A seating chart from the White House Super Intelligence Luncheon went viral as a map of “the real rulers of the world.” So we turned it into an index: every listed company at the table, raced against the S&P 500 and the 10-year Treasury, live from October 1, 2026.
The Bitcoin treasury company arrived as a public-markets vehicle before the ETFs did, and the working assumption at the time was that they served as a de facto proxy for Bitcoin investment. They provided a mechanism for garnering exposure that was otherwise out-of-reach: When the spot ETFs finally were cleared in early 2024, the expectation…
Strategy is one of the higher weights in the Bitcoin Capitalist portfolio at 15% – now that we’re transitioning over to The Sovereign Capitalist, it’s entirely possible, if not likely, that we reduce that weighting. I’ve had a few members asking me if our MSTR thesis is still intact, remember our mantra when it comes…
Grantham built a career calling bubbles. In a recent appearance on Diary of a CEO, he cautioned about Amazon’s 92% drop during the dotCom bust. So here is the test. Pick a moment to buy Amazon, hold it, and never sell. Imagine you bought shares right at the tippy top of the DotCom Bubble (set…
For three years now the same prophecy has circled the timeline like a buzzard. Bitcoin dips, and within minutes someone posts the chart: this is it, this is the cascade, Saylor is about to get margin-called into oblivion and drag the whole market down with him. It never happens. And the reason it never happens…
Most people who follow markets already know that global debt is bigger than global equity. The number gets quoted often enough that it has lost its meaning. As of 2025, total global debt sits at roughly $348 trillion. Global equity market capitalization sits at roughly $136 trillion. Debt is more than two and a half…