Super Stonk Bros

Joining us today is Emmet Peppers famous for having turned $30K into $30M-$70M for a greater than 1000X return!  

Emmet has built his wealth largely through strong conviction in Tesla since 2011, but last year in particular Emmet had a MONSTER year through buying out of the money puts on QQQ - the Nasdaq Index - just before the stock market crashed due to Covid last year. And then flipping the trade to long calls on key names like Tesla, Peloton, and Square right after.  

Today Emmet has started his own hedge fund called Good Soil Investment Management which is Emmet’s attempt to build a hedge fund in a new way. We talk about Good Soil, but spend much of the time talking about how if Emmet were starting over today… how he would think about finding the next Tesla or turning a $6K Roth IRA in 2021 into $6M… somehow.  

LINKS: Don't Miss These Other Interviews with Emmet!  

1. Dave Lee on Investing: https://www.youtube.com/watch?v=6-Sw6VcNHpQ 

2. Technori: https://technori.com/2021/01/20834-emmet-peppers/fiske/

This week on Super Stonk Bros! Macro108 aka Joe and Steve welcome noted game developer, consultant, technologist and all-around deep thinker Lars Doucet to the show to discuss his thesis on Bitcoin and other blockchains.   

As we think our viewers will see, Lars is hardly the median blockchain bear carrying an ideological axe to grind and rooting for bitcoin and its progeny to fail. 

Instead, his criticisms are largely technological in nature, and involve comparing what has been promised by the white paper crew (including Satoshi) to what they have actually managed to deliver to this point: a bunch of partially functional systems that are nowhere near as secure, distributed, or functional as their boosters claim them to be.  

Topics include: 

* Does Bitcoin have a future? 

* Proof of Work versus Proof of Stake consensus systems 

* Marginal theories of value and the origins of currency 

* Is Elon Musk right about what it’ll take to establish a blockchain-based “currency of Earth?” 

* Whether the explosive growth of ‘Play to Earn’ gaming makes sense 

* How about the NFT phenomenon?  

LINKS: 

- Lars' Fortress of Doors Blog: https://www.fortressofdoors.com/

- Degraded Blockchains: https://www.fortressofdoors.com/the-degraded-blockchain-problem/

- Lars on Twitter: @larsiusprime, https://twitter.com/larsiusprime

Roundhill Investments recently created a Metaverse ETF (META) partnering with one of the most famous Metaverse bloggers Matthew Ball.

Hear about the construction of the companies comprising the portfolio, advantages to owning the ETF, trends in thematic ETFs, and much more! 

Joining us today is Mario Stefanidis with Roundhill Investments who created the ETF.

RELEVANT LINKS:

#1. Roundhill's META Metaverse ETF

#2. Matthew Ball's Super Long Primer on the Metaverse

GUEST SPEAKER INFO:

- Mario Stefanidis is VP of Research at Roundhill Investments

HOST INFO:

- Joe Kim is CEO of LILA Games. Formerly SVP Games at NBCUniversal, Chief Product Officer at SEGA, Studio Lead at FunPlus where he launched the #1 top grossing F2P mobile game King of Avalon.

- Steve Palley is Product Owner at Pixelberry Studios. Formerly Co-founder of two companies ApplyMap and SlidetoPlay, Chief Editor for Mobile Games at GameSpot, and phD in Political Science from UCLA.

Given the recent Chinese government interference with Chinese companies that are listing overseas such as with Jack Ma and the Ant IPO and more recently by restricting Didi app access shortly after going public on the NYSE, we consider how investable Chinese companies are moving forward. Let's talk Chinese government objectives, key risks, companies, and overall future outlook.

RELEVANT LINKS:

#1. WSJ: Beijing Blocks Merger, Tightens Data Rules as Post-Didi Crackdown Speeds Up

#2. Bloomberg: Everything You Need to Know About Didi's Debacle

#3. Time: China's Didi Crackdown Isn't All That Different From U.S. Moves Against Big Tech

#4. The Economist: China Seems Intent On Decoupling Its Companies from Western Markets

GUEST SPEAKER INFO:

- Matthew Kanterman is a Senior Equity Research Analyst at Bloomberg Intelligence and covers Roblox in addition to having recently written some pieces specifically on Roblox and the Metaverse.

HOST INFO:

- Joe Kim is CEO of LILA Games. Formerly SVP Games at NBCUniversal, Chief Product Officer at SEGA, Studio Lead at FunPlus where he launched the #1 top grossing F2P mobile game King of Avalon.

- Steve Palley is Product Owner at Pixelberry Studios. Formerly Co-founder of two companies ApplyMap and SlidetoPlay, Chief Editor for Mobile Games at GameSpot, and phD in Political Science from UCLA.

Today we speak with Luis Sanchez who worked on Wall Street for over a decade before starting his own investment management and advisory firm.

Find out why Avid is Luis' biggest holding and why he bet big on Avid last March catching a 2x in just 3 months. Why does he think there's still a lot of valuation room left to run.

RELEVANT LINKS:

#1. LVS April News Update

#2. LVS Advisory

#3. Luis Twitter

GUEST SPEAKER INFO:

- Luis Sanchez, CFA heads LVS Advisory an NYC-based registered investment advisory firm. 

