Nation is another one it's worth 37 billion dollars though stock looks really good. It's worth 37 billion dollars UFC is also an interesting One because it's it's uh in a lot of ways, like Formula One, it's like the male version of like the celebrity pop-out. They have an they have an entertainer problem though. I fully agree. I fully agree. They have a problem, they have a superstar problem. They have no star power in the UFC. John Alley sucks. The best fighter in the world, the Dagastanis, they're they're boring to watch. Sorry. John Jones doesn't want to fight anymore. Israel is not good. He's way past his prime. McGregor sucks. Can't fight. I don't even watch UFC. I know this shit is fried. All their best fighters are no good, and they're not superstars. Strickland is solid, but he's not marketable. You can't market Sean Strickland. They have no stars. There's no star. Well, I'm gonna get there in a second. There's no stars in the UFC. There's nobody, there's no casual stars. Connor McGregor was the best thing they had. Liga Tapora, fine. Pereira, fine. But like these are not Alex Pereira is not a global superstar. He's just not. He's not like an American star. He's just not. I'm sorry. He's not. Normal people do not know who that is. They don't. Normal people do not know who who that is. You need like a LeBron, you need a Wemby, bro. They don't have it. They need a Mike Tyson. They need a Floyd Mayweather. They need a Connor McGregor. And they don't have one. But what they do have is men love this shit. And it's like, it's like uh they need an American star or like a star in America. You need Ronaldo, you need a Messi Bappe even three years ago. But what they do have is celebrity star power. They have celebrity fucking star power that go to these events. The streamers, the president loves to go. Like they have celebrities.

SPEAKER_01 45:38

New construction is underway for an unprecedented spectacle.

SPEAKER_00 45:41

Yeah, the octagon is coming to 1600 Pennsylvania Avenue.

SPEAKER_03 45:45

I think it's gonna be the biggest event we've ever had. There's gonna be 4,300 people there, and most of them will be military. It's gonna be a one-of-one type of show.

SPEAKER_05 45:53

This is the hottest ticket in town.

SPEAKER_04 45:55

This has all of the ingredients needed for the biggest fight in UFC history.

SPEAKER_05 45:59

So I like it, but I just am not UFC just doesn't do it for me, man. I I cannot force myself as much as I've tried, I cannot force myself to care about the UFC. That leaves three other trades. Number one, AMC. I'm obsessed with this one. They opened this new can of worms of super cheaply produced YouTuber-led movies that already have an established audience. They don't need to pay massive budgets for these franchise IP dogs. Nobody wants to watch another Star Wars movie. Nobody wants to watch Marvel. We're done, we're done with a billion, trillion, hundred billion dollar production budgets. It's potentially the new era of like influencer-led media, and it could be huge. I'm watching the Odyssey, I'm gonna watch this obsession, and I'm gonna watch Backrooms. But their revenue this quarter is probably gonna be gross. I I think movies are back and it fits into the IRL thesis. I fucking love AMC. Like I'm thinking of a basket here where I just put a bag into spot stocks and I buy I buy IRL like Live Nation, AMC, and this, which I didn't even know was a stock, bro. Madison Square Garden Sports Corporation. Look at this. Yeah. Uh-huh. Yeah, it's worth $10 billion. Look at this trade. 4p25. It's not that expensive. What does Madison Square Garden own? Wait, they don't own these teams. Wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait. They don't own the Knicks, bro. Are you serious? They own the Knicks? Hold on, hold on, hold on, hold on. Everyone take a fucking breather. Take a breath. Take a breath. Take a breath. There is MSGS, Madison Square Garden Sports, and they own the Knicks and the Rangers. There's MSGE, Madison Square Garden Entertainment, 3.5 billion. They own the Garden Venue, Radio City, Beacon Chicago Theater, and the Rockets. MSGE. Let's check that out. Fuck. Why can't you just make it one thing? And then there is the sphere. The Las Vegas Sphere plus MSG Networks. Why can't they make it one thing? There's also up only. That's worth $5 billion. MSG, MSGS. This is probably what you mean if you're thinking Knicks stock. They own the Knicks, the Rangers, the Westchester Knicks, the Hartford Wolfpack, and the MSG Trading Center. MSGS is assets include the Knicks. Okay. How do they make money? Tickets, suites, sponsorship, league distribution, local media rights, merchandise licensing in the playoffs. It's not an earnings store. It's a private market franchise trapped in public stock. The Knicks are scarce trophy assets. Okay. The current catalyst is that you can trade them cleanly. Second is MSG Entertainment. This is the venue and live entertainment company. They own Madison Square Garden Arena. So you don't have to bet on the Knicks, you can just bet on the arena. Radio City Music Hall, Beacon Theater. I don't know what any of these are. What is Radio City Music Hall? What is Beacon Theater? The Chicago Theater in the Rockettes. The Rockettes? What the fuck is a Rockett, bro? And inspire. I'm not retiring on this. Um, go watch the Knicks. Hey, you know what they say, man. Everybody better than Jalen Brunson till it's time to be Jalen Fucking Brunson. I'll catch you when I catch you on CY2. Have a great rest of the day. Love you.