Our Biggest Trade Ever (and what we're buying next)

If you watch dumb money at all, you know that we've been extremely bullish on Nvidia stock. The last time we talked about it, we called Nvidia the only stock that we're buying right now. Going back two and a half months, we told you exactly why we're getting back into Nvidia. Unlimited demand for GPUs, how insider selling and China fears were totally misunderstood and how Sovereign AI is a trillion dollar tailwind that the market just isn't pricing in. Bottom line, this is the biggest revolution of our lifetime in Nvidia is the infrastructure layer. And once the market woke up, we knew that the stock would pop and what do you know? We were right. Since that video, just 75 days ago, Nvidia's stock price is up 50%, but our trade is up way more than that. Today on dumb money, we're going to tell you exactly how we played it, how we're planning to do it again, and the new stock that we just bought. Hey there, Dave here, along with Chris and Jordan, we are dumb money, welcome to dumb money live. Quick reminder, smash the like button, like the smash button, do the things. It really helps out with the algorithm. Chris Jordan, it looks like history is continuing to repeat itself this morning at market open. Nvidia stock was down 2% because of again, insider selling and China chip supply issues. But still Nvidia, the biggest company in the world, four trillion dollars, they're bigger than meta and Google combined. And while I was loading up on more stock, Chris, I know that you were leveraging up on Nvidia call options and everybody wants to know how you did. And I want to know if you even know their percentage gain in the last couple of months, because I can't even imagine it's been so fun, man. This is what we do this for. Sometimes like this, I've always said you really only need one or maybe two big trades in your entire life to be a top 1% investor. And if you get lucky enough to hit maybe three or four big trades over the course of 20 or 30 years, you'll definitely be like a top 1/10 of 1% investor performance wise over your lifetime. People don't believe me. And when Jack Schwager interviewed me for a no market wizard just a few years ago, I said, he asked me if I thought I could continue the kind of returns that was 70% annualized returns. I know for sure with every bone in my body that the largest trades are ahead of me. And when I say ahead of me, I mean ahead of everyone. So I think that way still, even after this Nvidia trade, which is the biggest trade in my life, I think the largest trades are definitely ahead of us. Because as we've always said, as the three of us have been saying for, I don't know, eight years on this channel seven years, the larger the change, the bigger the opportunity, the faster the change, the bigger opportunity. And we've never seen a larger change happening during our lifetime this quickly, anything remotely close to this quickly, therefore it's inevitable that the largest investment opportunities of our entire life are about to happen. I think certainly Nvidia was the first of those really, really big ones, right? So many people have asked me, like, how did you structure the trade? I want to go over that really quickly. But also I want to say this, social or when I used to talk about it, observational investing, people used to knock on it and would say, well, that only works for small companies that are off radar to Wall Street, right? There's no way that you can see things that are really meaningful, that are needle moving, that haven't already been picked up by big institutional investors that have access to unlimited resources, unlimited data sources, and massive amounts of just people power. And Jordan, when we worked at ticker tags, our company, and we sold that to many of the biggest funds in the world, we saw behind the curtain and realized how untrue that statement is. There's not a lot behind the curtain. And we knew that we could continue to do this, not just with small companies, but with the biggest companies in the world. And I think the biggest edge that we could have as retail investors is the ability to eliminate noise. So all of Wall Street is so focused on all the BS noise, the macroeconomic noise, the geopolitical noise, what is Powell going to do today, what is Trump doing today? Certainly there are some arbitraids there, but that's not where the alpha is because that's where everybody's looking. How on earth did they miss this in video trade? Because Dave, this wasn't just like a broad base in video trade. Oh, they're the infrastructure company. We were trading very specific pieces of information over the past nine, ten weeks that we were like, this is essentially inevitable. It's so obvious that this is about to happen and yet nobody's seeing it because they're so consumed by noise, like we also had the added benefit of that noise bringing this incredible opportunity to us because it pulled the stock price down. It pulled it down irrationally, kind of in a similar fashion to remember when our other biggest trade of our career, the cobit trade, when it pulled down all the companies that would actually benefit from work at home, like Amazon, Shopify, Peloton and then we loaded up and that was the other biggest trade of our life. That trade collectively was larger than this one, but it was across so many different tickers. This was a single ticker and I'll give you just one example where it was just so obvious, so obvious when Trump was going over to Saudi Arabia. We knew a week earlier, Jensen was going to be involved in that, they were going to announce the first big sovereign wealth. If you dug through the research and what people were saying behind the scenes, when you saw that plain gift, it was so obvious that all they wanted at the UAE in Saudi, all they wanted was compute, that's all they wanted and we knew that that was the actual purpose of that entire trip and it was really hard to even think up a scenario where that wouldn't happen. Of course, Nvidia blew up on that and there were like five other story lines over the past nine weeks related to Nvidia that were almost equally as obvious, the biggest being. Of course, they're going to get a relaxation of the chip export rules. Why? When New Jensen was working on these chips in China, he basically said it, he's not going to do that if he didn't have absolute confidence of what he was going to get, also we so obviously need rare earths more than anything that exists in the universe in order for our country to continue moving forward and China has a stranglehold on us at least for the next so many years when it comes to rare earths and the ability to actually process those rare earths for us in a way that it can be utilized for all of our computing or manufacturing or automotive industry, like literally everything, okay? And China made it very clear in their moves that they were going to hold on to those rare earths as a negotiating chip. What is the one thing that China wants, literally the one thing that China wants more than anything in the world, they want compute, they want chips, they want chip designs, they want the chips, they don't necessarily need them for 20 years, but at least the next few years until they can get their own chip kind of acceleration and technology up to standards they need them. So how, like the risk of war here was insane. And so yeah, I had put, people asked me how much of your portfolio did you put at risk. In general, I was putting between 3 and 10% of my portfolio at risk every week invested in Nvidia options because you were doing weekly options and continuing to roll them week after week. Yes, but I would, in some cases, a couple thousand option contracts. Every week, I was investing kind of with a strike price either where it was currently trading or a little bit in the money, okay? Once those options would hit somewhere between a two and a three X return, I would immediately sell them and then use not all of the proceeds, but part of the proceeds, usually about 50% of the proceeds to purchase new options that would expire at the next week. As soon as those would hit two to three X, I would do the same thing over and over. I believe I did this about nine or 10 times. I know that's hard to believe. There were like, I