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It all really depends. But I love being part of. If I really feel bullish about something, I love being part of the journey. Because for me now I still have the hunger and drive of winning again. I love winning championships. And this is the next form of doing it. But instead of wearing a jersey, I'm wearing a Tom Ford suit and tie. Or I got this. Nice. I don't know what color you guys call this, but I think it's very like tvpn. Yeah, yeah, yeah, yeah. Green. Head to toe. Head to toe. Taking the NBA to the next level. Is there anything that could make the NBA bigger? It's at the top of the mountain, but is there an even higher mountain? Is there a drive to survive play? What would make the NBA even bigger? If you could do anything. I don't know if this is legal, but imagine if you. Right where you're starting. I don't know if the NBA could do this, but imagine if like. So we have this something called the Player post Career income Plan. Right. And I'm gonna give some tea and I don't be real. Right. So the Player post Career income plan is where basically we take a portion of our capital and we put it into. Let's say it's like the Voya or the principal. Right. We give them our money. We give them a percentage of our bi weekly check. Yeah. And they hold on to it. It's good if you have, you know, bad spending problems and whatnot. And that is what it is. But you get nothing out of it. You don't make no yield, no interest. Right. But imagine if we were able to kind of create like a MBPA fund. But it's, and, but it's. We're not gonna be doing the money market four and a half. Like sure, you wanna be YOLOing, but like a college endowment. Yeah, college endowment. Where they allocate tax. Wait, wait, wait. I'll tell you this. So I. There's a blend. We follow the sport of business as you know. So I don't know really anything about this, this kind of program that you're talking about. You give them money, you don't get any yield on it and then they just give it back to you at a time. So the reason why they created this is. You guys remember the ESPN 30 for 30 broke, right? There was a lot of high profile athletes that unfortunately. And it happens, right? Listen, at the end of the day, we come from, especially myself, I've come from nothing. You give us millions of dollars and we can't rely on people back home to help us. It's like the blind leading blind and you just get a ton up front. You think, oh, this is never going to stop. Yeah. So this was something that the NBA and I appreciate Adam Silver and David Stern taking say, hey, we don't want our players to pull out of their 401k at 35, 45 because you know, you get heavily penalized, the tax, everything. So we're going to create a player post career income plan. The day you're done playing, we are going to give you a check monthly to get you to 55, 60 years old. Right. Which I love and I think that's so smart. But imagine if now we're able to take some of that capital and get some exposure to somebody's great investments. Like imagine if, think about this back when SpaceX back in 2022, right? If I came to you and said the NBA association is going to give endowment of 500 million, $100 million to get into some allocation space, that's a pretty good one to get into, right. I'm not saying go ahead and buy a bunch of Sally Beauty supplies. We're saying something a little bit more protective, right? A little bit more that we just don't understand why. So. So if there's capital that's been put aside, coming out of your paycheck and it's sitting there, somebody's getting yield on it. Oh yeah. Who's getting the deal? Not me. That's crazy. That's crazy. But I will say this though. I will say those because then everyone's gonna be like, so they're like, yeah, we're taking care of the players. Meanwhile they just have this huge pool of capital that they're. Well, I will say that seems a little bit. But I will say the NBA's done a great job with the 401K. What they've done that no one else does is that they will match whatever you put in the 401k. 120%. Wow. Which is great. So. So the NBA does a really good job protecting the players and trying to put the players in the best position to be successful, which I appreciate. So that's, you know, you got to give a little bit. It's a start. It's a start. And it's like, you know, no one's ever finished product. Every business can get better. That's why AI Robotics, that's a big thing, right? Especially in the workforce. Well, guys,

Investor and NBA champion Tristan Thompson. We're very lucky to be joined by him here in the TDP at Ultra Dome. There we go. John, stand up next to. It's like Wally Zerby acting here. You guys are pretty. Yeah. We're like, say hi. Yes, you are. Let's go. You are all of it. You are a tall drink of no milk. Holy schnikes. What's up? What's going on, brother? How are you? We're doing great. Yeah, yeah. Why don't you stand up? Not even close. No. I'm happy to let you guys do your thing. I just wanted the audience to understand that John is an NBA sized man. It's. And, and on the camera, everyone thinks I'm five, ten. And then John and you guys, like, they might seat the shortest one right now. Like, seriously, like, this guy's a. He was a Center for 14 years at this height. How do you do it? What's going. Anyway, it's great to have you. It's great to have you. Glad to be here. By the way. Congrats to you guys. Thank you. Congrats. Thank you. For