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Warren Buffett reveals the underpricing test behind Apple's iPhone: a $1,000 device can be worth more than a $1 million plane. "I do not focus on the sales in the next quarter or the next year." "Hundreds and hundreds and hundreds of millions of people practically live their lives...

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andrew engler

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232,665 просмотров • 2 месяцев назад •via X (Twitter)

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Warren Buffett: "I did not care whether a stock went up or down the next day or the next week or the next month or the next year. I didn't have any idea what it would do. I didn't know what the stock market would do. But I knew businesses."
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Warren Buffett: "I did not care whether a stock went up or down the next day or the next week or the next month or the next year. I didn't have any idea what it would do. I didn't know what the stock market would do. But I knew businesses."

Kevin Carpenter

52,883 просмотров • 3 месяцев назад

WARREN BUFFETT AND JAMIE DIMON ON WHY NOT TO INVEST IN CRYPTO $BTC $ETH! Warren Buffett explains it perfectly: - "If you buy something like Bitcoin or some cryptocurrency, you don't really have anything that is producing" ..like a farm or a business... "YOU ARE JUST HOPING THE NEXT GUY PAYS MORE". I agree with Buffett and personally do not invest in crypto. The risk of catastrophic drawdowns in this asset class alone gives me heartburn. In the past 9 years, $BTC has experienced: - 6 declines greater than -50% - 3 declines greater than -75% That level of volatility is far beyond what I’m comfortable with for an “asset,” if you can even call it that, where you are essentially just hoping the next person pays more. People often argue that Bitcoin’s value comes from its finite supply: - The maximum amount of Bitcoin that can ever exist is 21 million $BTC. - As of now, about 19.7M+ BTC have already been mined. - The last bitcoin is expected to be mined around the year 2140. - This limit is "hard-coded" into Bitcoin’s protocol by Satoshi Nakamoto. But as Jamie Dimon (JPM CEO) said last year - - "How do you know if it's going to stop at 21 million" - "Maybe it gets to 21 million and Satoshi's picture comes up laughing at you all, and by then he would take taken out billions of dollars"!
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WARREN BUFFETT AND JAMIE DIMON ON WHY NOT TO INVEST IN CRYPTO $BTC $ETH! Warren Buffett explains it perfectly: - "If you buy something like Bitcoin or some cryptocurrency, you don't really have anything that is producing" ..like a farm or a business... "YOU ARE JUST HOPING THE NEXT GUY PAYS MORE". I agree with Buffett and personally do not invest in crypto. The risk of catastrophic drawdowns in this asset class alone gives me heartburn. In the past 9 years, $BTC has experienced: - 6 declines greater than -50% - 3 declines greater than -75% That level of volatility is far beyond what I’m comfortable with for an “asset,” if you can even call it that, where you are essentially just hoping the next person pays more. People often argue that Bitcoin’s value comes from its finite supply: - The maximum amount of Bitcoin that can ever exist is 21 million $BTC. - As of now, about 19.7M+ BTC have already been mined. - The last bitcoin is expected to be mined around the year 2140. - This limit is "hard-coded" into Bitcoin’s protocol by Satoshi Nakamoto. But as Jamie Dimon (JPM CEO) said last year - - "How do you know if it's going to stop at 21 million" - "Maybe it gets to 21 million and Satoshi's picture comes up laughing at you all, and by then he would take taken out billions of dollars"!

