Wife is out of town, hope I don't forget to feed @Oscar Liss . If only I had someone to remind me the exact moment it was his dinner time, via shrill bark, but more accurate than an atomic clock.

If you're waiting for conditions to improve in order to be happy you probably won't be in the unlikely event they actually do. If you are happy under your current conditions, they will probably improve, but it won't change things that much for you.

BTW -- apologizes to a few of you to whom I didn't respond. I mainly use Primal now from my desktop, and I miss a ton of notifications I only see much later on my Android phone via Amethyst. It's annoying, but I'm too lazy to switch.

I once spent a few minutes looking for my sunglasses before realizing I was wearing them.

no matter how deep down the rabbit hole you go you will never find the rabbit because you are the rabbit

worst part about vibe-coding with Claude is it'll use an old file, make changes to it, then you upload and replace and don't realize what happened until you're fixing the same bugs you already fixed. Surprised it's that poor at recognizing it.

It's chilly and cloudy out, but I'm going to the fucking track even though I don't feel like it because the GOATs go when they don't feel like it, and I'm the GOAT when it comes to running two 10:30 miles.

Thank God Mother's Day is over, don't have to be a slave to my wife for another 364 days.

Been trading sports on Kalshi, and it occurred to me that much of the time my portfolio value is comprised mostly of positions and futures I hold like Sabalenka NO to win the women's French Open. I'm still going small (for now), but let's say I were going big, and the current value of my Mariners NO to win the World Series were like $500K. Basically a promise from Kalshi to pay me $600K in the event the Mariners do not win the WS, currently valued at $500K. Why couldn't I go to a bank and say, I need a loan, but instead of a HELOC, I want credit against my Kalshi asset. (If my loan officer wanted to reduce risk, he could make a proportionate bet on the Mariners to win the WS at 5 to1.) I mean I can borrow against a stock or bond portfolio which has risks, borrow against real estate, borrow against bitcoin. Why not borrow against my futures portfolio on Kalshi? I think this might eventually happen, and then you're going to have scenarios where Shohei Ohtani not winning MVP is gonna collapse a bank.

People dunking on Saylor for saying he'd sell to pay dividends, but the better question is *why* would he say that in an earnings call? If you assume Saylor is an idiot with lettuce hands, then you should probably not waste even a second thinking about MSTR because it's not for you. But if you assume as I do that Saylor is smart and didn't acquire 800K coins through two steep downturns because he's soft, how do you make sense of it? I'd say maybe (1) tax purposes, it is a corporation that has to pay taxes, and it might make sense to harvest some losses/improve his basis; (2) as proof of concept. If he sold 1K to pay dividends, then STRC is REALLY backed by the coins in the treasury, not just theoretically. This means he doesn't have to keep selling MSTR to raise USD reserves for the dividends because he can sell the BTC. And when you think about it, selling MSTR to raise USD reserves is the same thing as selling BTC because he NOT buying more BTC with the proceeds. IOW, by raising cash (which everyone loved), he was foregoing more BTC purchases. Why not just eliminate the middleman and sell BTC advantageously for tax purposes when needed rather than buying less due to the cash reserve? He can have only BTC in the treasury, and raise cash to pay the bills when needed. What's the downside? If he's willing to sell BTC, he's crossed the Rubicon. He was supposed to never sell, and once you open that door, what's the limit? The limit is his business model. If he sells half the BTC, no one wants MSTR anymore. If he sells at the edges to pay dividends, that doesn't harm the model. I think ultimately what this is is like an OG taking a Strike loan. You borrow fiat against your coins at 11 percent. Your coins appreciate over time, and instead of repaying the loan in fiat, you do it with an ever smaller slice of your stack over time. I think that's the model, and the upside of selling is showing the credit markets that YES, your STRC dividends really are backed by this giant stack that IS used to pay them. It's collateralized 5:1 for real, not just in theory. I've been wrong many times, but IMO this is bullish for MSTR, and also BTC because once the message gets out that STRC is really that well collaterized, the floodgates will open, and the bid will get larger and larger until their are no willing sellers under a much higher number.

Not wrong, but MSTR has hybrid preferreds too that strip out some of the upside, but yield less, and the common is even more volatile than the underlying.

Interesting that certain sports can theoretically get stuck in infinite loops. Baseball has two-strike foul balls that can go on forever, tennis can have infinite lets. Like if you simulated an infinite number of games, some would never get past the first batter/point. Would be great to tell thr grandkids you spent a year at the infinite let match.

wife: did you hear about Sara's friends whose dog got into their mushroom chocolates? me: no, what happened? wife: dog was acting very weird me: probably realized it was a dog and freaked

Got this new gig, where I get paid to go running at the track 3x week. Anyone can do this. You set the currency to photons, create a transdermal wallet (usually the default setting), will require you remove your shirt, or some of the photons will fail to land in your account), and simultaneously it puts money into your future healthcare fund by reducing the liability side. I also get paid in idea-flow, into my frontal cortex account-- many of my best ones occur while running.

excerpt from latest podcast: link to full: https://fountain.fm/episode/ZMzKzZfzdIkt72VAtmnX

Thing about vibe coding I'm realizing is almost nothing works entirely the first time. There's always something off you have to find and fix. Usually several.

To the extent you already outsource your thinking to "experts" you might as well let AI do it for you. Eliminates the middleman, lets your overlords program you more frictionlessly.

all the Iran War hyper-ventilators in the process of memory-holing their takes

excerpt from new podcast:

Flip The Cube

Interstellar space travel, emotional reactions as collateral damage, building confidence