landing you. No, no, no success in that position. Thank you. Thank you. Yeah, I mean, I want to start with, I mean, tech and investing. I mean, we can go through your career, but I'm interested in sort of how you first caught the bug, how you first got interested in technology investing, just your journey to financial management, understanding more of your strategy and sort of like oftentimes there's like mentors or books and resources along the way. Like, what was your journey? I mean, I think for me, and, you know, I won't give like the cliche, like, you know, I think other guys are like, you know, I think I didn't start really investing into things outside of the traditional. Yeah. You know, state treasury bonds and The S&P 500, the stuff that Fidelity and Wells Fargo tell you to money market. You have a map. I waited till my second deal. Let's be real, like, you know, because, and you know, I tell the young guys is, you know, your first. Because you got to just be focused on being really good at basketball so that you get the second deal. Yeah. When you get the second deal. When I got my, my, my second deal, 82 million. You know, I switched financial advisors because of the one I was with. Bang, bang, bang. There you go. Wow. Wow. This is high energy here. I love this. Wow. But no, you got two deals. No, I started getting into alternative assets and getting into. And investing in companies, whether it's consumer or tech, or were you getting pitched VC funds? Like invest in the VC funds? Yeah, you know, like Carlisle Group and all those guys. You know, back then, I was with Morgan Stanley, so they would give us those opportunities because they had them as a client. So that was kind of like my early, kind of like get my feet wet. But obviously, as I got older and wanted to dive into more, but obviously having the capital to have that exposure, you know, I started to look into more and start to talk to founders and, you know, get ahead of.

Nicotine pouch has finally got mrtp, which is modified Risk Tobacco product. Zyn is the first one to go and Zynn can now market and put on the label and advertise that it is better for you than cigarettes, which is such a mild claim, but it's huge for the industry if you know what this means. It's an extremely high bar. They have to run a bunch of tests and whatnot. Every product in the category currently says this product contains nicotine. Nicotine is an addictive chemical. But the products forever have not been able to say this is better for you than smoking. Which is the obvious benefit that every company wants to make. They want to make that claim. There's a ton of literature out there. A lot of it's from Sweden, a lot of it's international. The FDA has to review it on a per product basis to make sure that your particular product maps to the data. Because the Sweden data that everyone points to is about snus, which is a tobacco product. It's not exactly the same as as white nicotine pouches that actually don't have tobacco in them. But anyway, the FDA has to review each one. They reviewed Zinn and they gave them the MRTP approval. It's huge news for the industry. It's very good news. It's good news for everybody.

You know who won't be raising capital at the New York Stock Exchange anytime soon? These fly by night peptide companies. Because the peptide battle has commenced, says Jessica Adams, FDA recommends against adding all seven peptides under review to the 503A bulks list. Is that for bulking up? Is that a list of things that get you bulky? No, I think it's things that cannot be produced in bulk. But the FDA has effectively delivered a blow to BPC157 for ulcerative colitis, KPV for wound healing, TB500 for wound healing, MOTs C for obesity and osteoporosis, amidiltide and DSIP for opioid withdrawal, Cmax and epitalion. You can tell I do not know my peptides by the way I'm pronouncing these. Anyway, a lot of people are fans of this stuff. Sorry if this is a dark day for you. A lot of people are in the camp that the FDA serves a functional purpose here to review these things and make sure that they are effective and safe for public health. It's a blow for them. Ben texted, we're just about to take all of these now. Yeah, a lot of people are going to be upset here. I think a lot of people would also say that this is like, maybe good if, you know, there could be some very real downsides with any of these. I was texting with a friend in healthcare this morning. I said, what does this mean for peptides? He said, done so. And I said, can't sell anymore. He says, unless RFK overrides the fda. Not legally. And then I said, but they were already in a gray area. Now they are explicitly banned. Question mark. He said, they've been banned other than research use and haven't been enforced for human use. So they've been banned, but there hasn't been enforcement. Justification for taking them off the ban list was to kill the gray market. A lot of people have been taking peptides from random websites online. They either don't even have active ingredients or they're contaminated or, yeah, they're effectively just. Just nothing. And he says, I think the real companies that are. We're moving into the space net new in anticipation of this changing are in a real pickle. So, yeah, so we'll see. They now face a newly constituted pharmacy compounding advisory committee, making the July meeting one to watch. That will be July 23rd to 24th 4. So we will keep following.