Common Sense Investor (CSI)

294,341 просмотров • 10 месяцев назад

ART IS ART Art does not ask what tool you used. It asks if you made something worth looking at. That is the whole argument. The rest is noise. AI artists are not a glitch in the timeline. They are here. They ship. They stay up late. They build worlds, characters, mornings, and tiny impossible things that did not exist yesterday. Some people will keep calling it theft. Some will keep calling it slop. Fine. Let them talk. We will keep posting. If a piece moves you, that is art. If a community shows up under it and makes more, that is a scene. If someone found a way to tell their story after years of being locked out of the old gate, that is not a crime. That is the point. Support the work. Quote the piece you love. Leave the artist a real comment, not a lecture. The future is not waiting for permission. It is already on the timeline. We grow it together.
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ART IS ART Art does not ask what tool you used. It asks if you made something worth looking at. That is the whole argument. The rest is noise. AI artists are not a glitch in the timeline. They are here. They ship. They stay up late. They build worlds, characters, mornings, and tiny impossible things that did not exist yesterday. Some people will keep calling it theft. Some will keep calling it slop. Fine. Let them talk. We will keep posting. If a piece moves you, that is art. If a community shows up under it and makes more, that is a scene. If someone found a way to tell their story after years of being locked out of the old gate, that is not a crime. That is the point. Support the work. Quote the piece you love. Leave the artist a real comment, not a lecture. The future is not waiting for permission. It is already on the timeline. We grow it together.

Toshi

17,825 просмотров • 17 дней назад

Mohnish Pabrai: "See's is a wonderful business. It taught [Warren Buffett and Charlie Munger] a lot. It taught them more than they ever thought they'd learn from a stupid candy business." "Both [Warren] and Charlie were amazed that you could have a business where you are continuously raising prices significantly above the rate of inflation — and there is no resistance from the customer base to accepting those prices. That gave them a huge lesson in brands." "They paid 3x book value for See's. They were choking almost when they paid that amount. I think they bought See's for $25 million. Looking back, they could have paid $200 million and it [still] would have been great." "If they had not bought See's, they would have never bought Coke. The lessons that they learned about branding and the power of brands is what led to the Coke investment — which was a much bigger home run." (h/t My First Million)
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Mohnish Pabrai: "See's is a wonderful business. It taught [Warren Buffett and Charlie Munger] a lot. It taught them more than they ever thought they'd learn from a stupid candy business." "Both [Warren] and Charlie were amazed that you could have a business where you are continuously raising prices significantly above the rate of inflation — and there is no resistance from the customer base to accepting those prices. That gave them a huge lesson in brands." "They paid 3x book value for See's. They were choking almost when they paid that amount. I think they bought See's for $25 million. Looking back, they could have paid $200 million and it [still] would have been great." "If they had not bought See's, they would have never bought Coke. The lessons that they learned about branding and the power of brands is what led to the Coke investment — which was a much bigger home run." (h/t My First Million)

Kevin Carpenter

53,374 просмотров • 3 месяцев назад

Former Google CEO Eric Schmidt says a frontier AI model costs up to $500 million to build and is worth about six months: "Are the scaling laws stopping?" "And the answer right now is no, which is unbelievable." "A model costs $200 to $500 million, you release it, and it has a life expectancy of about six months." "And then there's another one." "And the competition between the leading players is so brutal, right, that they literally count in the number of weeks of value of these things, which costs hundreds of millions of dollars." Schmidt is talking about the build cost. There is a second cost underneath it, which is re-proving each replacement, because whatever testing cleared one version does not carry over to the next. A company that standardizes on a frontier model this year is signing up to do that re-approval work twice a year. - Eric Schmidt (Eric Schmidt), former CEO of Google (Google) and now Chair and CEO of Relativity Space, with Alan Blinder at Princeton's Griswold Center (Princeton University).
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Former Google CEO Eric Schmidt says a frontier AI model costs up to $500 million to build and is worth about six months: "Are the scaling laws stopping?" "And the answer right now is no, which is unbelievable." "A model costs $200 to $500 million, you release it, and it has a life expectancy of about six months." "And then there's another one." "And the competition between the leading players is so brutal, right, that they literally count in the number of weeks of value of these things, which costs hundreds of millions of dollars." Schmidt is talking about the build cost. There is a second cost underneath it, which is re-proving each replacement, because whatever testing cleared one version does not carry over to the next. A company that standardizes on a frontier model this year is signing up to do that re-approval work twice a year. - Eric Schmidt (Eric Schmidt), former CEO of Google (Google) and now Chair and CEO of Relativity Space, with Alan Blinder at Princeton's Griswold Center (Princeton University).

