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Zuck MMA
"Despite their vast fortunes and trappings of power, until recently, they had been life’s non-impact players. They never got to score the winning touchdown, fuck the cheerleader, save a life in the sea, or kill a man on a battlefield. No amount of MMA training with UFC champions, yoga retreats with Ashtanga gurus, or Ayahuasca trips with Peruvian shamans could ever change that fact.”

Surfer-author Peter Maguire’s one-man war against Tech Moguls aka The Gilded Dorks

"History will regard the AI boom as the greatest financial circle jerk in human history."

Last month, Anthropic, the makers of the AI assistant Claude, paid 1.5 billion dollars to settle Bartz v. Anthropic, a class action lawsuit filed on behalf of 500,000 authors and publishers whose copywritten books they stole. Although more than 90% of the authors accepted the settlement, I am one of the 350 who rejected it and reserved my right to sue this “Public Benefit Corporation” for the grand larceny of my intellectual property. When Anthropic goes public this October, its valuation could reach $2 trillion according to CNBC’s Jim Cramer. This would make their $1.5 billion payout just 0.075% of the company’s total worth. Worse than getting my books Law and War, Facing Death in Cambodia, and Thai Stick stolen, was getting punked by punks like Anthropic owner Dario Amodei and the Gilded Dorks of Monopoly Capitalism.

On the heels of this win, Anthropic has moved on to “watermarking” my purloined work that their AI assistant Claude has been outputting and monetizing since 2023. As George Orwell pointed out in his essay, “Politics and the English Language,” if thought corrupts language, language “can also corrupt thought.” If nothing else, the professional scholars and wordsmiths, upon whose back this AI fortune was made, must redefine the terms of this debate. Let’s start by replacing the expression “AI training” with “the grand larceny of copywritten intellectual property.” Next, let’s substitute “watermark” with “copyright.” After all, we are talking about intellectual property, not stationery. I thought long and hard about the word “Data Center.” In the end, I borrowed from Marx and Engels and from this day forward will call them, “The Great Water and Power-Consuming Computer Factories.”

We must never forget that all the Monopoly Capitalists—the Tech Mongols, the Hedge Fund Visigoths, and the Private Equity Barbarians—are the latest in a long line of American hucksters. Little more than book smart, but slightly autistic versions of P.T. Barnum, whose words should never be taken at face value. Like their patron saint, the late Jeffrey Epstein, Monopoly Capitalists have a Straussian belief in their innate superiority over the common man and the necessity of the noble lie. As they say in Silicon Valley, “Fake it till you make it.”

The half truths Bill Gates told in his House Oversight Committee testimony about Jeffrey Epstein pale compared to the lie he and his partner, Paul Allen, told Micro Instrumentation and Telemetry Systems in 1975. The Microsoft founders claimed to have built software for a computer they had never even touched.

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Not to be out done, in 2017 Sam Altman told U.S. intelligence officials that China had launched an AI Manhattan Project and requested government funds to lead a counteroffensive. When asked for evidence, he replied, “I’ve heard things.” One of the intelligence officials later told The New Yorker, “It was just being used as a sales pitch.” Microsoft senior executives who worked with Altman described him as a person who “misrepresented, distorted, renegotiated, reneged on agreements.” One even predicted that there was a “small but real chance he’s eventually remembered as a Bernie Madoff- or Sam Bankman-Fried-level scammer.”

Elon Musk has yet to build the Hyperlink transport system that he claimed in 2013 would take passengers from L.A. to San Francisco in 35 minutes. In 2018, the South African tweeted, “Am considering taking Tesla private at $420. Funding secured.” Musk was later charged with fraud by the Securities and Exchange Commission for this Tweet and had to pay a 20 million dollar fine. The judge wrote, “there was nothing concrete about [the] funding.” Although Space X has yet to get a human on Mars as Musk announced they would by 2024, he is now planning to spent 100 billion on a “spaceport” in Louisiana. “How are they funding this?” Morgan Stanley analyst Adam Jonas asked this week in a client note. “Large capex numbers are easy to announce on paper, but the growth needs to materialize for SpaceX and the debt markets to continue to justify it.”

