🚨 JEFF BEZOS ON HIS VISION FOR HUMANITY IN THE SOLAR SYSTEM: "I would love to see a trillion humans living in the solar system. If we had a trillion humans, we would have at any given time a thousand Mozarts and a thousand Einsteins. Our solar system would be full of life and intelligence and energy." How we get there: "The only way to get to that vision is with giant space stations. Planetary surfaces are just way too small. We'll take materials from the moon and from near Earth objects and from the asteroid belt and build giant O'Neill-style colonies." What life looks like: "People will get to choose whether they live on Earth or whether they live in space. You can spin the stations to get normal Earth gravity. You can put them where you want them." "People will go to Earth for vacation. Same way you might go to Yellowstone National Park."

🚨 ARK INVEST CEO CATHIE WOOD ON THE MOST IMPORTANT AND UNDERAPPRECIATED AI APPLICATION: "What people aren't talking about enough? Healthcare. I know that doesn't sound sexy, but we think it's the most profound application of AI." Why healthcare is the biggest opportunity: "Companies like Anthropic and OpenAI are saying healthcare could be the most important application of AI. We know nothing effectively about biology." The scale of the problem: "There are 3 billion base pairs of DNA in our bodies. 40 trillion cells. We are walking proprietary data factories, each one of us. I think AI is gonna crack the code to life, health, and death." What's already happening: "Now that we can identify mutations, which are the earliest manifestation of disease, we can begin to reprogram them, edit out those errors, and cure disease or prevent disease before it happens. CRISPR Therapeutics is already curing beta thalassemia and sickle cell disease. In its pipeline is a cure for bad cholesterol."

💰 HERE IS WHAT IS INSIDE 1 SHARE OF $BRK BERKSHIRE HATHAWAY - 34% Cash and T-bills: $365B, a Berkshire record - 28% US Stocks: $299B, top 5 positions = 72% of it - 38% Businesses it owns outright: ~$415B across insurance, rail, and energy Top stock holdings include: $AAPL Apple $AXP American Express $GOOG Alphabet $KO Coca-Cola $CVX Chevron Warren Buffett is also holding more cash than ever in the company's history.

🚨 MICHAEL @SAYLOR ON WHY BITCOIN IS AT THE BEGINNING OF A BULL MARKET: "We normally look at where Bitcoin is versus the 200-week moving average. We bounced slightly below it. Now we're moving up at a 25% premium." The headwinds that are now rotating into tailwinds: "Headwinds were restrictive trade policy, restrictive foreign policy, restrictive monetary policy. Now we're rotating into tailwinds." What those tailwinds look like: "A very favorable regulatory environment. Banking adoption accelerating. Tokenized securities and the digital asset space accelerating. The formation and strengthening of digital credit networks. Banking credit coming online." "All these things are very auspicious for the asset."

🚨 COINBASE CHIEF BUSINESS OFFICER @ShanAggarwal ON INSTITUTIONAL BITCOIN ADOPTION: "Institutions really want trusted market infrastructure that's been purpose-built for the crypto economy. Coinbase has really built that over the last decade." Who they're working with: "Coinbase serves as the custodian for most of the Bitcoin ETFs. We work with BlackRock, JPMorgan, PNC, American Express, and we now work with 6 of the top 20 global systemically important banks in the world." What institutions actually want: "They're really looking for trusted, regulated market infrastructure that offers the speed, programmability, and 24/7 availability of crypto. Being a publicly traded company that has gone through significant operational due diligence to have that regulated custody stack is what positions Coinbase well to serve as the partner of choice."

🚨 @LynAldenContact ON THE DIFFERENCE BETWEEN ORANGE JUICE AND STRATEGY: "I wouldn't call it an anti-strategy. It's just a different model. Not a pure play like the pure Bitcoin treasuries." The thesis behind it: "We have a view that cashflow combined with a Bitcoin treasury strategy creates more permanent capital. Instead of having to constantly issue securities, you have more optional security on top of a more operational foundation."

🇺🇸 Here are the Largest ETFs from the 25 Biggest US Issuers $VOO $IVV $SPY $QQQ $SCHD $JEPI $DFAC $RDVY $FBND $GLD $AVUV $SMH $CGDV $TQQQ $GSLC $USFR $PAVE $MINT $SOXL $PVAL $JAAA $COWZ $BOXX $GRNY $QQQI

🚨 JPMORGAN CEO JAMIE DIMON ON GOVERNMENT DEBT AND THE WARNING SIGNS: "We can't borrow endlessly and spend endlessly. If you look at the buildup in debt around the world, America's gone from 50% of GDP to 100%. Countries around the world are borrowing money. We can't be complacent." On how it ends: "There will be a point where the market will ask for more and more and more. At one point that'll feed into corporate debt, corporate credit spreads. That's how it normally happens." His advice: "The best thing to do with any of these things is deal with it before it becomes a crisis. If it becomes a crisis, we will deal with it. It just will be in a much less pleasant way."