Karl Mehta

493,274 просмотров • 1 месяц назад

Brian Tracy on his million-dollar sales lesson: "People don't care what your product is. They don't care about you. They don't care about your company. They don't even care what the product is." What do they care about? "The only thing people care about is what this product or service does for them." Brian explains that what customers really want is a change, an improvement, or a result in their life. "15% of buying behavior is determined by the past. 85% of buying behavior is determined by the anticipated future. What is going to happen as a result of me buying?" He illustrates this with a powerful analogy: "If you are selling a tour to the Canary Islands, spend 90% of your time talking about the destination and only 10% talking about the plane that you fly to the Canary Islands in." The problem? Most salespeople do the opposite. "Customers only buy improvement. The reason they buy is that they feel that the quality and quantity of the improvement will be greater than the cost and the trouble of using it." Sell the life they want, not the thing you made.
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Brian Tracy on his million-dollar sales lesson: "People don't care what your product is. They don't care about you. They don't care about your company. They don't even care what the product is." What do they care about? "The only thing people care about is what this product or service does for them." Brian explains that what customers really want is a change, an improvement, or a result in their life. "15% of buying behavior is determined by the past. 85% of buying behavior is determined by the anticipated future. What is going to happen as a result of me buying?" He illustrates this with a powerful analogy: "If you are selling a tour to the Canary Islands, spend 90% of your time talking about the destination and only 10% talking about the plane that you fly to the Canary Islands in." The problem? Most salespeople do the opposite. "Customers only buy improvement. The reason they buy is that they feel that the quality and quantity of the improvement will be greater than the cost and the trouble of using it." Sell the life they want, not the thing you made.

Big Brain Business

124,260 просмотров • 8 месяцев назад

Imagine 105 million illegal aliens gaining amnesty and voting. The Civil War is child’s play next to this. Not because of guns. Because of votes. Amnesty for 105 million is not compassion. It is a replacement of the electorate. After that, the Second Amendment is a museum piece. Heinlein, author of Starship Troopers, had the line: "That which is given has no value." Hand someone a country and they do not inherit Iwo Jima. They inherit a gift they already resent you for giving. Tillis and that gang are selling the gift.
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Imagine 105 million illegal aliens gaining amnesty and voting. The Civil War is child’s play next to this. Not because of guns. Because of votes. Amnesty for 105 million is not compassion. It is a replacement of the electorate. After that, the Second Amendment is a museum piece. Heinlein, author of Starship Troopers, had the line: "That which is given has no value." Hand someone a country and they do not inherit Iwo Jima. They inherit a gift they already resent you for giving. Tillis and that gang are selling the gift.

Gregory K Bovino

115,967 просмотров • 27 дней назад

Martin Shkreli says running a hedge fund is the worst job in finance, that a newsletter doing $50 million of revenue beats almost every fund on the planet, and that people only take the job because it's the "sexiest thing" being master of the universe. "I have a friend who wants to start a hedge fund. I told him, this is the most painful, horrible business in the world. Why do this?" "If you start a newsletter business that makes $100 million a year, even $50 million a year of revenue, you've done better than almost every hedge fund on the planet." "You do not want to do this job." "And the reason people do it, and I did it too, and I would never do it again, is it's the sexiest thing in the world. You think you're the master of the universe..." "It's waking up at 3 a.m. checking Korean stock prices and waking back up at 6 wondering what's happening in the world."
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Martin Shkreli says running a hedge fund is the worst job in finance, that a newsletter doing $50 million of revenue beats almost every fund on the planet, and that people only take the job because it's the "sexiest thing" being master of the universe. "I have a friend who wants to start a hedge fund. I told him, this is the most painful, horrible business in the world. Why do this?" "If you start a newsletter business that makes $100 million a year, even $50 million a year of revenue, you've done better than almost every hedge fund on the planet." "You do not want to do this job." "And the reason people do it, and I did it too, and I would never do it again, is it's the sexiest thing in the world. You think you're the master of the universe..." "It's waking up at 3 a.m. checking Korean stock prices and waking back up at 6 wondering what's happening in the world."