Room, we have Andrew Rao from Tax Wire. Andrew, how are you doing? Good. Guys, thank you for having me. Thank Robert on the show. Welcome, Jordy. Great to see you. I know you guys know each other, but for the audience members that don't, maybe introduce yourself, tell us what you're building. Yes. Jordy, good to see you. I did not.

Harold Lewis is truly living in the year 2060. Or 2600, something like that, or 30 60. Because Harold Lewis from Tarrytown, New York, says, Beam me up. I want human teleportation in the next 20 years. It should work a lot like email, in which data composed of bits and bits, that's email for humans as a whole, in one place are disassembled, then electronically transmitted to. To another place where they are reassembled. What is DNA if not bits and bytes of human beings? Do you believe that if you were teleported in this fashion, you would remain. Would you be teleported? Or is it a prestige situation? Not to. I would almost certainly have Tyler go first and just, like, give it a spin and. Well, no, the whole point is that you wouldn't be able to tell, but, like, I would actually tell you. Die. And there's a clone of me. Yeah, the. You would die. Like, you would have no way of knowing if it was me or not. Because in every way, it's like, all the same data. Yeah, yeah. You might be in the pocket of big teleportation. No, I'm still. No, I'm arguing. New Tyler would be like, it worked great. And then the corpse of old Tyler, who got disassembled molecule by molecule, would be no longer with us and disappeared. And that is the question in the Prestige. You gotta go. Paul Blanco wants something else. He wants a smart spatula. This is so much more attainable. I'd love a cooking spatula. Human teleportation, that could tell without penetration what temperature or how thoroughly cooked a hamburger or steak is. Such as rare. Do we not have, like, a. No. Like, we literally have things you just. No, no, no. You want. Without penetration. It has to. You just rest the spatula on top of the steak and it tells you inside the steak what temperature it is, which is very difficult because if you're searing or doing a reverse sear or something, the outside could be a different temperature than what's going on inside. So how do you detect the temperature without penetrating the steak? With a thermometer, a powerful X ray. Imagine it's as big as that brain scanner thing. Yeah. Here's your smart spectrum. Load it up. It's like MRI ing the entire steak. That'd be a good time. Robot chefs. Oh, this is related. I want a robot that can work as an executive chef in my own kitchen, says Ray Lohr from Lacey, Washington. It could call a grocer. Order ingredients, insisting on it all being upscale, and have those ingredients delivered unpack load the fridge and then use my appliances to make dinner. 20 years. I think it's possible. I like that. That's right on the right level of sci fi. Seems doable. Not something we can whip up in a weekend with an Arduino like the smartphone. Some of these ideas are silly, but I'm viewing it as a very literal request for startups. Yeah, yeah, no, I like quiet inside. Cheryl Franklin from West Grove, Pennsylvania says, given the negative effects of excessive noise, such as elevated blood pressure, cardiac stress, and lower real estate values, I'd love to see improvements in building materials. For example, drywall with built in soundproofing capabilities. Love that. Perhaps a lightweight sound. It's called lead paint, Cheryl. Bring it back. That doesn't do anything to sound. Perhaps a lightweight sound blocking film could also be developed for use in existing buildings. And I had a startup idea a while back. So, you know when you have a young baby, a child, and they. Every time you go to change the diaper, very noisy. One of my friends put up sound panels like a podcast studio. Full slat wall in the, in the nursery. Dual use technology. Dual use technology for sure. And it dampens the cries so you can. So you're not so echoey. Cause sometimes if a kid's crying in a very echoey room, it really reverberates and it can be kind of crazy. And lot pain is dense. So in theory, any added mass can reduce sound transmission. So maybe add a little bit of lead paint to your nursery. Lead plates, whole lead plates, maybe whole Faraday cage. But here was the idea. No one wants a slat wall in their nursery, in their baby's. I don't know, maybe if you're trying to breed the super podcaster. But most people don't want that. They want animals. They want a pastoral nature vibe, some warm pastoral pastels, some nice warm tones. Something welcoming for the new child who's just been brought into this world. And so the idea was a typical sound panel, square, flat. You know, you might see the egg crate, the black material, but you paint on it. An animal you painted on it. Childlike, you know, paintings that you would hang on the wall. It looks appropriate, it fits the decor of the room, but it also has the added effect of sound. Treating