Lest we forget Mark Zuckerberg and his Aspergers like testimony before Congress in 2024. Under oath, the Zuck told Senators: “The existing body of scientific work has not shown a cause or a link between using social media and young people having worse mental health outcomes.” “He knew he was lying,” said Senator Martha Blackburn. 

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This week, Meta settled People of the State of California, et al. v. Meta Platforms, Inc. for 18 billion dollars. This landmark federal lawsuit was brought by a bipartisan group of state attorneys general who accused Meta of designing Facebook and Instagram to addict children, unlawfully collecting the minors’ data, then misleading the public about the mental health risks of their products.

While the Tech Mongols might have cornered the market on internet intellectual slop, their faux philosophical writings are little more than fluffed up public relations copy. Disingenuous utopian screeds like—Dario Amodei’s Machines of Loving Grace, Peter Thiel’s Zero to One, Alex Karp’s The Technological Republic, Marc Andreessen’s Techno Optimist Manifesto, Sam Altman’s The Intelligence Age, Mark Zuckerberg’s The Future is For Everyone, and Leopold Aschenbrenner’s Situational Awareness—would make even Candide’s idealistic Professor Pangloss cringe.

Today, the most daunting challenge facing the Tech Mongols is not moral; it is financial. Soon they will die by the same monopoly capitalist sword that they live by. History will regard the AI boom as the greatest financial circle jerk in human history and it will make all previous examples of insider trading pale in comparison. Put very simply, how can AI companies that have never turned an annual profit, ever turn one at the rate they are spending? “What the AI bubble has become is the world’s largest marketing campaign. The next three and a half years, we’re going to need 800 [billion] to 1.7 trillion data center demand and I have found about 130 billion,” said British Tech critic and author Ed Zitron. “The moment they stop spending money on CapEx, they crash markets.”

We are presently living through the Age of the Gilded Dork. While they excel at coding and artful new forms of financial manipulation, the Monopoly Capitalists are life’s non-impact players. As I wrote in my forthcoming novel Point Douche:

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“Life for them was also an exercise in revenge and schadenfreude because they had never tasted glory and never would.

“Despite their vast fortunes and trappings of power, until recently, they had been life’s non-impact players. They never got to score the winning touchdown, fuck the cheerleader, save a life in the sea, or kill a man on a battlefield. No amount of MMA training with UFC champions, yoga retreats with Ashtanga gurus, or Ayahuasca trips with Peruvian shamans could ever change that fact.”

Although the Gilded Dorks hold the greatest concentration of wealth in human history, they are not content. Now they are coming for our jobs, our water, and our power. This is a bridge too far.

While I am heartened by the nonpartisan rebellion against the construction of The Great Water and Power- Consuming Computer Factories that is spreading across the nation like wildfire, I’m even more heartened by Gen Z’s rebellion against a Tech-dictated future.

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They seem to know instinctively what I know empirically: that the greatest things in life cannot be found on a screen. AI did not convince my beautiful and beloved wife Annabelle Lee to marry me, earn my doctorate or black belts, catch set waves for me on the North Shore, conceive my two sons, or help me save lives in the sea.

Just as conservative author Rod Dehrer offered a strategy for Christians to go outside of traditional politics and build a counterculture to preserve their faith in a secular and increasingly nihilistic world in his book The Benedict Option, soon I will present The Analog Option. This guide will help those who want to reclaim their freedom and do not want to live as Tech Serfs under the Gilded Dork’s iron heel.

Unlike Bolshevik or Jacobin revolts, this will be a quiet rebellion that begins by consciously slowing down and accepting the fact that to take control of your life, you must do more with less. Because the Monopoly Capitalists have made it virtually impossible to live without Tech, the Luddite’s path of simply unplugging is untenable. Better to rebel quietly. Whenever possible, at the airport, bank, or market, choose to interact with a human. Try not to download the app. When “nudged,” “nudge” back with the noble lie, “I don’t have a smartphone.”

My cars—a 2015 Toyota Forerunner and 1995 BMW—are old but well maintained. My knives, real steel. My guns, simple, but sturdy. My surfboards, all glassed with the heaviest cloth possible.