Fireside Alpha

206,012 просмотров • 1 месяц назад

Sen. Warren: A year ago, Trump was saying he would lower costs on day one. And where are we? The cost of groceries is up. The cost of utilities is up. The cost of real estate is up. The cost of health care is up. And what's been the response of the Trump administration? The big signature achievement has been that the Republicans and Trump have cut health care from 15 million Americans
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Sen. Warren: A year ago, Trump was saying he would lower costs on day one. And where are we? The cost of groceries is up. The cost of utilities is up. The cost of real estate is up. The cost of health care is up. And what's been the response of the Trump administration? The big signature achievement has been that the Republicans and Trump have cut health care from 15 million Americans

FactPost

46,089 просмотров • 1 год назад

Warren Buffett shares what he would do if he had to start investing again w/ just $1 million Here was his valuable/timeless advice: "With just a million dollars, you could earn 50% a year... I don't know what the equivalent of Moody's manuals or anything would be now, but I would try and know everything about everything small, and I would find [opportunities]. But you have to be in love with the subject. You can't just be in love with the money. You've really got to just find [the opportunity]. People find other things in other fields because they love looking for them. A biologist looks for something because they want to find something. I don't know how the human brain works that much. I don't think anybody understands too well how the human brain works. But there's different people that just find it exciting to expand their knowledge in a given area. I've had the luck of meeting a lot of people that are unbelievably smart in their own arena and do some unbelievably dumb things in other areas. So all I know is the human brain is complicated. But it does its best when you find out what your brain is really suited for, and then you just pound the heII out of it from that point. And that's what I would be doing if I had a small amount of money and I wanted to make 50% a year. But I also wanted to just play the game. And you can't do it if you don't find the game interesting, whether it's bridge or chess or in this case, finding securities that are undervalued."
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Warren Buffett shares what he would do if he had to start investing again w/ just $1 million Here was his valuable/timeless advice: "With just a million dollars, you could earn 50% a year... I don't know what the equivalent of Moody's manuals or anything would be now, but I would try and know everything about everything small, and I would find [opportunities]. But you have to be in love with the subject. You can't just be in love with the money. You've really got to just find [the opportunity]. People find other things in other fields because they love looking for them. A biologist looks for something because they want to find something. I don't know how the human brain works that much. I don't think anybody understands too well how the human brain works. But there's different people that just find it exciting to expand their knowledge in a given area. I've had the luck of meeting a lot of people that are unbelievably smart in their own arena and do some unbelievably dumb things in other areas. So all I know is the human brain is complicated. But it does its best when you find out what your brain is really suited for, and then you just pound the heII out of it from that point. And that's what I would be doing if I had a small amount of money and I wanted to make 50% a year. But I also wanted to just play the game. And you can't do it if you don't find the game interesting, whether it's bridge or chess or in this case, finding securities that are undervalued."

Triple Net Investor

285,711 просмотров • 1 год назад

Riverside County Sheriff Chad Bianco says California Democrats are sending money to homeless NGOs and then getting the money back as campaign donations - They're opening nonprofits and NGOs - The government gives them $5 million - 90% of their money goes toward administrative costs, exorbitant salaries - “We're finding is those millions of dollars go into these nonprofits — the administrative part of the nonprofits are making millions and millions of dollars” - A portion of that money goes back into the campaign funds of the people that are giving them the money So it's a money laundering scheme through this homeless industrial complex that they don't want to fix. If they fix it, then the money stops, the money dries up. — It's $25 billion that is absolutely unaccounted for. They have no accounting measures. They have nothing to show of where that money went or what it went for. You can't tell me that that is not a crime, that there's not embezzlements going on and frauds” “Thousands and thousands of people that have become millionaires over the homeless crisis here”
1:33

