▼ 大咖热点智读59 条

📄 When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 🕐 2026/06/20 18

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📄 Gold and silver prices are falling. Q: Am I buying or selling? A: One mistake I have made (and I’ve made many) is letting price determine reasons to buy or sell any asset. I have learned to understand the “context” or the environment the asset is in….not the price. 🕐 2026/06/20 22

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📄 Bull markets have lasted 5x longer than bear markets on average. Bulls: +254% over 5 years Bears: -31% over 1 year Markets spend far more time growing wealth than destroying it. Why interrupting compounding is the biggest risk of all. 🕐 2026/06/20 05

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📄 In May, the U.S. government spent $628 billion yet collected just $335 billion in taxes. That means that balancing the budget would require taxes to almost double. Since that won't happen, massive money printing will cover the shortfall, sending consumer prices doubling instead. 🕐 2026/06/20 23

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📄 Agree - everything in hard tech is more difficult than software (especially in bio where we barely understand how it works) Arguably the best way to do a biotech company is: 1. make a billion dollars in software 2. self-fund the biotech (at least in part, to de-risk it) 🕐 2026/06/20 07

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📄 The US Strategic Petroleum Reserve is now at its lowest level since July 1983. Over the past 5 years we've seen a drawdown of 285 million barrels (46% decline). 🕐 2026/06/20 21

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📄 13 of the 20 worst-performing stocks in the S&P 500 this year are software and related services companies. The market is treating AI as an existential threat to large parts of the software industry. Opportunity or value trap? 🕐 2026/06/20 23

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📄 The good news for 20 and 30-year-olds: Elon Musk made 99.9% of his $1.2 trillion net worth after turning 40. The bad news: You are probably not Elon Musk. The great news: You don't need to be Elon Musk to live a fulfilling life. 🕐 2026/06/21 03

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📄 As a result of ceasefire violations by Israel in Lebanon, Iran has announced that the Strait of Hormuz is NOW CLOSED . THANKS TO THE US-ISRAELI MISADVENTURE IN IRAN, IRAN HOLDS THE SWORD OF DAMOCLES OVER THE STRAIT OF HORMUZ. 🕐 2026/06/20 22

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📄 From 100% Cash to 100% Stocks: Total Returns, Volatility and Drawdowns going back to 1928... 🕐 2026/06/21 00

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📄 20 stocks in the S&P 500 have doubled this year. 19 are AI-related. This is the type of narrow leadership often seen during speculative manias. 🕐 2026/06/20 21

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📄 The US-Iran MOE is a pause that gives temporary relief. Oil prices slumped. They will rise again. It will take time to restore shipping logistics, repair energy infrastructure and rebuild depleted oil inventories. THESE 3 FACTORS = TIGHT OIL MARKETS. 🕐 2026/06/20 13

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