the room so that it's less noisy when everyone's yelling, good business. Banger, banger. There we go. Banger. Got a banger. Better than C Corps on demand for doctors. For doctors to do. Tax process maybe. Certainly simpler. Jennifer Smith. We have made so many advancements in so Many areas. But what I want most is a way to control outside noise. This is the superpower she wants. It would be so nice to be able to sit on my screened in porch and enjoy listening to the birds without having to hear nearby traffic. Which sounds like drag racing these days. Well, that's because it is drag racing, Jennifer. We're drag racing in your neighborhood. If sounds are waves, can't we block some? How have we not invented an open air type of noise canceling headphones to shield noise waves and give us some quiet spaces outdoors. Interesting. I mean, the simple solution here is just more electric vehicles. They're quieter. You don't sound like drag racing. Obviously there's a whole bunch of emission standards that also reduce noise from internal combustion engines. At least until you chop the exhaust and straight pipe that thing. But if you're not doing that or you engine swap your Model 3. Yeah. V12, but yeah, I don't know. Is this possible? Could you just put out a big speaker that selectively noise cancels car noise, but not bird noise? That seems possible. Seems? I personally, I would, you know, take my home. I'd get really thick windows, ideally lead paint in the whole home. You know, even lead paint. Just love the lead paint. And I'd bring the birds inside. I got an alternative theory. If you got drag racers racing down your quiet bird infested street, you gotta go Wile E. Coyote mode. You gotta put out a fake tunnel out of bricks, paint it with some lead paint. Maybe the fake tunnel the drag racer smashes into the bricks, they'll never be racing down your street again. Drop an anvil on their. Yeah, dropping an anvil on the car, that works too well. You're going to like this one. Tell me what we got. Daniel Hansen says, first I'd like to see a dishwasher with racks that can be raised, making it easier for tall people to load and unload them. Literally a thing that exists. My dishwasher has that functionality.

BOX. The Wall Street Journal asked their readers what innovations they want to see in the next 20 years. And the answers are sort of all over the place. And so number five will shock you. Number five might shock you. What innovation do you want to see in the next 20 years? Tyler? Think of something. Jordi, think of something. I'll read some of what the Wall Street Journal readers wrote in. Mary Gillespie from Irving, Texas, said solar on wheels. She wants. She says, why can't cars be manufactured with solar panels integrated into the top of the vehicle? Then it could recharge the car's battery as you travel and when you park. So this is not actually a new idea. There are cars that have solar panels on the roof, but solar panels are extremely weak, and so you'd have to leave the car outside for like, five months to charge a full electric car. Now, there have been DARPA grand challenge cars and specific almost science experiments vehicles where they have a huge surface area and it's this massive wing of solar panels. And I think there's a plane that's also potentially able to ply indefinitely by having solar panels that recharge a motor and it spins. But for a normal car, a single solar panel on the roof doesn't get you much in the way of charging. But she's basically asking for stronger solar density, stronger energy density, and I'm in. I'm in. In 20 years. Totally feasible. Mary from Irving, Texas. I think it's going to happen. I think it's possible in 20 years. Anyway, traffic jam plan. I would love to see an autopilot feature. I would love to see autopilot features on cars. Talk to each other. You're saying Chat wants nuclear cars. Just get a nuclear car. That's very, very fallout. I like the. What is that? Nuclear punk or something? What was that? There's like an alternate history of like the 1960s if it was powered by nuclear, not solar punk Atom punk. Atom punk is the term. And it has all these really cool things that could be powered by nuclear. Maybe we'll get there. Fusion is sort of promising that. We've talked to a couple companies that do smaller fusion reactors, and they tend. Avalanche is one up in Seattle or maybe Washington, where it's basically the nuclear reactor, but it's fusion, not fission, and it's about the size of a large battery. And so you could potentially put it in a car, put it in a drone, put it in a space vehicle, keep it up there for a long time. Accordion traffic jams would be a thing of the past. What Is an accordion traffic jam. I think that's when the traffic's like, oh, going in and out, in and out. People are stopping and going. And there's that slight delay when theoretically, if ever, everyone was like, moving at the perfect. So Morgan Clayton from Birmingham, Alabama, wants autopilot features on all the