think one or maybe two times where I don't know if I got zeroed out or maybe I got like, I got hit with a 50% loss on that week's options. And what I would do then is I would actually double or triple down because I had conviction, right? We always say this. The most powerful thing in the world for an investor is conviction. Because when you have conviction in your thesis, as long as the thesis doesn't change, then if you have an opportunity to go and you get hit on your trade and you have an opportunity to go and even deeper if you believe in your conviction, which I believed, I appreciated those drops where other people were upset, they're like, Oh, I'm going to double triple down and I would make even more money on those weeks. So yes. You need to have the conviction. But then you also have to have the patience and then you have to stick to your plan. You can't just say, Oh, it's down this week. I'm giving up. If you have that conviction, you just, you have to get back in. You can't just say, Oh, it's over. Yes. And listen, this, this is a really special trade. It's been a really special year. I'll say this. I don't know what the exact returns on the Nvidia trade are. I'll have to figure that out sometime so I can share them. You know, I'm terrible when it comes to like, that's actually analyzing. I figured you would have no idea how much money you actually, no, I'm not much money. Roughly even though where your portfolio was a month and a half, two months ago and where it is today. So I'll tell you this, I want to say when the market hit its lows, when we did the show with grams, you know, when we did the ice coffee hour with Jack and Graham, I want to say my portfolio was even even ish or maybe even down a little bit for the year and that was like April ish. Does that sound about right? Yeah. So now my total portfolio, my trading portfolio, right? It's the trading portfolio that I've had for 17 now, maybe 18 years that Jack Schweiger audited and the one I get publicly audited. That portfolio has now tripled total portfolio since the start of this year. So I'm up, you know, congratulations, reacts total portfolio and not all of that is Nvidia, but a very good chunk of it is Nvidia. So again, guys, I just want to emphasize how critically important it is to not try to trade all the time, but just to wait for the big like, like if we always think like a big wave surfer, you wait for the big one and then you flop, you do whatever it takes to get there and you have you really did it and but you went all not all in, but putting a substantial chunk of your net worth into expire, weekly call options, which is an insane thing to think about just by comparison, when you say network, when you say network, it's liquid, the liquid, the liquid network, not not, you know, any of my privates or businesses or any of that stuff, but yeah, go ahead. Sorry. The time that you three xed your liquid net worth, I only grew my account by 42%. And normally I would be, I would be like dancing on the rooftop over that, but you, I just, good job. Good job. You've, you've actually figured out that this is, this is the trade. You had the level of conviction that I also had, but I was not just, I was not willing to risk five percent, two percent, one percent of my portfolio on call options that are going to expire at the end of the week. Two things. One, someone's asking, you know, what's the size of my portfolio? I don't like to like regularly release that, although I am going to ask Jack Schwager to reaud it me before the end of the year and he usually will release that. He might want to keep that for his next book that he's coming out with. I think this next year. So it will eventually be fully public, but I will release the annualized return. I do want to say this, the way the strategy I use, which is super simple, it's not complicated or sophisticated or nuanced. I already described it with the rollover strategy. It provided a lot of protection on the game. So like, you know, I was always kind of reinvesting like roughly half, right? So I was always kind of protecting a lot of my profits from this trade as I rolled it over every week. The reason why I did that is because there are always so many unknowns, things that you can't account for, macro moves, all the other stuff that we're aware of, right? So I didn't want to like make all that money and then put it all at risk every week. So I think that's a really, for me, again, we're not financial advisors, guys. We're not saying to like mirror this strategy, but a lot of people been asking, this is the right strategy for me, okay? Based on my restaurants, not your restaurants. So do not mirror any of our trades or strategies or any of that stuff. Talk to financial advisor, do what's right for you, just making that really clear here. Jordan, you, I know that you did trade in video over this time period. You're way more conservative, which, you know, a lot of people that watch this show love, because they're never going to do what I do, and that's totally fine. How did you approach this and like, how did it impact your overall portfolio or just your Nvidia holding over the last? I don't ever take a huge position, like, I'm not going to put a 3% position into options. That's off the table for me, so I'm not doing that. So it was great, like, Nvidia did well. Did it ultimately generate a double digit return for your total portfolio, or are you in the single digits in terms of the impact Nvidia made for your total portfolio? Oh, I mean, I haven't even looked at it, so I couldn't tell you. Okay. So my portfolio has been doing great, but Nvidia is just a portion of that, right? It was never an outsized trade for you, right? It was just like one of the trades you've made over the past. It was kind of similar size compared to the other stuff you've been doing. Yeah. I keep up, you know, I keep things small, I keep risk small. So I don't, you know, I don't gamble with huge, you know, with, with, yeah. And the huge options positions, if I do often positions are really small, equity positions, which is mostly what I was doing with Nvidia, it was just equity. I know so many people are always thinking, should I think more like Jordan, more like Chris or something in between like Dave, you don't have to like treat your entire portfolio as one portfolio. We always talk about this. You can bucket your portfolio. You could actually literally open up multiple brokerage accounts if it makes it easier from a psychological perspective. And you could have a portfolio that's kind of like more aggressive that is money that you can afford to lose that you manage kind of like me and you could have a portfolio where you think about things exactly the way that Jordan does, you know, or you can just take a middle of the road approach like Dave, but that's an option for people. And I think that a lot of people don't understand that that is an option. You could have a big money portfolio, a portfolio that is designed to take big swings, big risk and potentially make really big returns if you call it right. And with some people, what some people do is they'll have their long term holdings, right? It's just equity positions and then they have an options account, right? And they can then swing for the fences in the options account and then be a little bit more nuanced and conservative in their long term holding account. Can I show you something before I forget, guys, by the way, before I show this, if anyone has a desire to ever send me something like this, please don't because this is the most amazing thing ever, but I now am out of room in my closet, which is the only place in my house I can put anything. Oh, I know what I'm about to say. One of my friends who have been friends with for a while who's also a big dumb money fan, watches all of our shows, has done so well over the last few years that he went out and had a custom pair of dumb money Air Force ones made. Can you see this? Look at that. How insane. That is so amazing. That is so amazing. How insane is this? Dude, this is the craziest thing I've ever seen in this custom box. Even that dumb money logo is amazing. The shoes themselves with the $100 bill swoosh and that's the craziest thing I've ever seen. I think it's a combination of fake and some real cash