Riverside County Sheriff Chad Bianco says California Democrats are sending money to homeless NGOs and then getting the money back as campaign donations - They're opening nonprofits and NGOs - The government gives them $5 million - 90% of their money goes toward administrative costs, exorbitant salaries - “We're finding is those millions of dollars go into these nonprofits — the administrative part of the nonprofits are making millions and millions of dollars” - A portion of that money goes back into the campaign funds of the people that are giving them the money So it's a money laundering scheme through this homeless industrial complex that they don't want to fix. If they fix it, then the money stops, the money dries up. — It's $25 billion that is absolutely unaccounted for. They have no accounting measures. They have nothing to show of where that money went or what it went for. You can't tell me that that is not a crime, that there's not embezzlements going on and frauds” “Thousands and thousands of people that have become millionaires over the homeless crisis here”

Wall Street Apes

102,177 просмотров • 9 месяцев назад

In 2015, LeBron James asked Warren Buffett on tips where should he Invest next. Warren responds and gives the best investment advice possible to a person who is worth $1.4 Billion: Own a piece of America. Warren goes on sharing what he meant by that: "I think actually if through the rest of his career and beyond in terms of earning power then just making monthly investments in a low-cost index fund makes a lot of sense." He adds why this was important: "I would say this athletes generally tend to get promoted by people with restaurants or real estate, I mean everybody's got an idea for them and usually the simplest is the best." Warren concludes with an counterintuitive truth: "Now somebody else will end up doing better with this or that but somebody will end up doing a lot worse with this or that too and their expertise is making a lot of money doing something they do extremely well but they aren't going to generally be able to take the time to become a professional investor too."
2:59

In 2015, LeBron James asked Warren Buffett on tips where should he Invest next. Warren responds and gives the best investment advice possible to a person who is worth $1.4 Billion: Own a piece of America. Warren goes on sharing what he meant by that: "I think actually if through the rest of his career and beyond in terms of earning power then just making monthly investments in a low-cost index fund makes a lot of sense." He adds why this was important: "I would say this athletes generally tend to get promoted by people with restaurants or real estate, I mean everybody's got an idea for them and usually the simplest is the best." Warren concludes with an counterintuitive truth: "Now somebody else will end up doing better with this or that but somebody will end up doing a lot worse with this or that too and their expertise is making a lot of money doing something they do extremely well but they aren't going to generally be able to take the time to become a professional investor too."

Ronit Pereira

593,585 просмотров • 5 месяцев назад

Leopold explains his approach to not blowing up (2024) "Obviously, not blowing up is task number one and two or whatever. I think this investment firm is going to just be betting on AGI and superintelligence before the decade is out, making the bets you would make if you took that seriously." "I think if that's wrong, the firm is not going to do that well." "The thing you have to be able to resist is, you know, one or a couple or a few individual calls. It's like AI stagnates for a year because of the data wall, or you got the call wrong on when revenue would go up." "You have to get timing right. I do think in general that the sequence of bets on the way to AGI is actually pretty critical, and something people underrate."
0:42

Leopold explains his approach to not blowing up (2024) "Obviously, not blowing up is task number one and two or whatever. I think this investment firm is going to just be betting on AGI and superintelligence before the decade is out, making the bets you would make if you took that seriously." "I think if that's wrong, the firm is not going to do that well." "The thing you have to be able to resist is, you know, one or a couple or a few individual calls. It's like AI stagnates for a year because of the data wall, or you got the call wrong on when revenue would go up." "You have to get timing right. I do think in general that the sequence of bets on the way to AGI is actually pretty critical, and something people underrate."

