Welcome to 2024, Where an AI Bot Just Made a Million Dollars Using a Meme You Can't Google

We explore how the dumbest possible things create real money, why your MBA might be worth less than a good meme, and how an AI bot became richer than most humans by being extremely online

The thing about modern financial markets is that they've stopped pretending to make sense. You know how your econ professor talked about efficient markets and rational actors? Yeah, about that...

Picture this: You're a serious investor in 2024. You've got your Bloomberg terminal, your DCF models, your carefully crafted investment thesis. Meanwhile, an AI bot just made a million dollars by checks notes ...promoting a cryptocurrency named after an ancient internet shock meme that I legally cannot describe in this newsletter (see video below - Nate B Jones explains it well).