cars to talk to each other. So they never do that. So they know, okay, I gotta speed up, I gotta slow down. And then they're all perfectly in sync. Probably doable. You need some standard or something. What are you thinking? Musical vision. This is a good one. These people are thinking outside the box. This is not like, oh, I want inference at one tenth of the cost. Silicon Valley is unimaginative by comparison. But Mary Stickner Gifford from Alpine, Utah, says she wants musical vision. I'd like to see the invention of a device to help musicians with eyesight limitations read music. There are many ways to help the sight impaired read the printed word, but pianists and others need to read music at the piano. My father's sight was so bad that he had to look at the music about 2 inches away, memorize one or two phrases, then practice what he memorized. He gave his last recital from memory at age 94. What a legend. Let's give it up for Mary Schickner, Gifford's father, grandfather. Powerful, crazy idea. Can't you just print it bigger if you're having trouble seeing it? You just invented the semi truck size printer. Yeah. I mean, you could just print like a poster board and then you can see it at the piano also. Glasses potentially solution here. Yeah, I wonder. I mean, it might be a small. Might be a small market of people whose vision is so impaired that even with glasses, it needs to be up close. Up close. I'm just confused by why this. The invention of a device to help musicians with eyesight limitations read music. Why are we focused on reading music? Wouldn't this be. Wouldn't any technology that allows you to read music if you're hard of sight allow you to read anything? Are we talking about general technology? I mean, couldn't you have. Couldn't you learn individual notes and then learn the order of that? Have it spoken to you? Yeah, I do think maybe iPad app. IPads often sit at the. At the piano and you could have an iPad app that shows sort of like one note or two? What about a humanoid robot that grabs your hand and bends puppeteers. You like a marionette and, you know, slams your hands? Yeah, totally possible. Battery swaps. We've seen these in China where they Eject them with great force. Joseph Magnotti from Sarasota, Florida, has a different idea. He says, in probably less than 20 years, the technology of all solid state batteries will reach the point where the owner of an electric vehicle. I like this because he's phrasing it more as, like, a Pull up this video we have, Joseph. We got the technology. We just need to make it less violent. We'll reach the point where the owner of an electric vehicle will be able to drive into a service station, buy a pack of batteries, each the size of an old phone book. Okay. This is a very different technology. Yep, that one's very dangerous. Let's not do that, okay? Every time I call Nick on our team, he's, like, on some crazy quest to charge his car. Every time? Yeah, he doesn't have a. Every hour of the day I call him, he's like, oh, I'm. I'm trying to find a charger. Like, you know, the map was wrong. Launching my battery like a broadside canyon at the moron next to me. That cut me off. Just committing seppuku with your car. Just abandoned the battery. But you take out your rival. It's a crazy thing because, like, if you eject that battery, like, you're not getting it back, it's going to be at very least damaged. There's no way that's going back in the car. But this, of course, is a fire mitigation strategy. Electric vehicle batteries can burn for days on end. If you can eject them, you save the car, you save the surroundings potentially and create a much more safe environment. Totally reasonable. Looks hilarious in the video. Anyway, Nick just texted me, bro, the chargers in Malibu are all fake. They are. I don't know what that means. I don't even know what that means. No worries about charging taking too long. The imminent technology will also herald a rebel. That's probably the new, like, I'm going to the dent. You know when someone's, like, interviewing at other places and they're like, oh, I got a dentist appointment. You're like, again. But Nick is just like, oh, I'm just charging my car. I'm just charging my car. It's a good excuse. I don't buy it, Nick. I don't buy that the chargers are fake. Here's one. Ethan Glasby from South Kingston, Kingstown, Rhode island, wants a trash economy. He says, push, put trash to work. I would love to see it at home. Generator powered by bacteria that eat trash. We already have bacteria that produce ethanol as well as bacteria that break down plastic so both in one doesn't seem like that much of a stretch. Much like solar energy, the ethanol could be used to offset heating costs and keep the fridge running when the power goes out. He's basically asking to burn the trash, but I guess in a more clean fashion, all while being fueled by household waste. Just maybe don't tell your dinner guests that you are growing bacteria in the next room over. Good, Lil.

