{"id":661195,"date":"2025-03-18T00:59:47","date_gmt":"2025-03-18T04:59:47","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=661195"},"modified":"2025-03-18T00:59:50","modified_gmt":"2025-03-18T04:59:50","slug":"phong-le","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2025\/03\/18\/phong-le\/","title":{"rendered":"Phong Le"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">2015<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The best job in the world<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2 most important technologies of the century<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ai &amp; Bitcoin! ***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How much more fun can you have?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Put bitcoin on your balance sheet<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The board!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Change the investment policy!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Understand finance really well<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Spend the 1000 hours<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Warsaw<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Seoul Tokyo Singapore huanghzo Dubai S\u00c3\u00a3o Paulo Mexico City<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Poland hq2<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Argentina<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2012 cloud<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BI<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SILVER NOT BLACK<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We invented the space!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Invented the BI space<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analytics in the 1990s<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Invent your own space<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Best analytics technology<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Quite consistent<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Invented because there is a need!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The true mother to innovation is need!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No need, no innovation?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">35 years invent something change the market change the world!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Leader to invent things!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1,500 employees<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Software engineer invent new things!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ton of fun!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We are an innovation company ***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Innovate, invent new<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Disrupt a decision you made 5 \u00ef\u00bf\u00bcyears ago! **<br>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Love it or hate it<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not much in between<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4 weeks or. 4 months or 4 years ago<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Disruptive, questioning principles making decision yesterday &#8211;&gt;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Push your athletes!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Coach<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Thank you thank you for pushing me so hard!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Film it and provide feedback<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">100 yard dash<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Guinea pig yourself<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Blind spot<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ai can often give better feedback than humans?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">AI is less pc?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Iterated<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Draw down<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Diamond hands<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Having conviction<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">First principles understanding &amp; analysis<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You have to do the work yourself<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1000 hours conviction ,,, then <strong>go all in!<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t hedge and go half!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">100% or nothing<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">First principles research<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u00e2\u20ac\u2122re sure, you\u00e2\u20ac\u2122re not wrong!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Steadfast<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chairman<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Challenge is great!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let me explain why we are still doing it<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Learn from mistakes ,,, even more tremendous conviction?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stay the course!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Guarantee you won\u00e2\u20ac\u2122t go out of business!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin as a technological solution to a financial problem<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3,000 years<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Distributed computing<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">PRICES.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Heat training!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Can technology help solve the problem?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It doesn\u00e2\u20ac\u2122t bother me,,, because I\u00e2\u20ac\u2122m trying something new !<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A major issue or not?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin for families!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin for individuals<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin for photographers<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin for street photographers<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin backed solutions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin for nation states<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Adoption curve<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Balance sheet<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin Class<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mergers &amp; Acquisitions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Market cap company<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Double their compensation<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your hurdle rate<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">15% S&amp;P 500<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Do what\u00e2\u20ac\u2122s best!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Equity!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Owning stocks,,, owning equity!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin Equity<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t decapitalization yourself!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u00e2\u20ac\u2122t decapitate yourself<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">60% rate of return!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Does it make sense to take out a big point back loan to buy more bitcoin?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Crappy job &#8212; \u00e2\u20ac\u0153do no harm\u00e2\u20ac\u009d?\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Build, maximize shareholder value and balance sheet!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How to maximize your balance sheet<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Allocate all of your capital towards it<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">40, 50, 60%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It must exceed 60%!\u00ef\u00bf\u00bc***<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">35% hurdle rate of bitcoin<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What is the goal or role of a corporation?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not easy life!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Maximize shareholder value<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Vision &gt; Riches<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bureaucracy \u00e2\u20ac\u00a6 given up<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin gives you hope<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You get handed hope!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How to give people hope again?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Strong physiology<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Most transparent public company in the world!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hold to a higher regard<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Above board<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">KPI\u00e2\u20ac\u2122s<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin per share accretion per share !<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Velocity in which you increase BITCOIN YIELD<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2024<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How to invest in Bitcoin when to lever up or not?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin gain, Bitcoin gain in dollars<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Report<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$14B in Bitcoin dollar gain<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">GAAP metrics<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Positive cash flows,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Excess cash , invest excess cash<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TANK PHYSIOLOGY.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CLOSER TO THE STREETS<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Flexible lifestyles?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hurry up!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2.6X m\u00ef\u00bf\u00bcarket bigger \u00e2\u20ac\u00a6<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">STRK<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">DIFFERENT POOLS OF CAPITAL<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fixed income, 10% fixed yield<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$200k, off $2M\u00e2\u20ac\u00a6<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">10% dividend , fat fee<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$300T,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$120T<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Access the fixed income market<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hunt bigger markets?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Needing bitcoin off your invest,ent<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2015 The best job in the world . 2 most important technologies of the century ai &amp; Bitcoin! *** How much more fun can you have? . Put bitcoin on your balance sheet The board! Change the investment policy! Understand finance really well Spend the 1000 hours Warsaw Seoul Tokyo Singapore huanghzo Dubai S\u00c3\u00a3o Paulo [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-661195","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/661195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=661195"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/661195\/revisions"}],"predecessor-version":[{"id":661196,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/661195\/revisions\/661196"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=661195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=661195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=661195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}