think there's a whole level where this prediction thing can go up a level. They just have to give us a way to know who's been good at it in the past.

Well, Trump is teasing that he's already picked the replacement for Jerome Powell to be the head of the Fed. We don't know who that will be, but he's sort of hinting by being coy about it that Kevin Hassett is likely to be picked. That's not confirmed, but that's what the smart people think. Now, Kevin Hassett is already in the administration. I don't know his exact job, but it's something economic. And I'm pretty sure he would take the job. I think he was asked and he said the generic answer, which is he would do what the president wants him to do, which is sort of a yes. But apparently the markets are poised to love it if he gets picked because he's a lower those interest rates kind of a guy, and markets love that. So if Kevin Hassett does get picked, there's likely to be a bump in the market.

Now, keep in mind I do not give financial advice. So there are lots of other variables. So maybe he gets selected on one day, but it's the same day that some other thing falls apart. So it doesn't mean the markets will definitely go up, but apparently they'll be at least friendly to him and likely to go up.

Now, in other news, speaking of David Sachs, the New York Times had a hit piece about him and he's pushing back on it pretty hard. And the New York Times tried to make the argument that he had some kind of conflict of interest on AI or crypto and that his own investments somehow blah blah blah. Well, apparently that does not stand up to scrutiny and there's some idea that the New York Times is just a hit piece basically, meaning not too reliable.

Now, the funny thing is if you were to compare the credibility of the New York Times to the credibility of David Sachs, which one's more credible? It's not really even close. It's Sachs. If you were to look at his lifetime of whatever he's said in public compared to a lifetime of what the New York Times has reported to be true, I'm pretty sure he would win if there were some way to actually compare those things.

But I did notice that Naval Ravikant, who I mention often, he posted about that, about the New York Times hit piece. He said, "There are lies, damn lies, and New York Times headlines." Now, Naval, who I sometimes refer to as the smartest person in the world, but let's call him the wisest person we know. So he's famously non-political, but this is a little bit political. Not really. It's more about one person, but he's got one little toe in that domain, which is unusual. He usually stays completely away from the political nonsense and deals with weightier life issues etc.

But here's the thing this made me think about. Do you remember when Bill Clinton was running for office and he famously said that if you elect him you get Hillary for free? And before we knew who Hillary really was, that seemed to me at the time like a good deal. I thought to myself, "Wow, really? If you get Bill Clinton as president," which at the time I have to confess I was supporting Bill Clinton. And so I thought that was a good idea. And then when you see how capable Hillary is, I thought, well, that's actually a pretty good argument. Two for one. You know, who hates that? Now, it turns out Hillary was not really the one you'd want to get for free, but we didn't know that at the time. So it seemed like a good idea.

Likewise, when you vote for Trump, you get me for free. Think about it. Would I be doing what I'm doing if Trump were not the president or earlier when he was running for president? Not really. I mean, I became, if you can call me political, I guess you could. I only became political because Trump specifically was a persuader and that was my angle in. And so you got me for free. I literally wouldn't be involved except that Trump is the key player. And so you get whatever value you think I might add in reframing things or helping with messaging, whatever, is free. I'm not charging anybody anything. I mean, obviously I monetize some of my feeds, but in terms of politics, nobody's paying me for that. I don't have any kind of job. You get me for free.

And then I see that Naval commenting on Sachs, they know each other, and it occurred to me that when you hire David Sachs