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I still write checks, use cash and barter whenever possible. I cook most of my family’s meals and we often sit at the table, with real plates, use silverware, and talk without a phone in sight. If I am speaking to someone and they constantly look at their binging, buzzing phone, I tell them to silence and turn it over their phone or our conversation is over. On cool offshore mornings, I paddle out before the sun comes up and watch the sun rise. I try not to wait for weddings or funerals to get together with friends. Over snacks and drinks, we celebrate the wins, lament the losses and laugh about the absurdity of it all.

Although I am not a traditionally religious person, I draw a great deal of inspiration from the Amish. Not only do they lead simple, dignified lives on their own terms, but they remind us that freedom is not free. Despite remarkably low cancer, heart disease, and obesity rates, the Amish are now under government pressure to vaccinate their children. The Amish have no anti-vax movement. Some chose to vaccinate their children and others do not. However, what they insist on is having freedom of choice. Amish elder Ezra Wengerd, who was elected by his community to represent them in this matter, put it plainly, “The Amish will choose prison time or a martyr’s death before going against their convictions.”

The Amish remind us all that freedom is not free. As I wrote in my 2024 essay, “The Lamb’s Freedom”:

“After 9/11, democrats and republicans joined forces to redefine the word into a timid, fear-based concept whose highest values are subjective (and individual) definitions of ‘comfort’ and ‘safety.’ They have succeeded.”

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The supposed “freedom” Americans now supposedly enjoy was best described by my former teacher, novelist Mary McCarthy, as “the lamb’s freedom.” The lambs’ fear of being eaten by predators relegates them to a life of submission—getting nipped at by dogs, eating when the shepherd decides, and bleating out numbered days until the inevitable pre-Easter slaughter. The lion, McCarthy pointed out, has a much more robust definition of freedom that works off the assumption that true freedom is inherently dangerous. Even the biggest, baddest male lion gets ripped limb from limb by the hyenas if he breaks a leg. “Do we want a bold society geared to the lion’s freedom, or a mild, timid society based on the lamb’s fear of being eaten?” asked McCarthy. Sadly, after 9/11, Americans chose the latter and the reign of the Gilded Dorks is our bitter harvest. However, it is not too late to change this.

Just like the KGB could not save the Soviets, the Red Guards could not protect Mao, and the Stassi could not prop up East Germany, Palantir, Clearview, Flock cameras and a handful of over-the-hill Tier 1 operators cannot protect the Monopoly Capitalists from the coming Tech Serf rebellion. As I wrote in my open to letter to Epstein class Tech Mongol Reid Hoffman:

“While Big Tech’s string of victories has been impressive, with it came the rope you are presently hanging yourselves with. Who wants an AI doctor, bank teller, travel agent, much less a dishwasher with Wifi, or a car that snitches on you for speeding and won’t let you do donuts? I want no part of a dystopian future that includes genetically engineered babies, dimming the sun to stop global warming, biohacking, AI commanded armies, lab grown food, social credit scores, or personality prediction algorithms because it is inhumane. The British, Russian and American empires were not driven out of Afghanistan by superior weapons, soldiers, or tactics; they were defeated by the human spirit.”

While my expectations are low, I plan to take legal action against Anthropic for stealing my intellectual property. Six of my fellow authors have already filed lawsuits against the AI company. Perhaps me and the other 349 authors and publishers who opted out of the settlement will become a wimpy, egghead version of the 300 Spartans who stopped 100,000 Persians at the Battle of Thermopylae (480 BC). If nothing else, hope dies last. Like Spartan King Leonidas said on the eve of the battle, “If you men think that I rely on numbers, then all Greece is not sufficient, for it is but a small fraction of their numbers; but if on men’s valor, then this number will do.”

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(This is the sorta gear you’ll get weekly, and for free, on Peter’s substack Sour Milk. Subscribe!)

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Picard Madeoff

I just posted the below in the comments of the Youtube ripoff video:

THIS LOOKS LIKE A BLATANT RIPOFF OF THE BOOK Thai Stick: Surfers, Scammers, and the Untold Story of the Marijuana Trade

Ed

Do u sell bumper stickers?

