t? Go. Which way is it going to go? I don't think it's going to stay nowhere. I feel like it's either going to zoom or go almost to nothing and probably both. I think it might zoom and then go to nothing or it might go to nothing and then get security fixed and then zoom again. I don't know. Maybe a rug pull to zero. All right. Would you agree with the supposition that Bitcoin could go way up because of AI even if you think it's most likely to go down? Would you agree that both directions are wildly possible? No I think both directions are wildly possible. How do you invest when something's wildly possible but it can go wildly in either direction? How do you invest? You don't. You straddle it. Well I don't know. Are there, can you buy options for Bitcoin? Is that even a thing? Does the market offer options to gamble in Bitcoin? So the first thing you should know is that you wouldn't put all of your money in Bitcoin. Agree. The one thing you can be sure of, don't put all your money in Bitcoin because it could go wildly in either direction. But if something could go wildly in the other direction it does make sense to put a little bit in there, right? So let's say you could afford to lose a thousand dollars. Let's say that's your situation. Well if you can afford to lose a thousand dollars I would have a thousand dollars in Bitcoin. You're probably going to lose it all but if you don't it could become you know twenty or fifty thousand. All right. Will I pay you back if it goes down? No I will charge you for this valuable information. That's how it works. If you're in the finance game you charge people for your advice not for being right. Oh my God no. If I charged you for being right I'd never make a penny. I gotta charge you for being wrong. That's the only way I'm going to make money.

Best way to get started with Bitcoin. Was that the question? Best way to get started with Bitcoin would be to, let's see if somebody can fix my advice. I'm going to put one out there and see if you can fix it. Open an account on Coinbase. Go fix it. Fix that advice. Good advice or bad advice? Coinbase or Robinhood? Somebody says now keep in mind that Coinbase like any other cryptocurrency asset could just disappear tomorrow. Somebody says PayPal can do Bitcoin now. All right Coinbase means you don't own it. Somebody's saying I'm not sure if that difference will make a difference but I understand what you're saying. PayPal is too weird. Well I'm not going to suggest a physical wallet because I think you could lose your wallet. I have a physical wallet. Do you know where it is? Do you know where my physical crypto wallet is? I was hoping you do because I already lost it. You don't know. I don't know either. I have no idea. I know I have one. It doesn't have any Bitcoin in it so it doesn't have any value in it. It's probably in my safe if I had a safe but I don't think so. Yeah so, oh come on man. Oh come on. Maybe it's in my gun safe in case anybody thought of taking a run at my house. You have to get past the gun safe first.

All right if anybody comes up with an idea how we can make money on AI I want you to let me know. I was thinking of buying put options on Apple. What do you think? No you don't want me to drive the price of Apple down. So yeah the shorting Apple. So you can bet on a stock going up or you can bet on it going down. I sold all my Apple stock which is not a recommendation. That is not a recommendation. It's just that I had too much assets in one stock because it had gone up too much while I owned it fortunately. So I didn't want to have that exposure. My problem is that Apple's got some big problems in the future because AI is going to completely change their value proposition and that doesn't look like they're ready. Now if Steve Jobs were there AI and Apple would look like twice as valuable because he'd be looking at AI like a smart guy and then you're starting with Apple best company, smart guy, best company, AI. I'd be buying like crazy. But I don't feel like Apple has the Steve Jobs juice anymore. I feel like they've turned into an executor and not an innovator. Do you feel that? They do really good execution maybe the best. Yeah no complaints about their execution that's for sure.

