SSAB - June 17, 2026

Workout in! Leg day truncated by a tweak in the back. Did get a run inHey, Steve, did you buy SpaceX?! NO! Why not?! Stupid buying GOLD!Warren Buffett and the circle of competence… WTF does that even mean?!? I don’t know SpaceX so I shouldn’t buy? But who am I to disagree with a billionaire who got stock investing right? And I don’t mean Mr. Buffett, but Mr. Mohnish Pabrai on the Cody Sanchez Podcast.-Buffett’s Dad was a stock broker and then a US Congressman = money-The pinball machine = made up a name to sound important (the barber’s could’ve taken the money. What were they thinking?! Who do you criticize, Buffett for lying or the barbers for not be more savvy?)-The golf balls = Buffett didn’t want to do hard work. Welp, I think most would agree that the most recent generations don’t want to either!-So where does this leave Buffett’s stance on investing? What about Pabrai?-Why haven’t I been able to do the same in the Chinese market? Why did I miss the big opportunities in the Canadian market?Listen here: https://open.spotify.com/episode/1XnDEXPfyBAfnyGyRJuJFQ?si=q0WtyyEKQGWGC6vrWCT_kwGotta get my degree apostilled?! MORE MONEY OUT THE WINDOW!And it’s shopping day! 618! Who cares? How much money do you have to spend?! Looking to get a new sports watch. Can I get a discount? Only if you have a Beijing ID card. Don’t I have one after TWELVE YEARS of living here?! Nope.Donate to the show! PayPal link below!https://www.paypal.me/stevensirski?locale.x=en_CA***Show notes n tracks up on stevensirski.comAnd on Notion: https://stevensirski.notion.site/SSAB-The-Audio-Blog-of-Steven-Sirski-00acfe344e164bfab191d3cddf6952b2?pvs=4Newsletter over at stevensirski.substack.comLanguage vlog on http://www.youtube.com/@stevenslanguagevlogGoogle Stock Tracker Sheethttps://docs.google.com/spreadsheets/d/1kbpCC2cieuq23zYyr0-WznPRogVX0aS86BF4_vPvgMY/edit?usp=sharingHope you have a great one!!00:00 Cold Open and Big Day01:12 Back Tweak at the Gym03:18 Run Stats and Gear Plans04:27 618 Sale and Beijing ID06:50 Trade In Discounts Explained08:36 Foreigner Excluded From Subsidies10:38 Choosing the Xiaomi Watch12:07 Degree Rejected and Apostille Shock17:41 Cost Breakdown and Contract Timing20:49 Liquidate Everything or Commit23:38 SpaceX IPO and Option Emotions24:49 Principle Over Money and New Podcast25:52 Buffett Fanboy Setup27:09 Jesse Livermore Cautionary Tale28:46 Why Youre Not Buffett32:54 Bond Deal Reality Check33:54 Circle of Competence Test38:05 Hype Media And IPOs39:57 Buffetts Pinball Hustle42:48 Golf Balls And Hard Work44:15 China Bureaucracy Doubts46:39 Chinese Market Competence Gap48:05 Wrap Up And Links