🚨 JEFF BEZOS ON BLUE ORIGIN: $28 BILLION IN, NOW TAKING OUTSIDE INVESTORS FOR THE FIRST TIME: "I personally invested $28 billion in Blue Origin. We just raised $10 billion from outside parties for the first time." Why he took outside money now: "One of the primary reasons is that I see the financial future of Blue with some clarity now, and I didn't really wanna take outside investors until I was sure that it would be a good investment for them." On an IPO: "Yes, I think someday Blue Origin will have an IPO. Exactly when, I don't know. It would be several years from now. But it probably makes sense for Blue Origin to be a public company at some point."

There's a quantum podcast going down on @WOLF_Financial with the CEO and CTO of @infleqtion today at 12pm ET Excited to hear what our sponsors have been up to at Infleqtion 👀

🚨 PAUL TUDOR JONES ON WHERE THE MARKET GOES FROM HERE: "We are literally exactly like 1999 in the sense that we have kind of a 2-speed economy." On the runway still ahead: "It's hard for me to see much beyond December 31 professionally because that's gonna be really important for a fund. I'm trying to think tactically about what I wanna do for the rest of the year." His Q4 read: "If you go back and look at midterm cycles, a whole variety of things, it would tell you that we should have a really, really strong Q4 coming out of the midterms. The market typically bottoms."

🚨 ANDURIL FOUNDER @PalmerLuckey ON CHINESE 🇨🇳 INTELLIGENCE OPERATIONS: "How many computers exist in critical utilities and infrastructure and military? Millions, at least. How many of them are compromised by Chinese intelligence operations placing listening or false components in them? Some people would say zero, and I think they're crazy." His personal experience: "I have personal experience with China placing listening devices into sample products I would receive from Chinese factories. This was my previous company, Oculus VR." "Multiple times we discovered actual wiretap electronics in product samples that were given to us. They would listen to us and transmit the voice samples over a cellular radio." "If I experienced them trying to steal our technology and our decisions even as a small company, surely they're targeting every government, every company."

🚨 ELON MUSK ON THE LONG-TERM PURPOSE OF EXPANDING INTO SPACE: "The sun is 99.86% of all the mass in the solar system. Earth is basically a tiny dust mote, a rounding error in the mass of the solar system." On what all that energy gets used for: "As you expand into space and harness more of the sun's power, you're gonna use it for a lot of digital intelligence. You're either gonna do computation or you're gonna shape atoms. There's gonna be a lot more digital thinking than shaping atoms." The ultimate goal: "A lot of the atom shaping itself will be for the purposes of building digital super intelligence and what I call creating a sentient sun. It may be that there are many sentient suns out there." "That would help us understand the nature of the universe and extend consciousness beyond our solar system. Maybe we'll find alien civilizations out there. Or we may find the long dead ruins of alien civilizations that had a really good run, like 10 million years."

🚨 @Fundstrat CIO TOM LEE ON WHAT FALLING RATES MEAN FOR STOCKS: "We're reaching sort of the peak point in rates. If rates actually fall, and that may be highly correlated to what energy does, that's gonna take a lot of the pressure off stocks and P/Es can expand." "We're at the point here where rates are no longer a negative story for equities."

🏠 CEO of Reventure @nickgerli1 ON THE WARNING SIGNS IN THE HOUSING MARKET: "Existing home sales are around 4 million annualized right now. That's about what they were in 2008, 2009 during the worst financial crash in 80 years. Demand right now is comparable to that period." The builder signal that only happens in recessions: "Builder supply on the market is over 9 months of supply. Normal is 5 to 6. That only happens in economic recessions. You're seeing things that only happen in recessions, collapse in sales, builder supply through the roof, that are happening right now." The disconnect: "We haven't seen a legitimate economic recession. The unemployment rate is still 4%, the stock market is still booming. Part of me wonders if housing and the weakness in demand is kind of warning us about what the average American is feeling." "Maybe at some point we will have a labor market recession."

🚨 ARK INVEST DIRECTOR OF RESEARCH @LorenzoARK ON BITCOIN'S PATH TO 2030: "We've been tracking Bitcoin since 2015. Its position as a store of value, permissionless money is cemented. I think it's still very, very early in the Bitcoin journey." ARK's price target: "In The Big Ideas Report, ARK projects Bitcoin's market cap reaching roughly $16 trillion by 2030. That puts it at about a 63% annual growth rate, implying a price somewhere around $750,000 to $800,000 per coin." Is the target still intact: "We're still very, very confident. This asset class is very cyclical. You will have years like this 1 where Bitcoin has been flat to down. But you will see years where there will be exponential growth. On average, in the next 5 years, we still think we're gonna have 50 to 60 plus percent CAGR with an asset like Bitcoin."

🚨 $ADA CARDANO FOUNDER @IOHK_Charles ON WHY HE DOESN'T TRUST A DIGITAL EURO: "We all know what you're gonna do with it. In 10 years you're gonna have digital euros in your bank account, and you're gonna go to buy some fuel, and even though you have 2,000 euros in your account, it's gonna decline your card and say, 'You've already purchased 50 liters of petrol this month. You're not allowed to buy anymore.'" "Don't believe it? Then put it in some sort of law that you're not gonna do it." Why crypto wins: "That's why my industry's winning. Because we have enshrined in our technology not 'don't be evil.' Can't be evil." "Part of the social contract is we are turning over more and more of what it means to be a human, the good stuff and the bad stuff, to digital systems."