The Pomp Letter

🚨 READER NOTE : I am hosting the first book signing for my new book, How To Live An Extraordinary Life, in New York City tonight (Monday September 30th) at 7pm. There will be a short discussion about the book and then I will sign copies for anyone who attends. The event is free to attend. You can RSVP to come to the event by clicking here . I look forward to seeing you there. To investors, Cheap...

READER NOTE : I am hosting the first book signing for my new book, How To Live An Extraordinary Life, in New York City on Monday September 30th at 7pm. There will be a short discussion about the book and then I will sign copies for anyone who attends. You can RSVP to come to the event by clicking here . To investors, The debate around a potential recession continues to rage on. Bearish capital all...

To investors, I have spent the last two years writing a book. It has nothing to do with hardcore finance or bitcoin, but everything to do with self-improvement, constant learning, and living the life you want. The book, which is titled How To Live An Extraordinary Life , is a compilation of 65 letters to my children on various life lessons I have picked up over the years. I never had an intention...

To investors, SpaceX successfully conducted the first civilian spacewalk in history this morning. There have been plenty of astronauts who have gone outside the International Space Station, walked on the moon, or participated in a variety of spacewalks, but we have never had a civilian experience the magic of space in this way. If you watch this short clip of the first of two civilians to enter sp...

Today’s letter is brought to you by Domain Money! If you’re reading this right now you don’t need financial advice, if you did you would use  Domain Money , a company of flat fee financial planners that craft you a personalized, in-depth plan with unbiased, straightforward, and real sound advice based on your values and goals, but you are all better than that. You know about money. That’s why you’...

REMINDER - The BUILD Summit Is Two Weeks Away! BUILD Summit, our annual conference in NYC for founders, is coming up next month on September 26th. The event will provide top tier speakers, networking opportunities, and insightful business discussions on raising capital, scaling businesses, and building products. Current speakers include angel investor Balaji Srinivasan, Khosla Ventures’ Keith Rabo...

Today’s letter is brought to you by Unbound Golden Visa! What if you could use Bitcoin as a tool to unlock future freedom for you and your family? Well, now you can. m Unbound is the Portuguese Golden Visa Fund that invests in local companies 100% owned by the fund, which in turn invest in Bitcoin via SEC-compliant ETFs. The Portuguese citizenship by investment program is the top European choice....

To investors, Inflation has been the story of the decade so far. We went from sub-2% in early 2020 to over 9% by the summer of 2022. Today, one of economists favorite metrics sits at just under 3%. This roller coater ride has had a significant impact on asset prices and investor psychology. On one hand, investors who have been allocated to the stock market continue to see their portfolio value inc...

Today’s letter is brought to you by Domain Money! I love talking about money, but I’m not a financial professional—so I don’t offer one-on-one coaching or advising. But sometimes, you need someone with expertise to work with you—one on one!—and provide personalized advice. I’m partnering with Domain Money to pair our community with flat-fee CERTIFIED FINANCIAL PLANNER™ (CFP®) professionals who can...

To investors, The public narrative for wealth creation is that you can’t get rich working for someone else. America has a culture of individualism and entrepreneurship, which has served the country well as we continue to innovate in various industries. But new data coming out of Nvidia suggests there is an exception to every rule. In a recent survey of over 3,000 Nvidia employees , approximately 7...

Today’s letter is brought to you by Unbound Golden Visa! What if you could use Bitcoin as a tool to unlock future freedom for you and your family? Well, now you can. Unbound is the Portuguese Golden Visa Fund that invests in local companies 100% owned by the fund, which in turn invest in Bitcoin via SEC-compliant ETFs. The Portuguese citizenship by investment program is the top European choice. Wi...

To investors, All eyes in financial markets are on the September interest rate decision from the Federal Reserve. Investors have been convinced interest rate cuts were right around the corner at various times throughout the year, but recent economic data has finally driven consensus agreement for September. Kalshi, a leading prediction market for economic data, shows an 88% chance that the Fed wil...

