Steven

And it's because this very smart, genius, billionaire Wall Street trader who has a PhD from MIT could not say that was enough. They kept taking more risk, more risk, more risk until it blew up. And we definitely see with women managing money that they tend to not earn as high returns on any given year, but they don't blow themselves up, so to speak, financially.

And it's because this very smart, genius, billionaire Wall Street trader who has a PhD from MIT could not say that was enough. They kept taking more risk, more risk, more risk until it blew up. And we definitely see with women managing money that they tend to not earn as high returns on any given year, but they don't blow themselves up, so to speak, financially.

So men are much more willing to swing for the fences. And women are much more willing to say, I'd like to just take a calm, casual swing, but I want to keep it going for a long period of time. Now, who's going to do better over the course of a lifetime in that situation?

So men are much more willing to swing for the fences. And women are much more willing to say, I'd like to just take a calm, casual swing, but I want to keep it going for a long period of time. Now, who's going to do better over the course of a lifetime in that situation?

Jesse Livermore was a trader, a Wall Street stock trader, about 100 years ago. Did most of his work in the early 1900s through about the 1920s. And he was the best in the world at getting rich. And he had no ability whatsoever to stay rich. I think he became the equivalent of a billionaire, adjusted for inflation, four separate times and went bankrupt four separate times.

Jesse Livermore was a trader, a Wall Street stock trader, about 100 years ago. Did most of his work in the early 1900s through about the 1920s. And he was the best in the world at getting rich. And he had no ability whatsoever to stay rich. I think he became the equivalent of a billionaire, adjusted for inflation, four separate times and went bankrupt four separate times.

He eventually, at his end, committed suicide when he went broke for, I think, the fifth time. And in between there, he would become literally the richest man in the world at one point. But he had no ability to say, that's enough. So when he was the richest man in the world, he just kept taking more risk, more risk, more risk, and then it blew up.

He eventually, at his end, committed suicide when he went broke for, I think, the fifth time. And in between there, he would become literally the richest man in the world at one point. But he had no ability to say, that's enough. So when he was the richest man in the world, he just kept taking more risk, more risk, more risk, and then it blew up.

And he did it over and over and over and over again until he eventually killed himself. It's an amazing story because punctuated through his story of failure and bankruptcy and eventual suicide is a level of success that Steve Jobs could not even fathom. No one in history, I think, was better at getting rich than he was. And he could not keep it. And

And he did it over and over and over and over again until he eventually killed himself. It's an amazing story because punctuated through his story of failure and bankruptcy and eventual suicide is a level of success that Steve Jobs could not even fathom. No one in history, I think, was better at getting rich than he was. And he could not keep it. And

For most people, like a much better situation, of course, is like you don't need to become the richest person in the world. You can just make a modest amount of money that's going to support you and your family, but keep it. Don't keep taking more risks that's eventually going to blow it up. Just keep it and it's okay.

For most people, like a much better situation, of course, is like you don't need to become the richest person in the world. You can just make a modest amount of money that's going to support you and your family, but keep it. Don't keep taking more risks that's eventually going to blow it up. Just keep it and it's okay.

I don't own any, so maybe that's the summary of how I feel about it. But I also think the only take that I've had on it is like, if you don't think that some of it is inspiring, then you're not paying attention. But if you don't think that 99% of it is a joke, then you're not paying attention. And I say that because most people are one or the other.

I don't own any, so maybe that's the summary of how I feel about it. But I also think the only take that I've had on it is like, if you don't think that some of it is inspiring, then you're not paying attention. But if you don't think that 99% of it is a joke, then you're not paying attention. And I say that because most people are one or the other.

They either think the whole thing is a scam and they don't understand any of it. It's a bubble. It's going to burst. Or it's literally the greatest invention of human history. And I think whenever there's a new technology, you're likely to get like those extreme, one of those camps.

They either think the whole thing is a scam and they don't understand any of it. It's a bubble. It's going to burst. Or it's literally the greatest invention of human history. And I think whenever there's a new technology, you're likely to get like those extreme, one of those camps.

But also in the history of technology, what you would see is that 99% of the new players, the new companies, the new products won't exist in 10 years. And a couple of them will turn into Ford or Microsoft or whatever it might be. That's always been the case. So you can't envision a world in 20 years in which crypto is not having a big part of the global economy.

But also in the history of technology, what you would see is that 99% of the new players, the new companies, the new products won't exist in 10 years. And a couple of them will turn into Ford or Microsoft or whatever it might be. That's always been the case. So you can't envision a world in 20 years in which crypto is not having a big part of the global economy.

And I also think you cannot envision a world in which in 20 years, 99% of what exists today doesn't exist anymore.

And I also think you cannot envision a world in which in 20 years, 99% of what exists today doesn't exist anymore.