dnap

2,335,188 просмотров • 1 месяц назад

Chamath: "Nvidia is not doing what's in the best interest of the United States." 🇺🇸🇨🇳 "I think we can all do the math. About 47% of all of NVIDIA's revenue goes to China and Chinese-related countries." "And I think when you peel back this onion, what you will find is a whole raft of companies that were stood up to buy these Nvidia GPUs to essentially act as a waystation for China." "And I think that is the big problem." "Let's have a thought starter: if 47% of all of the AI capability and horsepower is being shipped to three Asian countries, where do you think the apps that require that amount of horsepower live?" "Is there a Cursor of Bhutan that we did not know? Is there a great shopping app in Cambodia that's come out of nowhere, that's AI powered?" "I think the answer is no." "Every single time we have an advance in the United States, how is it that Alibaba shows up with something incredible? DeepSeek shows up with something better?" "At every turn and at every step of AI, they are at the same rate or one step ahead." "To be honest with you, I think the real problem that we have is that Nvidia is not doing what is in the best interest of the United States." "You have a American company that has been working around the guidelines at every turn to try to land silicon into the hands of China." "Late last year, they introduced this thing called the H20 that was explicitly designed for China and to be compliant with US rules at the time." "Which again, gives these guys substantial performance." "This is a case where (Nvidia) has plausible deniability. I sell something to a Singaporean registered company? Plausible deniability." "What am I supposed to do? You can't expect me to audit it. I think that's what NVIDIA's answer will be to this question." "But what is the real expectation? At a minimum, the United States should have a mechanism to understand it." "It is implausible that if you did one or two layers of work, you would not find that most of this traffic is being used by Chinese organizations."
1:53

Chamath: "Nvidia is not doing what's in the best interest of the United States." 🇺🇸🇨🇳 "I think we can all do the math. About 47% of all of NVIDIA's revenue goes to China and Chinese-related countries." "And I think when you peel back this onion, what you will find is a whole raft of companies that were stood up to buy these Nvidia GPUs to essentially act as a waystation for China." "And I think that is the big problem." "Let's have a thought starter: if 47% of all of the AI capability and horsepower is being shipped to three Asian countries, where do you think the apps that require that amount of horsepower live?" "Is there a Cursor of Bhutan that we did not know? Is there a great shopping app in Cambodia that's come out of nowhere, that's AI powered?" "I think the answer is no." "Every single time we have an advance in the United States, how is it that Alibaba shows up with something incredible? DeepSeek shows up with something better?" "At every turn and at every step of AI, they are at the same rate or one step ahead." "To be honest with you, I think the real problem that we have is that Nvidia is not doing what is in the best interest of the United States." "You have a American company that has been working around the guidelines at every turn to try to land silicon into the hands of China." "Late last year, they introduced this thing called the H20 that was explicitly designed for China and to be compliant with US rules at the time." "Which again, gives these guys substantial performance." "This is a case where (Nvidia) has plausible deniability. I sell something to a Singaporean registered company? Plausible deniability." "What am I supposed to do? You can't expect me to audit it. I think that's what NVIDIA's answer will be to this question." "But what is the real expectation? At a minimum, the United States should have a mechanism to understand it." "It is implausible that if you did one or two layers of work, you would not find that most of this traffic is being used by Chinese organizations."

