00:14:05 · Tyler, Jordi Hays, John Coogan
[00:14:05] S2: So I [00:14:06] S0: think Okay. Of course, I think CZ was making more of like a kind of [00:14:11] S1: Yeah. [00:14:11] S0: A bit more like a like a regret. [00:14:12] S1: That's what Mert called it. Full stack dump, his shares that helped him buy eggs. Mert goes on to say, Normies aren't aware yet, but we're actually living through the movie Terminator at the moment for cyber security without exaggeration. Just absolutely relentless revenge of the machines. Revenge of the... But North Korea's in charge of these machines in this case. Like this is not a rogue swarm. This is not an accident by... [00:14:38] S0: There are some pretty interesting people have been posting graphics Yeah. Of, like, all of the all of the the stolen funds, like, how they've been moving. Mhmm. And it looks like an insane spider web Yeah. Only a only like [00:14:50] S1: Only a machine could could understand. Yeah. I mean, employment for the chain analysis team and some of the other folks like the crypto fraud prevention groups. There's a bunch of these. [00:15:02] S0: Over in Intel land, Intel looks like it's trading like they just had a $6,000,000,000 Yeah.
00:15:02 · Jordi Hays, John Coogan
[00:15:02] S0: Over in Intel land, Intel looks like it's trading like they just had a $6,000,000,000 Yeah. [00:15:08] S1: Heist. Incredibly rough. They're down more than 22% now. Right? Or have they bounced back a little Where are they?... Down 30% today. 27% over the last five days. Still a $336,000,000,000 company, but totally round tripping. The the the big jump in Intel started about a year ago with the investment by the US government and a lot of a lot of optimism around hyperscalers starting to buy from Intel, use their fabs, jump all at the same time to, you know, get the fab off the ground. The stock is pretty close to where it was before all of that started. March '20... March twenty seventh of this year, it was $43 a share. Now it's $63 a share, but that's down from a high of a $140 a share. So it's down 50% since the peak. [00:16:00] S0: Nick Dorsey says, I actually can't believe how bad that Intel call was. I just finished listening to it. Lip-Bu sounded lost. Rough. I didn't even know what to think after that. That seems to be resonating. Even Jim Cramer says, yes, am disappointed in Intel actually furious. Mhmm. About it. [00:16:18] S1: Well, whether you're long, you're short, you're moving everything into fixed income, you're moving everything into Berkshire, whatever you're doing, do it on public. Invest across all asset classes, automate anything with AI agents, run trading strategies, risk management, money movements, and monitor markets with AI agents for investing on public. Yeah. Cramer's not happy. [00:16:38] S0: Yeah. No one's no one's happy.
00:16:38 · Jordi Hays, John Coogan, Tyler
[00:16:38] S0: Yeah. No one's no one's happy. [00:16:41] S1: Yeah. I saw some viral Instagram of someone being like... [00:16:44] S0: This is a company that people people want Intel to win. Totally. Like, it's this is it's it's losing money sucks but also we want Intel to be a great company. Yeah. And again, Lip Bu has his work cut out for him. [00:16:59] S1: He does. [00:16:59] S2: You laughing at me? [00:17:00] S1: I'm laughing at the way you look. It's ridiculous. [00:17:02] S0: You're laughing at the way I look. It's... [00:17:03] S1: It's scary. It's such a ridiculous thing to [00:17:07] S0: look at. You know, when I when [00:17:08] S1: it Cross the table. [00:17:09] S0: John and I were were facing each other this morning Yeah. And I was just having these visions of the future when we're eighties This [00:17:16] S1: old, yeah. [00:17:17] S0: Etcetera. Yeah. And we're still gonna be here. Yeah. We're still gonna be doing this. [00:17:20] S1: We're not leaving. [00:17:20] S0: We're not leaving. [00:17:21] S1: We're not leaving. [00:17:23] S0: Gonna retire on the mics.
00:17:23 · Jordi Hays, John Coogan
[00:17:23] S0: Gonna retire on the mics. [00:17:26] S1: Let me tell you about Figma. Agents meet the canvas. Your AI agents can now create and modify your Figma files with design system context. The Black October continues with Polymarket, but to a much smaller effect. The numbers are way, way smaller. I mean, three orders of magnitude instead of talking about 6,000,000,000, 3,000,000,000. I believe the amount of money that was stolen from Polymarket wallets was 3,000,000. So this is in Wired. Trading has resumed on Polymarket's flagship international platform already after a hack that drained money from wallets of some traders. Third party vendor based in The UK was breached, not the prediction market's website itself. Law enforcement in The UK have been notified of the incident. Trading was initially paused while the company investigated for several hours. That's got to be really disruptive because some people are like, this is resolving right now. I would have sold it. I would have sold in the next thirty minutes, but not in the two hours point. So I'm sure there's gonna be a lot of people that are upset. But still, seems like they got through it. 700 users appear to have been affected with approximately 2,700,000 stolen. So be safe out there if you're on one
00:18:27 · Jordi Hays, John Coogan, Tyler
[00:18:27] S0: of The craziest time ever to be operating any kind of financial institution. Mhmm. Like you have to be... I mean, especially digital assets. Right? Because there's much less recourse. Yeah. But but yeah, you have to be operating in total fear right now. Yeah. And I look at this and even, you know, dressed the way that I am. I don't even think about getting greedy on a lot of these news. [00:18:52] S1: So... I love it. Well, Minecraft creator Markus Persson, Notch, if you know him from Minecraft. Mhmm. Do you play Minecraft growing up? [00:19:04] S2: Yeah. Of course. [00:19:04] S1: You're a big Minecraft guy? [00:19:05] S2: Yeah. Yeah. Yeah. That was like my... [00:19:08] S1: That was your childhood? [00:19:09] S2: That was peak. Yeah. Yeah. [00:19:10] S0: Peak?
00:19:10 · John Coogan
[00:19:10] S1: Sixty years ago. Something like that. The way Tyler laughs, there's so much on your face with the prosthetics. It's really fantastic. But so the the creator of Minecraft, Minecraft, you know, it's kind of solo dev story, sold it to Microsoft for billions of dollars, got a ton of liquidity and moved to LA and was like, I'm buying the most expensive house in town. And so he outbid Get in the castle. Get in the castle. Exactly. He outbid Jay Z and Beyonce and paid a record at the time 70,000,000 for Beverly Hills California spec home. I feel like the market in Beverly Hills, like 70,000,000 is closer to median now. It's a certain tier. There are... We've seen houses go up for 200,000,000. There was the one that was trying to get $500,000,000. It's not uncommon to see properties up in this territory. But back in 2024 or 2014 actually, back in 2014, 70,000,000 was record breaking and it made the headlines because he came in and swooped in. Jay Z and Beyonce wanted it and he said, I'm outbidding you. So he got outbid. But yeah, in the years that followed, it was a unique home because it was the most expensive. It kind of lost that superlative as developers came in and built built built bigger and pricier homes. I've actually been to this house. It's really really crazy. There's a room dedicated just to candy. There's a there's a music studio. But I don't know if they have the candy room here because Nothing. The candy room is one of the craziest things that it shipped with. Like like the developers were like, let's put a candy room in this thing. It might have gotten taken out at some point. It doesn't look like it's in these pictures. But it's very crazy. He would throw these like huge parties in LA and and you know, try and you know, they would all be themed. I went to one that was like Mars themed or something. Everyone was in like astronaut suits or something. It was like a bit... It's a perfect entertainer's house and so he had a lot of fun. Had like the garage with the glass so you can see the cars through it and...