Yeah. What a run. And, yeah, the whole space economy has been booming. Very, very good. It's a $60 billion company, so they're picking up an $8 billion connectivity provider. And we can play a little bit of this from the founder of Rocket Lab, the CEO Rocket Lab is Rocketman himself. Rocket Lab is acquiring Iridium Communications. At the time I was wearing this blue jacket. Look at this. Was announcing neutron. So I guess that means there's something important to announce. Do you ever. Wait, pause for a second. Do you ever put on a jacket like that? Because. Let's rewind. Is this really the important. This seems to be one of the more. Look at this. No, wait, wait. Whoa, whoa. I don't know. I mean, I don't think I have, but now I want to try. How do I toilet put on jacket? I go like this. Take the jacket off. And then when I put on the jacket, I usually just go. How do I put on the jacket? Now then punch up. No, no, no, no, no, no, no, no. That was way too much. To the side. You want. Yeah, yeah, yeah. Okay, but try it. Try it his way. One arm out, and then you want to punch up through. Okay. So you go one arm. Yeah. And then you're punching up to the stratosphere. Because he launches rockets. No, it's. It's a metaphor. It's a metaphor for the rockets that leave that. Go to orbit. Okay. Okay. Anyway. Symbolic. All right, let's go back. Let's keep playing.

What else is in the news today? I have a pitch for you. I have a business idea. I want your feedback. So what's the biggest problem with being a doctor? You make a lot of money as a doctor, right? What's the biggest problem? The odd hours. No taxes. You make so much money, you get taxed on normal income, ordinary income. Even if you're a doctor, you're saving people's lives. You're doing the most important job in our economy. You have a doctor buddy that also runs a hedge fund though. And when he runs the hedge fund, he's making capital gains. But when he does an operation, he makes ordinary, which to me is personally very concerning. I don't know if I'd want to go to see a doctor that does surgery. That to be fair, he's building a new clinic and he has time off. Well, yeah, he's not up and running it, but when I heard that a surgeon was also running a hedge fund, I got a little bit worried. Just, you know, if I was under. Under the knife. Yes. And, but there were some. And the market was open, I'd be, I'd be a little nervous. Only on off hours for sure. But the, the doctor makes a ton of money, saves people's lives, does all sorts of good things, gets taxed at ordinary income, not capital gains. So you're taxing doctors who are saving lives at a higher rate. So my business idea is, with the power of agentic AI, we create thousands and thousands of Delaware C Corps for every doctor. So every time that there's a doctor's appointment and you have to pay the doctor, you acquire one of their Delaware C Corps. And within that C Corp there is on the balance sheet of that company, basically an IOU for the services the doctor must render you. So sitting on the balance sheet, sitting on the balance, she's an asset. It's an asset. And so you can then depreciate that asset since you've acquired it. The doctor reaps capital gains and then you cash in your. Yeah. And they can have a sort of a farm of C Corp. So there's, you know, they've had them, the shares for over a year. Exactly, exactly. Long term capital gains. And then the patient, on their way out, they sign one form, agentic AI does its thing, winds down, the C Corp and cashes is in the asset. And then the doctor can reap capital gains. What do you think? You think we got a business there? I think you just created vertical AI agents for tax fraud. I asked ChatGPT and it said, this is almost certainly dead on arrival. Not clever tax optimization, more like abusive tax shelter with health care law side quests. The core problem is the economic substance is obvious. The patient is paying for medical care. The doctor is being paid for performing medical services. IRC61 includes compensation for services and fees and gross income. And the IRS says you generally include everything received in payment for personal services. Wrapping the bill in a newly minted C Corp. Does not change the income character. Well, I think we'll have to take that one to the screen all the way. Take it all the way. Take it to the Supreme Court. There's a chance, I think you can wrap it in a prediction market. Right. So every single time you go to the doctor, you say, okay, there's like 0% chance the doctor is going to do well. And then he bets yes. He bets yes. And then we'll see what happens. But, you know, if it's a good doctor, then he'll be paid out in full. It also pretty sure adds insurance to it as well because you don't pay if the doctor doesn't do a good job. Yeah, it's like insurance is built in. Built in. So this is actually. But are winnings on prediction markets capital gains? I think it's still mostly unclear. So for the next few years, I think this would definitely be a good strategy. Okay, I like it. I like it. You have to imagine because they say they don't use the word bet, they use the word trade. Trade. Yeah. So capital gains trading, capital gains treatment, maybe. I think that the post last year where someone was saying, like, prediction markets will replace everything. If I want blueberries delivered to my house, I go to the market for blueberries being delivered to my house. And I bet $15. And I bet, no, someone else, they bet, yes, they deliver me blueberries. They get the $15. Works every time, works every.