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Time to check in on the AI bubble: "Anthropic has just signed a $35 billion compute deal with a lesser known cloud company called Lambda. Now off the bat, this might sound like good news, evidence of the AI ecosystem diversifying away from big tech. But take a closer look at Lambda and you'll see that this company is almost entirely subsidized by Nvidia..."

"Did you direct Secretary Bessent to intervene in the bond market?" "No, not at all. No, he's a very capable man. He wanted to do it. He's very good at it. He's a good man. He has a good touch, very good natural touch for the bonds and interest. And he did that." 'The yields have come back up since then have you talked to him about another type of intervention, is that something he will be doing?' We have many types of intervention. That's one. The ultimate intervention is our military..."

Billionaires are now desperate to 'feel something': "There's a story that my partners know. I had to get a tooth removed. I actually drilled a tooth drill for a root canal. And I had to go to a meeting right after that. And I told the dentist, drill without any Novocaine. And he says, you're out of your mind. And my whole life, I wanted to see. if I was a badass or not."

Two men in Washington are pulling the bond markets in opposite directions: "At the Federal Reserve's July press conference, Fed Chair Kevin Walsh said that he would keep withholding forward guidance. The 30-year jumped and kept climbing, eventually passing 5.3%, its highest level in nearly 20 years. Walsh had argued that investors should trade based on the economy rather than the Fed's forecasts. The central bank, he said, is, quote, trying not to interfere with that market signal..."

Trump attacks data center backlash: "He said, quote, 'the only reason that communities throughout the USA should not want data centers is if they want to end up being backwards and poor. If we kill the golden goose, you will only have yourselves to blame.' What do you make of this sort of political risk that is happening? Are you pro AI? Are you anti AI? I mean, I've been seeing this cycle play out in different ways for over a decade, right?"

.@profgalloway: "The moment I became obsessed with money... [From our upcoming episode releasing Monday 31st on all platforms] "I can tell you exactly when it is. My mom called me in my second year of business school and said, I'm not feeling well. You need to come home. This is really bad. She just had her second mastectomy. She was discharged from the hospital early because hospitals have an economic incentive to kick you out early. My mom is not a dramatic person. I flew home..."

Tax income this way instead… REPLAY 9/9: highlighting some of our most-played clips while we're on holiday. OUT OF OFFICE No new episodes Aug 17–28. We're rebalancing our portfolio towards rest and sun cream. 🌴 Regular programming resumes Monday 31 August.

Why are fast food franchises are struggling? REPLAY 8/9: highlighting some of our most-played clips while we're on holiday. OUT OF OFFICE No new episodes Aug 17–28. We're rebalancing our portfolio towards rest and sun cream. 🌴 Regular programming resumes Monday 31 August.

@profgalloway doesn’t have any insurance? “Auto, property, life, health insurance. I have none of those things.” REPLAY 7/9: highlighting some of our most-played clips while we're on holiday. OUT OF OFFICE No new episodes Aug 17–28. We're rebalancing our portfolio towards rest and sun cream. 🌴 Regular programming resumes Monday 31 August.

@profgalloway: “Want to know my theory on Trump? He’s a f****** idiot." REPLAY 6/9: highlighting some of our most-played clips while we're on holiday. OUT OF OFFICE No new episodes Aug 17–28. We're rebalancing our portfolio towards rest and sun cream. 🌴 Regular programming resumes Monday 31 August.

@profgalloway on why the U.S. will bomb Iran. This clips is from todays episode 'Why Big Tech Is Losing to Boring Stocks' out now.