Sofa Surfer

I really wanted to go analog for an upcoming vacation. It’s impossible. Every service along the way requires some means of digital communication be it apps, emails, texts with check-in links, passwords… I need a computer to monitor my mom’s care while I’m away. Fuck.

Phil's Wart

Tell us how you really feel Maguire. Good Lord! I don’t blame you. With that said ..sub stack gargles dode.

@surfads

I ain’t gonna read all that but I just started the Nerd Reich which I’m assuming is on the same Thiel spiel.

Bunch of Weiners. The world could be saved by just a few jocks being deployed to deliver some strategic atomic wedgies and dacksings. These little pencil necked dorks would crawl back into their holes so fast

I am a Crayfish Popsicle

Everybody wants to rule the world, once enough money to survive is out of the equation…

“I’ll show you all , just like you all laughing at my 7th headhigh wedgie during lunchtime break at 12:42PM by Chad. It is all your fault!”

paul taublieb

Epic, as de reguer for Peter.

Rocks local

the most interesting thing gleaned from that New Yorker piece link is that Sam Altman’s husband is an Aussie

so predictable that Aussies are the real wind beneath the AI apocalypse — bet he’s just pissed that EE can’t win a title and is taking it out on the known universe

longtomssecondcuztwiceremoved

bahahahaaha

low-intermediate

I like this website because it’s the last place on the ‘net where I don’t feel like the majority of the comments/posts are bots.

Strayan C

Just gotta watch out for DNuts trying to finger your bot hole

low-intermediate

bot or not, sounds hot

I am a Crayfish Popsicle

That is so true and something to we should all embrace

Derek Hynd's Missing Fins

Speaking of tech, and it’s a day late and dollar short, but with Nichols not surfing in the final, we never got to see whose arms wind up more: Erin Brooks’, or a Vaer’s.

Tom House

How do you prove they trained the model in your books? And are your books online somehow? What about those of us who have written tens of thousands of words that appear on websites?

Jen See

Oh, our work has definitely been fed into the robot word machines. At least one publisher I worked for straight up said they sold their archive — and I can’t imagine they’re the only one.

Tom House

Interesting. I haven’t heard that directly. Where do I sign up for the class action lawsuit?

Jen See

Ha ha ha, we don’t get shit, man. The Anthropic suit defined the “class” in a fairly specific way. Weirdly, two of my academic journal articles were on one of the original lists — but they disappeared from the final version in the actual ruling.

Barnycle

Rejected by the algorithm. Brutal

Rocks local

interesting … I have an old academic journal article floating around, so just looked this up – apparently no academic articles were included in the settlement

Jen See

right, yah — there was an early list of works that was far more expansive than what was actually used in the settlement

I am a Crayfish Popsicle

I get regular payouts from Shutterstock, after a potential lawsuit, because they got caught using the images and the descriptions for AI training….

So now it is this
https://uploads.disquscdn.c…

Sean Connery

Ethan will never win a world title mate. The only person in the whole country of Australia who might have a chance in the future is Dane Henry. Thats it.

Brutus

my 7 year old grandson looks promising……

Sean Connery

This is what you do if you want him to make it. Have him find God. Send him to Texas for a year then have him move to Hawaii. Have him get his canadian citizenship from some person in your family that immigrated there generations ago. Make sure he trains on a trampoline and in the gym every day. Spend the summers on Tavarua and Kandui. Thanks me later.

Picard Madeoff

Peter I started to read this on Substack and work sidetracked me so it is great to see it here! There are many Wall Street types who cautiously look at these guys as our generation’s great innovators and while that is indeed true, the abhorrent behavior and ramifications of their actions and singular focus has consequences. This isn’t lost on those who pay attention and/or those who have direct or adjacent negative experiences with these titans. So we are left to choose between the lesser of evils amongst these men or none of the above.

In my work I have created an “AI clean process” to avoid the very theft you and others have experienced. Unfortunately, many haven’t a clue that their work product has been confiscated and is now used for broader use and/or training.

I hope you win 10s of millions in your suit while putting out the message that AI supported theft isn’t acceptable! THANK YOU!