as well. I don't even know what to say. This is the most thoughtful, coolest thing and all I'm thinking now is you know I like to wear my shoes, not just, you know, just play them. I am going to, you know, we're talking about doing a dumb money get together. One of our community members, I'm going up and talking at that pop conference in New York, September, I don't even know when it is I forget and it's a retail investor conference and maybe doing a little like get together for the New York dumb money community and maybe I might just have to break that box open and wear it. You can't break the box open. It's too beautiful as a display piece. I know. I'll put it back in the box and I'll keep them pretty much clean. You know, anyway, that's that's that. It's been great. That was the perfect topper to end the NVIDIA trade for me is getting that gift because I know that a lot of people in our community really did their own research dug into the NVIDIA trade themselves. I've been getting so many DMs, so many, if I don't respond it's because I'm just overwhelmed guys. I'm doing a lot of travel now, but I love that our community members just made an absolute killing. By the way, I want to say this also, I am out of my leverage in video trade. I do not hold any in video options right now. I'm out. I'm fully out. It doesn't necessarily mean that NVIDIA is not going to skyrocket and that doesn't necessarily mean that I won't get back into NVIDIA, Leverd. If I think there's some piece of information that we want to trade. I'm not, I don't have any options at all right now except your investment thesis is already played out. And so that is the sign that you don't want to be hyper leveraged in that trade anymore. I still have. I'm sure you still have in the NVIDIA stock. There's still a lot of equity, right? A lot of NVIDIA. Yeah. Absolutely. Yeah. I still have this. I still have my core NVIDIA equity position. And I might later in some options here and there. So guys, the only option I have is a very tiny option position. And it's for a non-high conviction trade. I just started. Now that I'm like over the NVIDIA trade, which is consuming, because you know, when I trade something like that, here's the thing that people don't understand. I am spending hours every night reading mostly junk, every tweet, every news story, every leak, every perspective, every technologist, everything coming out of China, just to make sure that I'm not missing something. I become obsessed because the last thing I want to happen is to have a piece of news hit that would impact that options trade, which could lose me mid to high six figures. In some cases, seven fingers that week on just that one week's trade. So I did not have a lot of time last two months to focus on traditional social or, you know, looking for pulling data, looking for trends, but I just started digging back in this last week. I will share a bunch of stuff with the community on the discord, dominate.tv/discord, only in the research channel, the research trade channel. But I did come across something, I share what you guys, I don't know what you think about it, it is interesting, it's not my conviction, but it's interesting. And I was just looking to see if I could pull up the clip that you sent. I'm working remote and don't have the ability to share it on the stream. But when this becomes a replay, hopefully we'll be able to pull it and put it together. So basically, Dave, can you pull up a Google Trends or no? I was, I literally, I don't have the technical capability from where I am to pull up and share my screen. Next time we do a show, I will work out the kinks, but this was a last minute prep. Okay. Okay. So I was walking on the beach just like an hour ago and now I'm here doing a show. So if you're watching right now, go on to Google Trends, readjust to worldwide, past five years and just pull up the tag Yeti bag. So why ETI, space bag. So in the, there's a bag called the Camino bag. It has been around a long time. We're talking years. It's barely changed. They have new colors, they've added some pockets on the interior. This is kind of like a plastic tote bag, nothing crazy. It's not insulated like you think of with Yeti bags, it's just a tote. It costs like three different sizes, 150 to 250-ish dollars. That's the price range. So it's, it's kind of expensive for, for, for bag. It's similar to the bog bag that went viral the last couple years, but it's a little better featured. It actually feels more comfortable than the bog bag. It's not as like wide. It has better functionality. Collapsible. I never really got the bog bag because it's not collapsible, it's a big foam weird thing. I think the, this Yeti bag, I think is a lot better. So there is a single TikTok video that came out a few weeks ago that it's out of nowhere. This bag that's been around a single video set off an avalanche of other videos and comments and interest, and now the communal bag by Yeti has become the mom bag of the summer, 2025. And you know, this is what we're all about. So this one bag, can it be a needle mover for Yeti? That is the big question. And I visited the Yeti store Dave right by our house. I did. I, first of all, I watched about a hundred videos on the communal bag. I read a few thousand comments on the Yeti bag. I got in the mind of all the moms who are going crazy about the new communal bag. Then I went to the store and I talked to the clerk and sure enough, there were only a couple in inventory, the color that nobody wanted. But I did get to hold the bag in my hands and see it. And I wanted to, oh there it is, this, this is my low tech way of sharing my screen today. And now one has a little attachment on the bag, like a little like side cart bag. But what was interesting is she said it's one of the biggest things that they've ever had. She said that they've been fielding phone calls constantly on it. It's obviously sold out in almost every color. Most people do not have a Yeti store by them because there's only like 50-ish, 30 to 50. I forget the exact number of Yeti stores in the US. So most people have to go to Dick's Sporting Good. So if you have a Dick's Sporting Goods, you might want to go by there and check it out yourself and speak to the people there. But she said absolutely it's bringing massive foot traffic to the store. So when we see something like this, the thesis is always the same. It's one big product that product might not be a needle mover in and within itself. But oh, there's the graph. You can see it. I mean, that is insane. That's Yeti bag. Look at the way it shoots up. That's just the last two to three weeks, okay? So the thesis is that this bad going mega viral will one bring millions of eyeballs and a foot traffic to Yeti just looking to see the bag for themselves if they want it or don't want it. And then once they're in the store or once they're on the website, you would have to imagine the way things work in the world is for X number of people that you're able to get to see your products. One of them is going to one out of so many is going to purchase something random, all right? So they'll see another bag they like. They'll see another little thing that they didn't even know existed yet because you're not just casually going to Yeti.com, right? Unless there's a reason to. But now you have a reason to because you want to see what this bag is all about. You want to see the different colors, right? You want to see if maybe it's something you want to buy or not. So that's a big deal. The other big deal is that because this one product is so popular and so hot and so trendy right now, that cast a positive light on the entire Yeti brand, which for a lot of people, not everyone, but for a lot of people, hasn't really been the hot trendy brand in the last few years with, you know, the other because there's so many knockoffs and so many, so much competition is entered the space that Yeti, while still the aspirational brand, you, if you just need to find another one of the mugs, the Stanley, there's, there's Arctic that makes. There's so many colors that you need, you know, I'm, it's, you know, but so they ordered you think Yeti saturated? Well, I thought that Yeti was super saturated, okay? I was super concerned about the company. I actually have a note that I made