Book I'm Reading
Making good headway through this one this week. It helps to skim dry sections with obscure dates and figures.
There are some interesting narratives around the earliest bandits and leaders who organized loose-knit associations of criminals around them to gather power.
Substack I'm Reading
James continues putting out great content and has continued rolling out new features in his web app. The daily recaps are a good barometer for the overall market and it’s fun observing and learning from the notable options trades and charts he highlights.
On Bitcoin
Bitcoin toyed with the 200-week this week and appears to be closing right above it. Bullish, but not by much. This is still an overall downtrend.
Tweets I'm Reading
You have asked me how I feel about AI regulation. All right, here is how I feel about AI regulation:
— Marc Andreessen 🇺🇸 (@pmarca) June 13, 2026
If, when you say AI regulation, you mean the devil’s firewall, the precautionary scourge, the bloody red-tape monster that defiles the innocence of midnight coders in their…
SPACEX IPO: In today's Leadoff Morning Note, we asked and answered the following question: "How many days do traders have to make money on the SpaceX IPO?"
— Darius Dale (@DariusDale42) June 12, 2026
Enjoy this research report, on the house: https://t.co/Ujq6U4vLWZ. This moment is too big to embargo this content behind… pic.twitter.com/kKdJHORaiH
Scott Bessent traded with Soros and Druckenmiller against governments for 20 years – now he's Trump's United States Treasury Secretary
— bodila (@51bodila) June 13, 2026
he generated $10 billion in total profits for Soros:
– $1B collapsing the British economy in one day
– then told Soros about Japan: "a… https://t.co/4h6DZSv1Sc pic.twitter.com/cg2YBXW8Zi
One year ago, Gavin Baker was managing a large AI position. Today he is medium-small.
— Podcast Alpha (@PodcastAlphaX) June 13, 2026
This is not a change in thesis. Baker and @altcap both remain long SpaceX and AI infrastructure. The trimming is about price, not conviction.
CPI at 4.2%. Iran war. Oil at $100. Semis already… pic.twitter.com/eg7lge3FTw
I do not understand, in 2026, why anyone is shorting anything, and I have, over the last several years, watched a generation of intelligent, well-credentialed, technically sophisticated investors set fire to their capital on the short side of a market that has been telegraphing…
— Lee Roach (@leevalueroach) June 14, 2026
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