Rocks local

if I were 20 yrs younger, AI would be taking my job. As it is , use AI every day for basic stuff that used to farm out. Nature of the beast / survival of the fittest , have to do it or die in this weird world I inhabit.

Don’t trust it to do anything that would be released for public consumption , all of that is still all my own work … but the day is coming, and soon.

will have to make the final choice eventually – go analog and accept irrelevance , or sell what tiny little part of my soul I have left (had to sell most of it already , ha)

Picard Madeoff

I was raised to be a numbers behind the numbers guy so that translates well into participating in the AI evolution. It has benefited me immensely, yet I am eyes wide open as to the threats it possesses in the wrong hands.

Rocks local

am right there w/ you – but when you work with it every day on relatively complex tasks and see what it can do (in circumstances where you know what really good work product looks like) … ???

realize there’s a lot of commentary about how shit it is , emperor has no clothes , etc

here to tell you that is not the case – this stuff is fucking powerful shit , and does highly complex work … yes it has its warts, and you almost shouldn’t be allowed to use it unless you already know your field really well because it is a master at covering up its deficiencies (although ironically very happy when you point out its mistakes and quick to fix them – which itself is a really bizarre feature).

But to use a cliche military term , it is absolutely a force multiplier when deployed in the right way by someone who knows what they’re doing.

bottom line is that it seems inevitable, sadly

now, how that should translate to the cap value of various AI companies?? No idea , that’s for people like you to figure out.

But the internet bubble burst back in 2000 too, and that sure as hell didn’t mean the end of the ‘net – it was the beginning

take heed , motherfuckers , you can either taunt the tsunami or figure out how you’re going to deal when it hits your shores

Picard Madeoff

We were fortunate that Al Gore invented the internet with this gem “During my service in the United States Congress, I took the initiative in creating the Internet.” During the internet boom/bust cycle I had a front row seat to the Enron rise and fall as I covered a group of Advisors in the Houston area and one of them delivered a golf course(Deerwood CC in Kingwood) whisper rumor that Enron was indeed the emperor bereft of clothes. That whisper rumor turned into a call that saved clients a meaningful amount of money but it was an epic fight to decide(a guess) that their financials and SPVs were indeed a problem.

Rocks local

smartest guys in the room was an epic book , heard the doc was ok too but after reading the book never got around to watching it onscreen

Picard Madeoff

Agreed! I also had a front row seat for the lead up to the GFC as we had meaningful money with John Paulson. The best part was learning how enhanced CRA and the involved politics paired with bank regulator scrutiny from the early 90s right up to the GFC ultimately led to the housing crisis. The calls with John and his team were incredibly humbling when surrounded by brilliant investors who made the most of a bad environment

Rocks local

that’s an amazing story , what a place to be!

kind of like sharing a basketball court or lineup w/ actual pros – it can be awe inspiring when you have a front row seat to real intellectual powerhouses

explains my lifelong imposter syndrome !!!

Picard Madeoff

I resemble that syndrome as well!

Sean Connery

Hey Picard… What are your thoughts on the cylindrical financing part of this AI boom and its affect on stock prices? Just curious.

Picard Madeoff

If I understand correctly, your curious about circular financing? If so, I’ll use the example of the CFO at Nvidia who is sitting on a pile of cash that might be earning a conservative 4-6% in typical Treasury accounts to fund certain of Nvidia’s expenses. What this CFO is doing to enhance that Treasury income for Nvidia is lending to customers at SOFR plus 200-500 basis points or roughly 5.65-8.65% or possibly higher depending upon the customer’s financials, chip order size, frequency and other factors such as are they good people or good risks? So Nvidia makes money on the chips they sale plus the lending of their cash which sounds great for their financial performance. That is until a downturn occurs and the customer struggles to pay on the lending facility along with the paying for the chips with varied payment terms. Industry, domestic or global economic downturns happen- RIGHT? So this can become a broader economic hit not only for Nvidia but also for the chip industry, the tech industry and the banks or PE firms that lend to these industries. Words or phrases like systemic risk, too big to fail, cyclical downturn or industry failures becomes the rinse and repeat headlines.

