Open

• Gov of Illinois Pritzker. $1.4m in gambling
• Sen Jon Fetterman making “based” comments. 

Up Next

• Palmer Lucky on Joe Rogan
• Breaking 50 with Steph and 

Security

• US Bank Sharing:
  • Coinbase
  • Carta
  • Intuit

Markets

Yes there could be a crash. But remember economy is not same as Stock Market

Gold/Silver/Bitcoin

• Debasement of Fiat?
• Sign of mania!? 
• Foreign governments buying. 

Nvidia

• Jensen Huang 50 direct Reports. From 2023
• Every employee should have AI agents. Multiplying productivity by 10 to 100 X.

Crypto

Leverage in Crypto. 

Last Friday: Bitcoin dropped ~$121k - 110. So 10%.  

Crypto Bets

$19b wiped out. 

2 Accounts made $160m placing bets minutes before Trump News of China. 

Leverage in Crypto Exchange

Reports: Specifically, around 1.6 million traders across major exchanges (including Binance) got wiped out on their leveraged positions, with over $19 billion in total liquidations in just hours

Tesla

From TeslaBoomerMom on the Court proceeding on Wed Oct 15. 

$345m in legal fees! 

EV Adoption Globally

From the WSJ

China EV Sales

General Motors issues profit warning - $1.6 billion hit from EV overcapacity. @GM GM just filed a form 8-K informing that it "approved charges of $1.6 billion in GM North America in the three months ended September 30, 2025". 

Tesla FSD

• MadMax mode. OMG
• 60 minutes to do a hit piece. 

Recommendations:

Joe Rogan: John Kiriakou is a former CIA counter-terrorism officer and the first U.S. official to confirm the agency's torture of detainees. Punished for being a whistleblower, he served nearly 2 years in a federal prison.

1929 book