All right missing something about Apple. Every one of their own chips includes AI processors. All MacBooks. They're the only company with hardware and AI already in consumer hands. Interesting. So the argument would be that their hardware would be already optimized for running AI. But I think you could run AI on an Android phone and a Windows computer. No I know you can. You can run AI on a Windows computer and Android. So I don't understand that and I don't understand that comment. All right Apple invested in everything. Yeah the installed base is their power of course. Earnings at Coinbase we'll see what this is. Higher than projected earnings. Well Coinbase I wouldn't worry about their earnings. What I would worry about Coinbase is some kind of legal attack on their business model. That seems like a real risk. All right. Robinhood avoids fees by front running so you don't see the fees but you pay them. Oh that's interesting. Yeah yeah I wouldn't, I'd be looking for the investment that is the pickaxe investment for the gold miners. So I don't think I'd want to bet on an AI company or an AI app. I would bet on a company that would make the most money because AI exists. So the Khan Academy for example if that were something you can invest in, you can't I think right it's not a public company, but if you can invest in the Khan Academy that would be the sort of thing that you'd look into because they might, I mean it might be a full replacement for public school. I mean that's how big that is. Yeah if you buy Bitcoin in Coinbase you always have the option of moving into a private wallet. A pivot wallet being some software you use to manage your crypto. Cobra University. Tate Nvidia has some exciting things. So is Nvidia is the main AI chip company that we hear about right? But I imagine the hardware people have already been overbought. If I looked at Nvidia stock now it would be through the roof wouldn't it? Yeah all right. So I think the chip companies, is AI going to drive chip companies? Will there be a 2024 page a day Dilbert calendar? Unlikely. I can't rule it out but it's unlikely that I'll have, they're ready to go. However if somebody knows of an American company that could make a Dilbert calendar you should tell that company to contact me. Right an American-based publisher who could make one of those little block calendars where you peel off a page a day. My understanding is that we don't have one that the United States literally doesn't have one. Now that might mean that they don't have one that's cost effective but in my current situation I would still use somebody who's not cost effective because I think, correct me if I'm wrong, but if you really wanted a Dilbert calendar an extra two dollars per calendar wouldn't change your mind right? But if I were doing it just for profit as my publisher did I would, that two dollars per calendar would be so big that I just wouldn't make in America. I'd use China. But since I'm not going to use China under any conditions the only way it could exist is if it's American-made. There might be people who would be willing to throw in a few extra bucks just to support an American product. So that's the only thing holding me back right. The only thing holding me back is I don't know an American company that can make one but I also haven't looked. I've spent no time looking. So if you know of any company like that have them contact me and maybe we can make a deal. Open to the possibility.

You got all your crypto stolen in your online wallet. Yeah that's the problem. How many units would I be wanting? Many units. It's unpredictable. All right let's say at its peak the Dilbert calendar was selling half a million a year. 500,000 units at its peak. But of course as things went online people don't have paper calendars. That number was a peak number so probably it probably ended in maybe a quarter million a year. I don't know what the current numbers were. I don't have any idea. But let's say it was a quarter million using the distribution channels that existed because that was the best company for calendars. So there's no second best company for doing comics on calendars. The company I was with they just owned that space. But there are other companies so it doesn't stop me from doing it. If I had to guess to answer your question if it was a quarter million calendars sold when Dilbert was in newspapers everywhere before it got canceled and you had the whole marketing engine working you know at its best. So I would have none of that right. So some people wouldn't want it on their desk because they would be afraid of you know having something by and you know reputationally some people won't buy it. If I had to guess the number would be 50,000. So I'd be looking for a company that could make 50,000 copies because I think that's what would sell in 2024.

By the way have I ever told you about my weird ability to estimate things that I shouldn't be able to estimate? I've talked about that at length. It is one of the things that happens to you if you do a lot of data analysis and you can't tell why but you can make these weird estimates that you should not be able to make. I should not be able to estimate how many calendars I can sell but I'll bet I did. About 50,000 is a pretty good guess. You can 3D print. Wow. Have you noticed that my used books on Amazon are selling for way more than books sell? Because right now the only way you can buy "How to Fail at Almost Everything and Still Win Big" is used because there's no such thing as a publisher anymore. So the people have used copies of jacked the price up to higher price than a new book. So it's actually selling as almost a collector book already.

All right you bought it and listened to "God's Debris." Cool. Oh the book "Thinking, Fast and Slow." Yeah that probably does explain. It's a good book. Thank you. It's the most influential book in business right now by the way. So here's my claim is in my book "How to Fail at Almost Everything and Still Win Big" is the most influential book in business and personal success. That's my claim. Because there are other books that sold more but in many cases they also referenced my book. Does "Win Bigly" still sell? Not much. The backlist for that's pretty weak because that was sort of a time that book was around a certain time in the world. It's not, it wasn't meant to be an evergreen. No I don't want publishers at all. I'm self-publishing because I got canceled. You loved "Win Bigly." Thank you. You listen to "Win Bigly" on YouTube. How did you do that? Is my book illegally an audiobook on YouTube? Probably is. "Atomic Habits" yeah references my book. The "4-Hour Workweek" does not reference any Dilbert stuff but Tim Ferriss does include me in his book that came after that. A few books after was it "Tools of Titans"? So one of the "Tool