The All-In Podcast

910,450 просмотров • 1 год назад

Rick Rubin tells Andrew Huberman how he deals with creative or writer’s block. He treats his work like a diary entry (and doesn’t worry about internal or external judgment): ➡️ “What's the cause of the block? The block is usually something that's either personal ("I'm not good enough") or it can be a confidence issue ("I don't have anything to say") or it could be...thinking about someone else ("nobody's going to like what I make"). Do you know what I'm saying? So, it's either fear of self-judgment or external judgment. If you're making something with a freedom of "this is something I'm making for myself for now", that is all [you have to do]. It is a diary entry. Everything I make is a diary entry. The beauty of a diary entry is that I can write my diary entry and you can't tell me that my diary entry wasn't good enough. Or that [the diary entry] is not what I experienced. Of course it's what I experienced: I'm writing a personal diary for myself and no one else can judge if it is my experience of my life. Everything we make can be that: a personal reflection of who we are in that moment of time. It doesn't have to be the greatest you could ever do. It doesn't have to have any expectation that it's going to change the world. It doesn't have to sell a certain number of copies for any reason. It doesn't have any of those things at all. It is "I'm making this thing for me and I want to do it to the best of my ability and to where I feel good about it". [The work] is honest of where I'm at and if you're living in this world of just being honest to where you're at, there's nothing blocking you. There are no blocks. The blocks are all based on dealing with a different force or a different perception that is made up.” ⬅️
2:34

Rick Rubin tells Andrew Huberman how he deals with creative or writer’s block. He treats his work like a diary entry (and doesn’t worry about internal or external judgment): ➡️ “What's the cause of the block? The block is usually something that's either personal ("I'm not good enough") or it can be a confidence issue ("I don't have anything to say") or it could be...thinking about someone else ("nobody's going to like what I make"). Do you know what I'm saying? So, it's either fear of self-judgment or external judgment. If you're making something with a freedom of "this is something I'm making for myself for now", that is all [you have to do]. It is a diary entry. Everything I make is a diary entry. The beauty of a diary entry is that I can write my diary entry and you can't tell me that my diary entry wasn't good enough. Or that [the diary entry] is not what I experienced. Of course it's what I experienced: I'm writing a personal diary for myself and no one else can judge if it is my experience of my life. Everything we make can be that: a personal reflection of who we are in that moment of time. It doesn't have to be the greatest you could ever do. It doesn't have to have any expectation that it's going to change the world. It doesn't have to sell a certain number of copies for any reason. It doesn't have any of those things at all. It is "I'm making this thing for me and I want to do it to the best of my ability and to where I feel good about it". [The work] is honest of where I'm at and if you're living in this world of just being honest to where you're at, there's nothing blocking you. There are no blocks. The blocks are all based on dealing with a different force or a different perception that is made up.” ⬅️

Trung Phan

1,652,308 просмотров • 2 лет назад

This is NASA Administrator Jared Isaacman take on the recent UAP disclosures. "My position on this is that, look I don't want to comment as to the the credibility of individuals. Some of it I look at and say this is really insightful and some of it I say is that that falls outside the bounds of what I think is perhaps credible on that. Just because somebody worked for the government or had a clearance does not necessarily mean that their interpretation of what they saw is accurate. I think some of it is certainly unexplained based on what we know. And I think some of it if you probably put enough people behind it, you'd say that was a weather balloon, that was a an Iranian one-way attack drone or something. I will tell you I have immense access and have been at a seat at the table since the get-go on this. I have no information, no knowledge, I can take a lie detector test, on any crashed spaceships or bodies or biological organisms on this, but for sure we're gathering a lot of data and there is some unexplained anomalous phenomenon and we are putting it out there as part of these disclosure efforts."
1:20

This is NASA Administrator Jared Isaacman take on the recent UAP disclosures. "My position on this is that, look I don't want to comment as to the the credibility of individuals. Some of it I look at and say this is really insightful and some of it I say is that that falls outside the bounds of what I think is perhaps credible on that. Just because somebody worked for the government or had a clearance does not necessarily mean that their interpretation of what they saw is accurate. I think some of it is certainly unexplained based on what we know. And I think some of it if you probably put enough people behind it, you'd say that was a weather balloon, that was a an Iranian one-way attack drone or something. I will tell you I have immense access and have been at a seat at the table since the get-go on this. I have no information, no knowledge, I can take a lie detector test, on any crashed spaceships or bodies or biological organisms on this, but for sure we're gathering a lot of data and there is some unexplained anomalous phenomenon and we are putting it out there as part of these disclosure efforts."

Peter H. Diamandis, MD

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