for myself, not too long ago, and the note says research shorting Yeti, not because I had any information on Yeti, but because it's one of those brands that I'm always thinking might fall apart because of oversaturation, okay? If they don't execute flawless, and if you look at a five year chart, they, they did fall apart. They're stuck. They'll, yeah, you're looking at an artificial button, it's not artificial. The bump that you're seeing was at the peak of the Yeti Cup craze, which obviously couldn't last forever. So now the big question is, how do they rebuild the brand to be something sustaining, or is it a flash in the pan where it becomes really weird to have the logo Yeti on anything that you own? But that is the three month chart. So they have, it has been discovered, and it is recognized now as making some sort of a comeback, and all I needed to see for me to get into this trade was that Google Trends chart, the searches for Yeti bag being basically flat for five years, and then accelerating off the top of the chart, that's all I needed. And so I bought options. So I have a few options, but here's the thing. I did not have, I did not put 20, 30 hours into researching Yeti yet. There's a lot of stuff happening at the company. There's the tariff stuff, they're trying to get their cups 95% out of China. The big storyline for Yeti right now, for investors without having a trending product, is the international expansion. They had two big key hires that they recently made. These are two amazing executives that have really done a killer job with international expansion at their last companies. Their goal is to expand Yeti throughout Europe and to expand Yeti throughout Asia. So that's the underlying potential big story for Yeti. I don't think that this bag up until maybe the last couple of days, because since I did share it in Discord first, yesterday, to our super followers, but I don't think this bag was on most people's radar, at least institutional Wall Street. But the data is obviously starting to show up now. I just don't know if this bag, in fact, I know it probably will not move the needle this quarter. Earnings are like August 7th or 9th. This is happening too late in the quarter. They're not going to have enough inventory for it to move the Yeti needle. But it could potentially impact the forecast projections for next quarter. It's a nice talking point. I just don't know how meaningful this is. But when I see something that is this hot, I know it's potential to move the needle in other ways. And I can't help to throw some money behind the brand that has the hot product. That's always something I'm comfortable doing. But you know why? It's like gambling on a roulette wheel where you have a couple extra, you know, red-pasted extra slots. A couple extra double zeros to bet on. Exactly. Yeah. Nobody knows about that. It's like the roulette wheel is tilted in your favor. And so it doesn't mean you're going to guarantee a win there, but it means there's something a little extra that maybe not all the investors are familiar with that you are. And so for me, that was worth throwing some money into equity at Yeti. And at least I got, I got some options, but it's not a lot going into earnings next month. That's what I did too. I got some going just just after earnings date, expecting that this is not going to actually impact their earnings this quarter. But I just would love for them to say, and they're the type of company that would say we've seen an uptick in interest in this line. And all that's, that's really all I'm hoping for in earnings is them to mention. That they've seen something positive that they can maybe not even put a projection out, but just that this is impacting or has the potential of impacting in the future. So just so you're aware in the last earnings report, they did call out the Camino Bag as something that was already picking up traction. Okay. There's nothing to do with the video. The video came after that. And it was interesting, obviously the Yeti, obviously the Camino Bag was already kind of doing a little bit better than expected going into the quarter. And that's interesting, because the stock chart basically went straight up since that last earnings. So it's kind of like maybe there will be an impact. If they were already seeing it last, I didn't read the earnings transcript because I'm on vacation. I think it's more about international growth. And I think it's more about tariff cooldowns, right? Like because like the tariff situation was really scary. What the company announced in the last earnings call is that they were going to be able to pull 95% of the Yeti mug cup stuff out of China, I think by the end of this year. So they were going to have essentially almost no exposure to China starting in 2026. And that they said they still would be impacted for another quarter or two. There are still some headwinds, but there was light at the end of the tunnel. And I think that more than anything else is what investors were focused on. I do believe that this Camino Bag is something a little extra, right? That I don't, I just know how institutional investors, they're not, they're not watching these TikTok videos yet. Now, there is a story that came out today on the Camino Bag. And I always wonder, I told some people about it a couple of days ago, I put it in our discord, I'm like, why are they all of a sudden talking about the Camino Bag? I actually think that it was a member of our community that I was so consumed within video that pinged me on this bag. But I just can't even find the note anymore. But I was like, once I pulled it myself, I was like, wait, someone told me about this. So I think one of the dumb money community members, it might be in our discord weeks ago. And that's why like, I thought I saw a comment a while back where someone said that they've been on this for weeks. Yeah, so listen, we are not the source of alpha in dumb money. There are people in our community that are way more on top of stuff than I am, okay? Because I could only do so many things, like, you guys, we are so consumed with so many projects and private investments and businesses, Jordan is working on something insanely big with one of our community members right now, I won't talk about yet, but we're going to bring it to the community, I think, pretty soon. But there are community members that are finding things left and right, and I'm so proud of the dumb money community. And I should spend more time listening and helping you guys, I just been consumed within video. So I'm back. And I'm going to provide all the data for all the retail companies this week. I promise in the research channel discord, I'll pull the web stats, I'll pull the credit card transaction data. By the way, I have not even pulled credit card transactions. Dude, I pay so much money for this data. I have data at your fingertips and you don't even use it. But Google Trends, like that, for me, you sent a screenshot of a Google Trends and I bought some options. That was the level of research that I needed for a fun trade. This is not a life changing trade, this is just a fun trade. And since yesterday, I am up, I hope for it to keep going up. But yeah, my options are on the move. The options that I'm in are up 38% today. So for me, I'm not in this for a few days. I'm highly likely to keep this trade on for weeks and potentially keep the trade on all the way through earnings. So we'll see what happens. I think getting back to Nvidia guys, what is the lesson of this whole Nvidia story? Is that there is no company too big for social art. Like there is no company too big for one tiny retail investor to have an edge on all of institutional Wall Street. If you have the ability to cut through the noise and not be consumed with all the BS articles and all the CNBC stuff and all the investor chatter about Powell and Trump and all the BS, honestly, if you could somehow our brain can not handle everything and still be great at finding alpha, you got to cut that stuff out of your life. And it could be a tiny part of your life, but like your investing life, I mean, you got to cut it out guys. I mean, it's impossible to cut it out completely, but if you can cut out enough, like if you spend any time on X, you're going to be inundated with the