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#618March 27, 20241:19:47

The Man Who Owns 1% Of ALL Bitcoin

About This Episode

Anthony Pompliano joins the pod to discuss the mechanics of Bitcoin's price surge, Michael Saylor's aggressive corporate debt strategy, and the transition from business operator to capital allocator. The group explores 'Pomp's List' of high-growth companies to join for career leverage and identifies significant wealth-building opportunities in 'boring' infrastructure businesses like line striping and traffic equipment rental.

Episode Description

Episode 567: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk to Anthony Pompliano ( https://twitter.com/apompliano ) about Michael Saylor’s $900M bet on Bitcoin, invisible blue-collar businesses he’s buying, plus 10 tech startups that could 10x your income and your reputation.  Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5 Listen to the first episode of MoneyWise here - https://tinyurl.com/7m5ff3rt

Show Notes

  • 0:00Intro
  • 00:25Bitcoin going up?
  • 5:26Michael Saylor's bet-the-company, burn-the-boats strategy
  • 14:18Pomp's take: genius or insane?
  • 16:42Product manager to people manager to money manager
  • 20:35Pomp's weird side businesses
  • 28:51The truth about buying blue-collar businesses
  • 30:01You can't put rocket fuel in a car
  • 35:06The prolific ownership of Philip Anschutz
  • 36:35Pomp's List: Startups You Should Work For
  • 38:5810X reputation: Anduril or OpenAI
  • 43:37Shaan interviews at Facebook
  • 50:3510X Potential: Eight Sleep, Varda, Figure.ai, Traba, Placer.ai, Rainmaker, Galvanick
  • 1:04:45How Pomp thinks about trade positions
  • 1:10:28A simple thesis on Solana
  • 1:11:22Being early on Andrew Tate

Key Takeaways

1

Transition through the three levels of business: move from being a product manager (building things) to a people manager (scaling teams) to ultimately a money manager (allocating capital) like Warren Buffett or Michael Saylor.

2

Invest in 'dumb' infrastructure required by 'smart' technology: rather than competing in high-risk tech like autonomous driving, acquire high-margin businesses like road line painting that are legally mandated for those technologies to function safely.

3

Optimize your career for '10X reputation' by joining mid-stage companies (500-1500 employees) like OpenAI or Anduril where the risk is lower than a startup but the equity and resume value still have massive upside.

Business Ideas Mentioned

Acquiring and Scaling Line Striping Businesses

Boring Business

High-Margin Safety Equipment Rental

Boring Business

Captured Audience Ad Models for Events

Content & Media

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Guest Graveyard Mentions

DA

Delian Asparouhov

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Quick Stats

Duration1:19:47
Guests1
Ideas Discussed3
Topics5