To investors, Vice President Harris is expected to unveil an economic plan later today in her bid to be elected President of the United States in November. The plan will cover numerous topics, but two things getting attention already are her ideas on how to bring down the cost of food and home ownership. First, it is true that food prices have exploded in America. Grocery bills are up nearly 26% s...

To investors, On June 27th I wrote a letter to this group titled “ Prepare For A Volatile Second Half Of The Year .” It included the following chart from Bank of America, which highlighted a 25% increase in volatility from July - November of election years. Almost exactly on cue, volatility exploded within the next 45 days. Michael Batnick from Ritholtz Wealth Management put together this chart to...

Today’s letter is brought to you by Domain Money! Wondering where to go for financial advice?  Domain Money  makes financial planning simple. No hidden fees and no sales pitches - you get a personalized roadmap to your goals, from dream vacations to retirement. Flat-fee advisors create a plan tailored to you, with zero pressure to invest. Don’t be like most people who’ve never had a real conversat...

READER NOTE : Next Tuesday I am hosting a free webinar for anyone who is trying to transition into a new job in the bitcoin and crypto industry. Previously, my team and I have helped more than 3,000 people find a new role, so I will break down the lessons learned and provide specific and actionable advice on how to make the jump efficiently. The event is completely free. I will be joined by people...

Today’s letter is brought to you by Domain Money! Wondering where to go for financial advice?  Domain Money  makes financial planning simple. No hidden fees and no sales pitches - you get a personalized roadmap to your goals, from dream vacations to retirement. Flat-fee advisors create a plan tailored to you, with zero pressure to invest. Don’t be like most people who’ve never had a real conversat...

Today’s letter is brought to you by Domain Money! Wondering where to go for financial advice?  Domain Money  makes financial planning simple. No hidden fees and no sales pitches - you get a personalized roadmap to your goals, from dream vacations to retirement. Flat-fee advisors create a plan tailored to you, with zero pressure to invest. Don’t be like most people who’ve never had a real conversat...

To investors, President Joe Biden announced yesterday that he would not be seeking re-election in November. This is the latest development in an already chaotic Presidential election season, which has included criminal convictions, assassination attempts, and debates around the cognitive abilities of older candidates. To add to the chaos, Biden announced his decision to leave the race via a writte...

To investors, Changing your mind when new facts are presented should be encouraged. It is a sign of intelligence. One example of this from earlier in the week was JD Vance’s selection as the Republican candidate for Vice President. Vance previously had been a Never Trumper. He had shared harsh criticisms of the former President and condemned Trump’s actions.  But Vance claims he eventually changed...

READER NOTE : There are over 800 Bitcoin-only businesses and 2,500+ Bitcoin-focused companies with thousands of open job roles. Next week I'm hosting a webinar with BitcoinTalentCo who will provide a masterclass for how to get a Bitcoin job. These open roles span everything from engineers to customer service — if you want to work in the bitcoin industry then you should attend to learn. Register fo...

To investors, For the last two years, I have been quietly building Professional Capital Management — a new investment firm. The new firm takes a very different approach to compounding capital. First, the world is becoming more uncertain and less serious. Society is going to need professionals to step up and solve important problems. A professional is obsessed with being the best. They seek new inf...

To investors, Housing affordability has hit the lowest point since 2007 according to a recent article in Bloomberg. Prashant Gopal writes: “Owning a house is less affordable for average earners in the US than at anytime in 17 years. The costs of a typical home — including mortgage payments, property insurance and taxes — consumed 35.1% of the average wage in the second quarter, the highest share s...

To investors, US Treasuries have long been considered the risk-free return. You could buy these assets, hold them to maturity, and you were guaranteed a pre-determined return. There was no risk because the return was paid by the US government and no one seriously worries about a US default that would prevent Treasury holders from being paid. I don’t believe this is the correct way of viewing the w...

To investors, The crypto market has been trading 24/7/365 since the first coins traded hands nearly 15 years ago. Anyone in the world with an internet connection can buy or sell assets, regardless of the time of day. Weekdays? Market is open. Weekends? Market is open. Midnight? Market is open. Holidays? Market is open. This type of always-on market is how assets should trade. It allows market part...