macro picture and the latest, you know, Trump news. There's no, there's no way to fully avoid it. But you just have to be mentally prepared to like separate your investing thoughts. Like I'm not going to, I'm not, I'm not worrying about every little thing that could go wrong with Nvidia. I, I'm in Nvidia because I know that it's under the market has under estimated whatever it is that you're looking at. I've said this before, but like when I'm doing my stretches or sometimes having a solo dinner, like a few, a couple of times a week, two, three times a week, I'll just see what meat Kevin did a show on and listen to that because that usually covers all the noise. And no offense. It is like, it usually covers all the macro stuff, the Powell stuff, the Trump stuff. Like, like he does a really good job just kind of covering the stuff. You could agree or disagree with his opinion on it, but I like how he's just, he's just listening to all of it all the time. So I don't want to do that. So I just, I'll just listen to his summer recap. Exactly. I think he's on, like, I think he's does a live show 24/7 now. So I pretty sure I hate that part, so I don't want to listen to 24. I want to listen. No, but they clip it. They clip it. They clip it same day while he's still on the air. They're putting clips out. It's great. Yeah. Yeah. Totally. Well, I mean, that, that's it, man, that's my, that's my, that's my whole thing is trying to like, I still have all my deep tech portfolio on the big, I feel like the big, easy money the last few months has been kind of like squeezed out, you gotta be a little more careful now. But don't get, there will be another one of these and another one, like deep tech is not going away. It's just getting started, guys. What is your, like, you're now just in Nvidia equity. What is your kind of allocation to Nvidia against other deep tech that basically makes up the bulk of your portfolio? Yeah, I think, I think Nvidia is about 15% of my total portfolio. Let's take a look here. Yeah, I mean, I mean, it's 12 and a half percent of my portfolio is in video. You know, honestly, it's less than Amazon. Amazon is like 17 and a half percent. Robinhood is 20, oh, you know what I did today, guys? This morning, I sold like 20% of like almost everything that I had. And the reason why I did that is because I had been accumulating so much of these stocks the last few months, like building into this that I was like, dude, I'm really levered again. Like I'm highly levered. A lot of this stuff has played out, you know, I didn't anticipate Robinhood going from 30 to 108 in a few months, you know, like, I thought it would take a few years. And so I kind of sold 20% of everything. And when the market has any type of like little pullback, it just gives you a little bit of a reality check emotionally. How did this morning impact you? So if you're watching, how did this morning impact you after like seven weeks of making money pretty much every week? You become disillusioned with the way the world works and the market works. When the market took that hit this morning, I want you to really think about that because if that hit really disturbed you in any meaningful way, then maybe you're a little over levered. Okay. Like maybe that's a signal to make an adjustment because we don't know what's going to happen tomorrow next week, next month. Certainly there's volatility to comments. It's inevitable, right? Nothing goes up in a straight line. So it's a nice time to like take a break, take a breather. We all had a great couple of months. Make sure that your portfolio is right size for you and your risk tolerance. I shaved 20% off, but Robinhood's still 20% of my portfolio, you know, like it's big. And then I have like a lot of a lot of stuff, like I had the Palantir, the Tesla, the AMD, the Broadcom. Oh, you know what I crushed it in? Dude, I don't even know if I talked to you guys about this. Do you remember when there was buzz a little while ago, a little while ago about the defense companies and everyone was like super into defense tech? And I was like, why does arrow environment, the drone company, not like like going nuts? So I bought a decent chunk of that and now it went nuts and went nuts like last month. So I shaved a little that off, but that's a arrow environment. You know, they're the drone, they're like the big drone company, like the drone. Microsoft, oh, we have a big, a big thesis on Microsoft. That was supposed to be last week's episode. Yes. Okay. Yes. And then it was supposed to be this week's episode and we got excited about Yeti. We want to talk about it. It has to be next week's episode, though, guys, it has to be. We have a little bit of time. This is nothing that's going to play out like in the next week or two or three or anything like that. But there is a thesis that we have collectively, the three of us are Microsoft that is so big and interesting and I cannot wait to talk about it. I'm not going to say if it's long or short, by the way, would you agree? It's a pretty darn big thesis that I think is like really not getting discussed by anyone which is actually insane, okay? It's actually, it's almost as insane as, in video, I do feel that there are some institutions making moves on this thesis, okay? But retail is not talking about it at all and it's, it's a big one. I can't wait for an actual show. You've become like the ultimate hype machine. Like, you learn what we call the major market T's. Like you know, I'm going to edge my seat, I know the story, but I want to see this next episode. It's coming next week, so I can find out. Okay. Can we talk about the story that has been just all over? It is the short squeeze of, it's today's GameStop of that open. Open door, open house, whatever it's called. You're not going to believe this, you're not going to believe this. I saw that last week, early last week, right? And I had no time to research open, I'm talking one minute, I had one or two minutes, I've been, you know how busy I've been this last week. I said, hell with it, I'm, I bought like $50,000 of call options on open. Wait, it's not out, the store is not over yet. I did really well, but I sold them on Friday, I got pinged yesterday, but one of my buddies is like, what do you think about open? I was like, oh shit, I was like, what's going on with open today? I looked at it. But no, I don't even want to know how much money I would have made if I just maintained that position. I don't want to know. I don't even worry, it came back, but I'm going to pack down. Super micro Taiwan, micron, obviously Yeti, Lily Shopify, oh, I still have my, I shaved some of my calm cast off. You know, I had to own some calm cast for the love Island deal, I had to do it. I had to do it. You're out now. Calm cast. What? Did it go anywhere? Well, here's the thing. I think I'm up, I think yeah, I'm up on, I don't know if I'm up or not, but he's a deal. It's not a needle mover for calm cast, peacock is not a needle mover for calm cast, but this is the biggest thing that ever happened to peacock and I literally, I do not know that agreed of which institutional investors really care about peacock had a big quarter because peacock is just like this light little thing. It's like, how much do they care about it? I don't freaking know. I just had to own it because like I'm all in on love Island. It's a show I told you, I've been watching it with my daughter, I've still not done with the season. It's a show that made us so much money at our restaurants. We had never had bigger nights for anything ever at our restaurants on weeknights than we did for our love Island watch parties. I'm talking shoulder to shoulder, super bowl style crowds, okay? Also exclusively women, which is odd, but it got rowdy too. We had to have security there, you know, like it got rowdy at points. Fight's breaking out. Yeah. I'm still in course there. Apple, you know, all this, by the way, I want to kind of tease one more thing. I'm not going to say what you don't know about it yet. I told you about this company like two years ago. There's a company that my buddy, Trishel, you remember Trishel, worked for us Jordan, like work at ticker tags. Trishel is so deep with this company because Trishel is all about mining, you know, he's in the mining industry basically