For me the risk is a measured part of doing business and one that was taught to me by the CFO I reported to back in the mid 90s. Yet it is absolutely critical for the smart Wall Street guys to manage to these potential outsized risks when investing with these companies. So any sniff of increased risk with the players in this long-utilized lending game can by itself cause their stocks to tank along with their broader sectors and ancillary players’ stock. And of course set the US and global markets into a meaningful correct as the markets always need a catalyst to start the upturn or downturn,

Sean Connery

Wow. Thanks for explanation!

Brutus

ah yes the dot com bubble, where everybody was going to get rich by registering a Domaine name……so much money was lost……AI is interesting as it’s just a tool….it’s the tools who run the tools that fick it up,LOl……very toolish?

Brutus

ah Analog vs digital…….Analog is for creatives and digital is for those who need parameters in their thinking……….will AI make us happier …no!

Will there be a huge price to pay for AI….yes……which will make us unhappier……

Rocks local

the truth about the world in general ???

Brutus

it’s a sad world where everybody wants more and the politicians promise us whatever we need to hear…all the cheap low hanging fruit has been picked……and prices of everything especially food ….cheap now…tomorrow …prices just cannot come down anymore only up!

Barrelled

https://uploads.disquscdn.c… Fixed it for ya. And are you riding a waterski?

Barnycle

I think it’s a photo of Peter in his prime.

Barrelled

Ahhh. I didn’t really read the sharty or look at the author name as it’s WAY too long.

Barnycle

Where did you learn to surf, Barry? Did you find it as tricky as I did ; learning to surf in onshore, closeout beachbreaks and one feckless, spongy reef?

Rich Marx

Barreled is too good at figuring things out people unintentionally disclose to answer this question.

Barrelled

There’s 2 l’s in Barrelled for fucks sake. Ha! And no effort goes into figuring shit out, it’s just the way my pea brain works for some odd reason.

To answer Barney, I learned that same way everyone else did where I grew up. Start at the worst waves in town, once you can paddle a bit, move up to the next shittiest wave, then the next and the next. Lots of getting chewed out getting here and there but well worth it.

We started pretty young with no real way to get to the beach so it was a muni bus at first, followed by my friends blind ass 80 year old auntie who couldn’t drive worth shit. Once we got scared enough by here driving we “graduated” to getting rides with the uncle of one special needs kid that surfed with us (uncle was borderline special needs as well). Once one of could drive we fucked that whole concept off, especially after our friend literally shit his pants at the Lane a couple times after eating donuts.

It was interesting but we were committed.

Barnycle

Such a beautiful part of the world. I wish that I had seen it in the 90s. https://uploads.disquscdn.c…

I am a Crayfish Popsicle

I’ve seen this picture before, and it makes me feel very inadequate.

No matter what I do or how much I spend.

My grass will never be this GREEN

It is alway so mcuh GREENER on the other side

And they do NOTHING

I am a Crayfish Popsicle

Nanananananan BatCunt strikes again

DELETE THAT NOW

IT IS NOT FUNNY CUNT

I QUIT

Barrelled

EE has 4 17th place finishes. Highly doubt that’s resulting in a title.

Barnycle

That’s an absurd thing to say when there are at least 3 clubbies on Stradbroke Island alone that would surf him under the table; and 7 more clubbies between the Goldy and Kingsmeadow that would place 1-7th on the world tour if they didn’t like digging ditches and Plumbing so much.

From what I can gather, talking to the boots on the beach, EE is only the 32nd best surfer from the lucky country and to expect him to win the world title this year seems a bit unrealistic. Next year, though, it’s on.

longtomssecondcuztwiceremoved

baahahahahahaha

I am a Crayfish Popsicle

Some of the most HARD core surfers in WA don’t even have Teeth!

Interpret that as you will…

Barnycle

Well said, Peter. These people are scum. Weird nerds who never forgot how much everyone in their childhoods disliked them and their weird fuckin ways.

Even gates who spent all of last week pounding the warning drums that AI is NOW a massive problem, was a Grade A cunt as a teenager and young businessman. The brilliant David Fincher movie, The Social Network, showed what a bunch of weird, thieving, conniving cunts that Zuckerberg, Sean Parker and their cohorts were like. Disgusting human beings who know that they are smarter than everyone else and see empathy as a weakness that only needs to be displayed for transactional purposes. Judging from the comments below, you’ve selected the wrong forum to highlight this issue. We’re more of a “bread and circuses” crowd than a “ hopey-changey” crowd.