HOST INFO:

- Joe Kim is CEO of LILA Games. Formerly SVP Games at NBCUniversal, Chief Product Officer at SEGA, Studio Lead at FunPlus where he launched the #1 top grossing F2P mobile game King of Avalon.

- Steve Palley is Product Owner at Pixelberry Studios. Formerly Co-founder of two companies ApplyMap and SlidetoPlay, Chief Editor for Mobile Games at GameSpot, and phD in Political Science from UCLA.

Today we are going to talk about Roblox... a company firmly fixated on the METAVERSE! 

What's that all about and a few surprise additional growth drivers I don't think you'll hear anywhere else.

We discuss: #1. Current business and valuation, #2. Growth Drivers, #3. The Metaverse, #4. Key Risks, and #5. Opinions on Future Prospects.

RELEVANT LINKS:

#1. Catch these episodes on the Super Stonk Bros YouTube Channel

GUEST SPEAKER INFO:

- Matthew Kanterman is a Senior Equity Research Analyst at Bloomberg Intelligence and covers Roblox in addition to having recently written some pieces specifically on Roblox and the Metaverse.

HOST INFO:

- Joe Kim is CEO of LILA Games. Formerly SVP Games at NBCUniversal, Chief Product Officer at SEGA, Studio Lead at FunPlus where he launched the #1 top grossing F2P mobile game King of Avalon.

- Steve Palley is Product Owner at Pixelberry Studios. Formerly Co-founder of two companies ApplyMap and SlidetoPlay, Chief Editor for Mobile Games at GameSpot, and phD in Political Science from UCLA.

Macro 108 (aka Joe Kim ) and Steve Palley discuss a highly speculative bull case for Twitter.

The biggest bull case likely involves the ability for Twitter to become the App Store for influencer to audience monetization. Find out more about Social Tokesn below.

RELEVANT LINKS:

#1. Social Tokens in Gaming from GameMakers YouTube Channel

#2. Catch these episodes on the Super Stonk Bros YouTube Channel

HOST INFO:

- Joe Kim is CEO of LILA Games. Formerly SVP Games at NBCUniversal, Chief Product Officer at SEGA, Studio Lead at FunPlus where he launched the #1 top grossing F2P mobile game King of Avalon.

- Steve Palley is Product Owner at Pixelberry Studios. Formerly Co-founder of two companies ApplyMap and SlidetoPlay, Chief Editor for Mobile Games at GameSpot, and phD in Political Science from UCLA.

Macro 108 (aka Joe Kim ) and Steve Palley discuss the recent announcement by Jam City to merge with DPCM Capital to become a publicly traded company via SPAC (special purpose acquisition company). The deal also includes the acquisition of Ludia for $175M.

Apologies to our friends at Jam City, we love you guys and wish you the best, but definitely want to keep it real on concerns.

RELEVANT LINKS:

#1. Jam City's Investor Relations presentation on the deal

#2. Check out the Super Stonk Brothers YouTube Channel

HOST INFO:

- Joe Kim is CEO of LILA Games. Formerly SVP Games at NBCUniversal, Chief Product Officer at SEGA, Studio Lead at FunPlus where he launched the #1 top grossing F2P mobile game King of Avalon.

- Steve Palley is Product Owner at Pixelberry Studios. Formerly Co-founder of two companies ApplyMap and SlidetoPlay, Chief Editor for Mobile Games at GameSpot, and phD in Political Science from UCLA.

Macro 108 (aka Joe Kim ) and Steve Palley discuss Elon Musk's recent tweets that have led to speculation around Bitcoin, Doge, and maybe even the potential for Elon to launch his own cryptocurrency, say a Teslacoin. 

We then also talk about the Bloomberg article: How to Afford Yale if Inflation Creeps Above 3%

RELEVANT LINKS:

#1. JK's Investment Strategy in SSB #2: How To Build An Investment Strategy

#2. JK and Steve Talk About the Potential for TeslaCoin back in SSB #4: TeslaCoin

#3. Unconventional Success by David Swenson

HOST INFO:

- Joe Kim is CEO of LILA Games. Formerly SVP Games at NBCUniversal, Chief Product Officer at SEGA, Studio Lead at FunPlus where he launched the #1 top grossing F2P mobile game King of Avalon

- Steve Palley is Product Owner at Pixelberry Studios. Formerly Co-founder of two companies ApplyMap and SlidetoPlay, Chief Editor for Mobile Games at GameSpot, and phD in Political Science from UCLA.

Macro 108 (aka Joe Kim ) and Steve Palley discuss Zynga's latest quarterly earnings call and our thoughts on the company.

The company is currently transitioning from growth fueled by the M&A gravy train for the past 5-6 years but today is actively trying to be more like Applovin and build a vertically integrated adtech + games powerhouse. 

What do we think are the future prospects for Zynga?

GUEST HOST:

- Matthew Kanterman is Equity Research Analyst at Bloomberg Intelligence and unlike us is an industry pro!

HOST INFO:

- Joe Kim is CEO of LILA Games. Formerly SVP Games at NBCUniversal, Chief Product Officer at SEGA, Studio Lead at FunPlus where he launched the #1 top grossing F2P mobile game King of Avalon

- Steve Palley is Product Owner at Pixelberry Studios. Formerly Co-founder of two companies ApplyMap and SlidetoPlay, Chief Editor for Mobile Games at GameSpot, and phD in Political Science from UCLA.