like he's from Australia and his family's in mining and he was talking about rare earths before anybody cared about rare earths, right? So there's a company that's publicly traded that is not known to be a rare earth company. It's known for something else, but they actually have access to a wild amount of rare earths. It used to be like a little bit more of a side show to their primary business. But now in the rush for rare earths in America, this is becoming really interesting. So I had a call with him, he's like Chris, I think this thing is going to five to 10X here. I was like, I was like, I was like, Trishel, I literally sold it. I sold it like a few months ago, I don't have a couple of years, I sold it. I've got back in this last week. I want to talk to you guys about it back. He actually, I know the CEO of the company, I haven't talked to him in a couple of years. But he Trishel is like, if you want him on the money, we can literally, he'd love to come on the money and just chat. But if we want to have the CEO and I, we don't do that. But if you want, let's, let's talk about it in an episode first. Trying to figure out what company you're talking about. Who would you know the CEO of that would be potentially a rare earth? This is your tease has gotten me. I don't know what's happening. It was so off my radar, I haven't thought about this company in a while. But I won't announce it's like, I want it to be a designated show because it's kind of exciting. I think the rare, honestly, I think rare earths is a super excited. Jordan, this has to be something that you're looking into. This is so you, like, what is your thought on the whole rare earth thing? How big is this? I know that like rare earths aren't that rare. It's more about the processing of the rare earths. But we just haven't been in that industry here in the US, except for a couple of companies. And now that we're needing to, to, like, move away and have rare earth and dependency from China and Russia. How big is this the next decade, decade and a half? Yeah, I don't know, I needed more research on it because it was my impression that even like MP, five materials. Like they had to do all their processing in China still and so that one is an odd one. But like, I just, it's not LAC, it's all I'm going to say, I won't say anything more, it's not LAC. Okay, I just want people to know that it's not LAC. But anyway, that's another show. Okay, you're coming up. So unless we think of something better, and I want Jordan, I want you to do like a, I want to get your perspective on the rare earth thing because I feel like it, I think there's some, that is a mega, mega tailwind that we have, government, sovereign tailwind. That I think is really misunderstood. And I feel like it's one of those things that we'll look back, kind of like one of the other companies I have is what's the material and nukes. You know, what do you need to make a nuclear, nuclear energy? Uranium? Uranium, so Uranium companies have been on fire too. I just felt like, how do you not own Uranium right now? Like, it's just like, this is not a storyline that's going the way, right? Like, it's just not going the way. I don't even know what the company has thought, I don't think I mentioned. Of course, oh, I have my huge pop mark position still, still doing pretty well. And I have my Bitcoin, which is doing well. And then I'm playing around with a couple of levered Bitcoin mini things on Coinbase, mini futures with soul and e. And oh, you know what I text, I texted Dave, you know what I did? Go ahead. What? Now, do you know what I did? Like the worst timing ever is I consolidated all of my crypto and was like, OK, I'm just going to take all of this Ethereum and spread it out amongst a bunch of other, basically, shit coins. And the day I sold my Ethereum, it's now up 60% since I've sold. Wait, the crap. If you look at the card, there's basically going nowhere and then it boom, it goes straight up. That was the day that I sold. Wait, but did you see that Leon, you know, we have a guy managing our meme coin. A real shit coin manager, yes, I just assumed that was at zero, by the way. No, no, we're up. Yeah, almost double in our meme coin. And I think, listen, I'm not a crypto nut. This is not my world. But a lot of people are saying, this is the next thing. It's going to be a little, we're going to do a meme coin run again because it hasn't been a little while. I'm glad that we have some money with, you know, he, I don't even know what that is. There's some exposure to the meme core and that could 500x and that would be amazing. The ones that I bought personally were not the level of meme and shit coin that he's managing for us. What I was buying was basically the bigger ones that are listed on Robinhood. I was like, I should probably have, if it's available on Robinhood, it probably has enough exposure. I should just like buy an even number of a bunch of these things, basically building my own little, you know, coin 500 fund. But I funded that with my, which had been basically going flat to nowhere, to down a little bit, to back up a little bit, but the day I sold was the day that it decided just to take off and has been on a tear ever since. I don't think Phil Leon manages it as aggressively as I would like him to. Like diversified, like I want him going all in on whenever he has a high conviction thesis on like a single individual meme coin, like I would love it if he was, he was, he was, he bought just a little bit and I was like, yeah, isn't the reason for this fund to just go all in when something like that hits. That's what I wanted to do. I like he, I think he needs to have like, he's probably watching right now. I haven't seen him. So Leon, I'm sure he's watching, Leon, I think you need to do a second fund and maybe we can invest a tiny bit of money in that one, even less because we didn't put a lot of money in the first one either. But like, and that one is just reserved for when something really big, because if you're thinking about meme coins 20 hours a day, like he is, I want to know if something big happens that maybe he caught it and he just went in and I did 20x my money, right? That's what I want. I don't ever want to have to be thinking about meme coins ever, but I want to know that if a big one pops, there was at least a chance that I was in on it through Leon's meme coin fund. How are we invested in a meme coin fund? How would we not be invested in a meme coin fund? It's the only way to do it because who the hell wants to be looking at meme coin? I mean, it's just so ridiculous. The whole thing is so ridiculous. Jordan, oh, so Jordan, this one, I want to tell you, I texted Dave and the floor price on our crypto punks hit $170,000 this last week. So we are back. We're back. I'm so glad that the gens have money again and are buying crypto punks because I was worried about my career. I thought for sure this thing is going to zero, not zero because it is an original. It is the first and original NFT kind of and that was my thesis on it all along and I'm so happy that well, and I think also maybe maybe Ethereum's price going up brought up the floor price because people had their prices set and now they're actually just worth more. Well, it was a combination of both things. So someone went in this last weekend and swept $8 million. I guess swept the floor $8 million purchase of crypto punks. Now Dave, you're crypto punk. I love it. I love him. He's like one of the better ones that I've ever seen. So like, yeah, it just is an art piece. It's awesome. I think there will be a day when we are doing this show and we are going to celebrate that the floor price of crypto punks has hit a million dollars. Now we won't look the way we look today. We're probably going to look a lot older, but hopefully we can do this show by the time crypto punks hit a million dollars. How are the, how are your cats doing your crypto cat is looking for all their worth? I have a recap. Zero. I only, you know, I only kept two and the two that I kept, I love, I don't care if they're worth 10 cents, what were those call they're part of a game, like what's the deal? I think that's all done with now, but so I need to know what it is that our clip senator will be able to find, find them and milk them and to