This week @jvisserlabs explains the death of hedge funds and why so many of them are blowing up. We cover the lessons from LTCM, why CPI doesn't matter anymore, whether Anthropic growth is slowing, why bitcoin is holding strong, how tokenization could reshape Wall Street, and Elon's flying car. YouTube: Spotify: Apple: TIMESTAMPS: 0:00 - Intro 1:12 - What LTCM teaches us about today’s market 14:10 - Tokenization & the death of hedge funds 17:40 - Why bitcoin is holding strong 23:33 - AI is offense, bitcoin is defense 26:47 - When bitcoin’s next rally happens 29:38 - Why CPI doesn’t matter anymore 35:59 - Debate: is Anthropic’s growth slowing? 54:02 - Elon’s flying car & a Tesla SpaceX merger 57:26 - AI capital needs & market liquidity