Picard Madeoff

Barnycle you speak truths yet my Wall Street years helped me to understand how man(gender neutral of course) allows power and money to be the ultimate aphrodisiac. So replace the weird nerds and geeks with Wall Street power brokers and the outcome is the same while the choice of clothing is the only differentiator

Barnycle

I fully agree with you. It’s a partnership between the old power structure of Wall Street and their new power tools of the technology of Silicon Valley. I’ve always enjoyed reading your comments, over the years, when you’ve given us some insight into your time on WS and your successes there before you rightfully dipped out for a more balanced life.

I like the idea of people making money by investing in solid businesses, but dislike all the thieving that makes it up. Regulation has shown to be a healthy and useful tool in the countries that use it, in minimising bad behaviour and wealth inequality. It was working in the US as well until they paid politicians to reduce and remove those well-intentioned and successful regulations. Fuck Bill Clinton and the Morgan Stanley Democratic establishment for being part and parcel of it.

Picard Madeoff

More later today when I free up!

Picard Madeoff

Thanks man and my ski bumming days remain the pinnacle of my work career versus the wild times in a suit! Success is always in the eye of the beholder, and my real success is around getting two boys into adulthood who have their shit together regardless of my sometimes poor modeling.

The politics(Republicans don’t get a pass) on both sides of the aisle are wild to watch and when the SV boys ran away from the Dems and into Trump’s lap before the ’24 election one of my Bay Area peers gave me some wild insight on that lightly covered event that wasn’t believable at the time. His words appear to have been spot on around how the Dems wanted to seize control of much of their IP while forcing central control(truly wild) via the government upon the AI build out. Granted we are in a lesser of all evils scenario but I feel better now than how I felt leading into the ’24 election yet I’m still immensely troubled by our government and capitalist trajectories

Rocks local

weird fuckin’ world PM … the stories i’ll never be able to tell on here lol

Picard Madeoff

Manhattan deviance and mostly unchecked arrogance left a mark on me

Rocks local

went from always surprised, to just assuming that every convo would bring some new surprise , to never being surprised at the next thing that popped up that any normal person would have found shocking

and that’s when I knew some of my soul was gone , lol

Picard Madeoff

BUT you still own a surfboard, have great kids and a 2nd wife who tolerates Rocks!

Rocks local

‘tolerates’ is generous, haha

she is an angel , definitely has most of her soul intact!

Picard Madeoff

As it should be!

Low wide stinkbug stance

It’s pass the parcel between the AI companies and NVIDIA.

You don’t even have to go looking for crackpot “buy physical gold” pundits to get the scoop.

Even the mainstream media are reporting that it’s unsustainable and can only go tits up. None of these AI companies can make the money they need to pay back their debt and no one’s going to pay the prices they need to stay afloat.

Time to short them and be like Eddie Murphy at the end of trading places.

Juot diaz

Before AI implodes the zionist ethno state will be slowly extinguished by the world’s unified hatred.

Captain Clark

I do indeed like debt makes slaves. Its true! I went to buy a boat recently. Had the cash, didn’t want to part with it. So, I tried a HELOC loan. Kinda a long story as to why, but the short of it is, the boat was home built. Had no blue book, hence no value. According to them of course. So, did it. HELOC done, boat mine. I made a few payments and realized I was being robbed. Principle not going down, only paying interest. So, paid the HELOC off. Credit before HELOC 850, maxed high. Credit after, 625. The reason, I had zero debt. No cards, loans, nothing. Only found out when I went to buy my son a truck and the salesman said, your credit sucks, kick rocks! I say that to say. This system sucks!! Im living proof!!! They want you to be in debt. There is no reward for being debt free. Even your tax man says, get some debt. You’re rewarded for having the right kind in the right places. Just depends on how many lawyers you’re paying to keep the proper umbrella pitched and you in the shade.

Chief Hot stuff

Ok boomer.

Phil's Wart

Hahaha


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