our, uh, into the clip. Jordan, I wanted to say, I want to say that I probably spent between 13 and $25,000 for each of the two that I still have, they're probably worth low hundreds of dollars right now. But I had like 12 more that I sold at something not that far off from the top. So again, I just couldn't, I couldn't sell them. I just couldn't do it. And so I have them, I'm happy they're mine forever now. They have no val, no, no, like financial value to anyone, including me, but it was a good fun time in my life. Now the crypto punks are a whole nother thing. And like I will continue to acquire crypto punks. Maybe once every couple of years, I'll pick one up, I'm kind of doing a, uh, what do you call it? What do you call it when you're just constantly buying something? Uh, uh, uh, uh, what's that? Come on. We should know this, dude. What do you call, uh, dollar cost averaging, uh, how many do you own? I think I own, um, 2.15 because I have like a Dow with my, some, some like my original NFT friends, uh, we, we bought one together for the Dow, so like 2.1 or 2.15 crypto punks. I own two, just me. Yeah. So I just, I just own one and then I, I don't know, I might still be in a Dow, the owns one and, or, or I might not, you would know better than I do, Chris, I don't own my forever punk yet. That's the problem. I think I got one through, uh, that, that platform that, that sells shares of art. Um, yeah, what you might know, rally road. Yeah. I think I do that. I own that too. Cause let's talk about Figma. Like, what do you, what do you guys think about the Figma IPO? Uh, it's hyped. It's hyped. It's really, really tight, but I, I like it. I think this is one of those, this is one of those companies that already has buy-in with so many people, it is, it's kind of like a, a foundational software platform for people who use Figma-like products, right? It's, it's the Photoshop of Figma. I don't even know what, what, what is the name of that product category, Jordan? Um, where what's that? What is it? What is Figma? Generic term for what Figma does. Interface design tool. Yeah. Interface design. Okay. Yeah. Um, I love Figma. Uh, I will buy it after the lock up. Really? Oh, if I could get some shares on the day I buy it. I just don't know what's going to happen. I've seen these things like crash into the lock up period before, so I, you know, yeah, but if there's enough people think, you know what happened? I get, it's probably a bad plan, but that's, that's my plan right now. So, Jordan, a lot of the lock up, you know, especially in this, this regulatory loosened environment that we're in. Yeah. The people are not supposed to do this, but I know it's happening in a really big way. They're essentially using derivatives through to, to, to get out of those shares well before the lock up. So I think the whole thing that used to happen in the past where all the insiders would just sell on the lock up, I don't think we're seeing that as much because what's actually happening is they're doing these, this financial engineering behind the scenes to kind of exit that stuff well before the lock up. So the sell pressure is actually happening very shortly after the IPO. So I'm not sure if that strategy is a valid one anymore if you believe in the company. Like, I haven't done the work on Figma. Yeah, I think you're probably right about that. I think, at least the big guys in the sophisticated shareholders can do things like that, but they're still going to be a lot of people that aren't that sophisticated, they'll just sell. And you'll remember, Adobe was about to buy Figma, and I believe it was what, 20 billion. And that, it didn't go through because of regulatory holdups, and I've requested shares, Robinhood has IPO shares, and I've requested some, but I doubt I'll get any substantial allocation just because of the way that works. I didn't realize, I forgot to, can I still do that in Robinhood? Yeah, it was just priced yesterday. So I don't even know how it works. I think it's a random lottery, you tell them how many shares you want at what price you'd be willing to pay. And then I think it's a random lottery of people's whose request matches the market conditions. What price you want, should I put you on the pay? I don't know. Did their default of within 20% of whatever it's priced out on the day? I think there is a lot of hype on this one guy. I think. It's one of those, I might actually just buy shares on opening day, opening day prices scare me. So it's really difficult to predict how exactly this new economy is going to play out in terms of companies that will sustain themselves through the rebirth of AI every 12 months because of the foundation models as they radically change and evolve every year, like to what degree are they displacing a lot of the application layer AI companies and to what degree are they not able to displace that type of a company? If you're able to determine and have conviction that a company is not going to be displaced by the foundation model itself, my general rule of thumb is that the market still continues to underestimate the largeness of how big this intelligence industry is going to be in 10 years, 10, 15 years. No matter how big people talk about it, I still think they can't comprehend it. So I like the concept of just owning a piece of every single company that I think will survive, okay? Every company that I think has durability in this space, I don't want to overthink the valuation of it because it's like, it's difficult to do, it's really difficult. I'm not going to pretend that I could even do that. I just want to have exposure to every company I think will survive. So that's the question I'm asking myself. Well, Figma be a company that will be able to survive the next three-ish years of foundation model improvements or will superintelligence, whenever it gets here, right? Will that make it so that you actually don't need an application layer company? Or will there be other application layer companies that will come in with superintelligence that will be owned by the foundation models themselves? Will they be able to make feature sets on the fly that will be just as good, but cheaper than these standalone companies? That's the billion-trillion-dollar question that every investor needs to ask themselves before you make a long-term decision to dig into one of these companies. That's actually a really good question. And I think one of the ways you can go about this is just, you just ask Jim and I to build a webpage for you. I'm dead serious. But Jordan, that's today. I don't think we're that far away. But I think yesterday, like this is stuff that I can just do, so why would you use some mock-up tool when you can just have it and do it for you? Yeah. Because all it would know how to do ever is what is, it has seen other people do. It hasn't yet evolved to the point of creating a new type of interface. Yeah, I mean, I don't think you've used it to do that then. No, I haven't. I'm sure it's way better than anything, yeah. So there is a really long tail of people that. We could just leave this quote on the screen at all times. Jordan is right. Anytime Jordan has something to say, you know that that's the truth. I am wrong all the time. By the way, you know, Jordan gets a lot of love and hate from you guys, depending on what mindset you're in, I love all of it. I love it when he gets hate and I love it when he gets love. When he gets love. You love it when I get hate. When I see it, I only share with him the love because I rip on him for the hate. I've got a big hater in here. It's funny. I forgot his name. Oh well. I've had my share of them. You know, it's so hard to assess. Like Jordan, I mean, there are so many people that, yeah, you could be technically right, but they are still not going to change for so long because they become. They're either afraid or they're accustomed to doing something a certain way, right? These companies don't necessarily need to survive for 20 years, but they do need to be able to survive for a few years and at least have visibility into not being completely destroyed. Because as soon as there's visibility into, oh my gosh, that company is now guaranteed to disappear within one to six years or seven years. That's where it's tough, right, because like, and you just made