This is wild: ALL net wealth in the US stock market since 1926 has been generated by just 3.44% of companies. To put this differently, ~97% of all stocks have barely contributed to long-term shareholder wealth creation. The top 1.88% of companies reflect 90% of total gains.

My latest on retail outperforming institutions, planning the Nikkei ¥50,000 party, the Bitcoin 4-year cycle and the melt-up before the melt-down. Link in the post below.

Caught short at the supermarket. Go for a leak, and an old geezer exits the bathroom and leaves the door wide open. So now everyone at the self-checkout can see me peeing.

In case there were any doubts that Takaichi knows exactly how to deal with Trump.

Thought this was pretty funny, so went and checked his profile. My god, I was not ready. I think this is what social media was made for.

Are you tired of winning yet?

It looks like I need to find a new virtual office provider. Anyone got any recommendations? Just need a Tokyo/Yokohama address and phone number with call forwarding.

And a new breed of meme coin traders is born.

coming home early from work in 2030

BOJ seen keeping rates on hold, yen pressure looms Full Story → m.piqsuite.com/?widget-articl…

My friend Josh has some cool stuff going on here: @josh_bowe_artwork instagram.com/reel/DQYiuJ0Dc…

“you up?”

No surprise. (unsurprisingly) nikkei.com/article/DGXZQO…

USD/JPY 154

Amazon laying off 30,000 people and then beating on earnings so much that the stock gained $250 billion dollars in 1 minute is all you need to know about what AI is going to do to society.

No, Japanese tradition will not fix your broken Western mind.😀 bbc.com/reel/video/p08…

Kids asleep, wife out at nomikai. Drinking scotch and musing about interest rates. Not a normal thing to be doing on a Friday night, I know. Can it really be this simple? Am I missing something?

Yes, and when you want to trade NVDA on a Sunday afternoon, the way you will deposit funds is via stablecoins. Bullish stablecoin infra.