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Pearl Harbor 2.0
Stock market collapses, 8.5 hour Lex Fridman podcast, and Warren Buffett sells 50% of his Apple Shares
Good afternoon LPs,
Sorry for getting the newsletter out a day late. My flight was delayed traveling back from my weekend bender at Lollapalooza, and now I’m in a heated legal battle with United Airlines. This is why I normally fly private. Here’s what we cover today:
Stock Market Collapse?
Lex Fridman’s 8.5 Hour Podcast
Warren Buffett Sells 50% of His Apple Shares
Shout out to the Wannabe Angels podcast for interviewing me. We chatted about building Jabroni Capital, raising a $53M ICO, and my plans for world domination. Go listen to the episode here and check out their podcast here.
Stock Market Collapse?
24 hour stock market:
• Google $GOOGL: -11%
• Amazon $AMZN: -10%
• Microsoft $MSFT: -9%
• NVIDIA $NVDA: -11%
• Apple $AAPL: -10%
• Meta $META: -10%
• Tesla $TSLA: -10%— Watcher.Guru (@WatcherGuru)
7:06 AM • Aug 5, 2024
On Monday Japan’s stock market experienced its worst crash in 40 years leading to a bloodbath in the global markets.
Yesterday was so bad that Jabroni Capital analysts are calling August 5th of 2024 Pearl Harbor 2.0.
The only people unaffected by this crash were poor people because unlike me and my dad they don’t own 800,000 shares of Nvidia.
To hedge our bets Jabroni Capital purchased $200M worth of the three safest assets we can think of: Anheuser-Busch, Menthol Cigarettes, and signed Taylor Swift T-shirts.
When you’re depressed you drink. When you’re stressed you smoke. When you’re broke you buy Taylor Swift tickets.
Lex Fridman’s 8.5 Hour Podcast
Here's my 8.5 hour conversation with @elonmusk & @neuralink team.
It is the longest podcast I've ever done! 🤯 It's a fascinating, super technical, and wide-ranging conversation.
It's here on X & everywhere else, including YouTube: youtube.com/watch?v=Kbk9Bi…
On X, it's split up… x.com/i/web/status/1…
— Lex Fridman (@lexfridman)
6:21 PM • Aug 2, 2024
Over the weekend notorious tech podcaster Lex Fridman published an 8.5 hour episode starring Elon Musk and the Neuralink team.
The podcast covered topics ranging from Ayahuasca, to aliens, to God, which to the average person seems like a rare and epic discussion, but this is just what happens when you lock 2 autists in a room together for half a day.
Here are a couple things you could do in the time it would take you to finish the episode:
Go to Vegas and blow $400M on craps
Give birth to quadruplets
Chain smoke 4.5 cigarette packs
Charter a private jet to the French Riviera
I forced our unpaid intern Jeff to watch it and take notes, but even after drugging him with 40 MG of Adderall, 2 tins of Zyn, and 8 Red Bulls he fell asleep after 4 hours of listening to Lex’s robot voice.
Warren Buffett Sells 50% of His Apple Shares
🚨 BREAKING:
Buffett sold off almost half of his entire Apple stake ~ over $50B worth of shares
$AAPL is still Berkshire’s largest at $84.2 Billion worth of shares at end of Q2
Berkshire’s cash holdings to a record high of $277B
— Warren Buffett Stock Tracker (@BuffetTracker)
3:27 PM • Aug 3, 2024
Right before the stock market crash legendary investor Warren Buffett sold 50% of his Apple stake worth $50B+ and bought $277B worth of Treasury Bills.
According to our reports right before he sold, Buffett took Tim Cook and Nancy Pelosi to dinner at Olive Garden. When asked what they talked about, Buffett said, “we DID NOT discuss the impending financial collapse, we just love endless breadsticks”.
Hoards of mid-wit financial analysts in Men’s Warehouse suits rushed onto Twitter to tell us Buffett's trades are nothing to be worried about.
But personally I trust the wisdom of the ancient gargoyle man who whose so fucking old that he could drive when the atom bomb was dropped on Hiroshima.
Memes
When it’s Black Monday but you own Lockheed Martin shares #stockmarketcrash#WWIII
— 🧩 aaron 🧩 (@JHardRTolkien)
9:31 AM • Aug 5, 2024
Lockheed Martin was the real winner this week.
Warren Buffett watching every asset collapse while holding a quarter Trillion in T-Bills
— Geiger Capital (@Geiger_Capital)
3:17 AM • Aug 5, 2024
I hope when I’m 93 I’m still trying to watch the world burn.
I was at this lunch but sadly in the bathroom when they recorded this.
Song of the Day
Here’s the song of the day. I belted this 2000s classic on day 3 of my bender at lollapalooza.
I’m drinking a mixture of Tequila and the tears of founders too broke to afford VIP.
I’d love your feedback on what sort of content you’d like to see or how you think I could improve :)
How was the newsletter today? |
That’s all for this week folks,
Jack Kuveke (J.K.) | GP @ Jabroni Capital
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