Breakaway - Investing & Finance

Markets, Tesla, SpaceX, AI, Anthropic, Jeff Bezos, Politics

Episode 108

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0:00 | 49:21

Corrections! 

  • Not 10m Satellites: 10,000

Golf

  • I suck. But I will persevere. 
  • What is the point, if life is so stressful otherwise. GOOD Questions. 

Politics

Play You can’t earn $1 billion.  AOC is so stupid and un motivating. 

Play. Bezos response

529 Plans: 

  • Nuances of 529s
  • Good problem to have. 
  • Dealing with Apartment costs exceeding “allowed” cost of housing. Total BS. 

Markets

Booming!!! 

ATH: 1 year: 

IGV up 18% since I bought: BOOM! 


Secondary Markets for Private Companies

  • SPVs and LLCs buying interests with underlying shares in private companies is risky.  WSJ article here.
  • My experience. Risk on, but understand it. Likely cash back, but may not get shares. If cash, taxable. 

SalesForce 

  • Mark is All-In on the All-in Podcast on AI. 
  • Play 40.00 Mark talking about the AI power of SalesForce, Slack, etc… 
  • FAR FROM DEAD.  

Inspiration from Chamath on Time and Positivity. 

Key to winning:

Choose to be positive and grateful. Then, just keep at it. Time is the great compounder and will do the rest. So many people just don’t have the discipline to stay positive and grateful. Then time compounds the bitterness instead.

Same with Finance and Investing. 

Tesla 

Tesla Berlin Manufacturing Video

Tesla FSD Safety Data.

SpaceX

Launch in a couple of hours!! 

IPO update. Allocation. $1.5-2. I’ll bet it goes to 3t.  

SpaceX website here. 




SpaceX and Anthropic


AI


OpenAI Lawsuit. 

  • Basically came down to SoL. Meaning he had 2 or 3 years to file. He knew about and went along with it for quite some time. 
  • Though I am a Musk fan, I agree with the simplicity of this. 


AI personal Story

  • Golf. 
  • Used Claude to interpret all stats and provide thoughts. 

Politics


Fraud: 

Spencer Pratt