that point of what's the incumbent? What are people used to using? Does that just exist in corporations for the next decade? But I think startups will, you know, kind of veer away from things like that because they'll see, oh, thing will cost this much, like I'll just ask, I'll just ask my LLM to do it for me. I talk to a guy, one of my friends who works in one of the, I think the best seed stage technology VCs in the country, and I talked to him about this yesterday because I was referring someone over to him because I just don't have the time or resources to bet an early stage company, and I don't do that anymore. But even internally, internally at that VC, they have pretty contentious debates about the degree to which AI is going to crush this entire portfolio of companies that they are either in or potentially getting deeper in, or the degree to which those companies have certain attributes to protect them, whether it's exclusivity and data or just unique distribution. And I don't think anyone right now has the definitive answer to these questions. But that's where the opportunity lies, right, like it's because there are way more questions and answers, and I think the smartest people right now are willing to admit that. And I think the people that maybe aren't so smart have so much conviction that it will either end this way or this way, and you better be really careful if you're like that. Maybe your prodigy, and you just know, I'm certainly not. I think about this, it feels like 24/7, and I still, Jordan, do not have the definitive answer of how this is going to play out, which is kind of exciting, right? Like it's not kind of cool, like that no one has the answer. At some point, the answer becomes more clear, and the degree to which you're willing to really focus a lot of your time and energy just on this sector of deep tech, I think is so critically important right now, because if you're willing to like remove a lot of the other noise and focus on this sector, as we get new information, if you're following the right people, following the right news, as we start to get closer to having an answer, you can put some pretty big moves on, like long and short, right? I just don't know when that's going to be. Is it in a few months or a few years? But like as an investor, how do you sit on the sideline and not at least try to get in the game of like being in tune with when that's going to happen, and we're going to get closer to having that answer, because that answer is going to essentially determine how big the biggest companies are going to be, and how many of them they're going to be in, which ones are going to survive and be trillion plus dollar companies, and which ones are likely to essentially go out of business, which could be the biggest trait here. That could be the biggest trait, like as we get closer to determining which sectors, which software companies are cooked. If you're able to nail that trade, that could be a 100 extra. I think it's very clear that we are in such a unique time in history right now. When you see Mark Zuckerberg making billion dollar offers to AI engineers, one billion dollars in exchange for four-year contract, and then that person turns them down, you know that if you're offering a billion dollars, you're expecting to make more than a billion dollars off of that person's work. Everything we know is going to change, or money is going to change, or we're just, I can't even wrap my head around where things will be five years from now, ten years from now, but I definitely have to be a part of it. Jordan, you are, I've worked with so many engineers over my life career, like so many. Anyone that has worked with you, and I've co-founded companies with you as Dave and we've managed companies, you are the most pragmatic engineer I have ever witnessed. I don't know if that would be, if you were, I'm even not younger, if you weren't so distracted by us pulling you out of that world, and now you're a full-time investor, and like, if you were still in the world of like, cooking for a big company as an engineer, I don't know if you might be one of those guys that's getting a multi-hundred million dollar offer. But did you, did you ever think there would be a day that people like you would be getting a billion dollar offer from a company? Is that ever, would you think any, whatever, like me, they're way smarter. You're talking like the cream of the crop, best AI researchers on the planet. I think if you were actively in the middle of it, at the time when AI was just starting, you would have been one of those people. But Jordan, from what I understand, okay, from what I understand, this is what's been told to me, that, and I'm not saying that this is the billion dollar guy, or these guys we've heard about the last week or two, the most important person, I think we found his hater. Yeah, yeah, yeah, yeah, yeah, yeah. He's a bag of bricks. Dude, let me just tell you something, let me, you guys don't understand this. I have seen Jordan, I have seen, we all, Dave and I, and our, and our other, Lynn, our other buddy, I don't know if he's watching or who actually was CEO of the company we're going to do. We've seen him do more from Friday evening to Sunday evening than a team of 20 engineers could do in a three-month sprint. If you give him a case of wine and 72 hours, he would have a team of 20 engineers, he would send them home for the weekend with his box of wine and knock out the next three months of code. Now, listen, that same code, occasionally when we're having a drinking lunch the next Friday, we'll completely take the company down for an hour and he'll fix it, he'll fix it, okay? But like, just, but he gets, he was like the, hey, if it's perfect code, it's terrible code, because we're not sitting around for perfect code. But I think what I've been told, Jordan, is that what they're really looking for are people that can bridge that world with reality, meaning make great pragmatic decisions on which path to go down, because those are the decisions that are having to be made right now at meta and open AI and XAI, because like, you basically have teams and teams of AI scientists, right? Teams of these guys, and each of these scientists are potentially brilliant and they are all coming up with theories based on the things that they're cooking, but someone, you could only go down so many roads because you only have so much, so many resources of compute to go down with these models. So what is valuable is someone that's smart enough to say amongst the 30 decisions we need to make this quarter, we could only choose two of them to make that decision. And that's the billion dollar guy from what I understand. And that's why that decision could potentially lose the company 10. Well, yeah, no, if you think about how much these companies are spending, what's, you know, what's a hundred million dollars salary for a, for a balleray AI guy, I don't know, it's wild. But meta, meta is making the moves, aren't they? Yeah. Well, and they're building a data center, the size of Manhattan. I mean, we're just living in a total alternate universe. It is wild. So I'll just say this one last thing on Jordan. It's very rare that Jordan ever reaches out to us, pinging us with stuff because it's always us bothering him. But Jordan's been reaching out quite a bit lately and he has something big. He's cooking in the AI field, and so, and it, I'm excited. We're thinking about bringing it to market, maybe. So we're not going to say what it is today, but stay tuned because he's back at it, which is fun. I love it. I love it to see Jordan back out doing what he does. And so we'll bring that to the dumb money soon. All right, guys, we got to go because Jordan, I got to take him out. This is an hour and twenty minute show. So what we need to do is say goodbye. We'll do it again. You can tell we haven't done a show in a while because we just can't stop talking. Chris, he has so much pent up energy, but we're going to wrap this one up. Thank you guys so much for watching, and we will do a show. It's only Tuesday. We even do one this week, but definitely next if we don't, if we don't do another one this week, we'll do one next week. Thanks for watching. We're dumb money. We'll see you next time. And my buttons aren't working.