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πŸ“‰ The President Just Filed 3,642 Stock Trades

Let's talk about it.

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BREAKING NEWS

πŸ“Š The President Just Filed 3,642 Stock Trades. Let's Talk About That.

We are going to stay out of the politics here. This is purely a market story and it is a fascinating one.

Trump just filed a 113-page ethics disclosure covering 3,642 individual securities transactions in Q1 2026. That is roughly 58 trades per trading day. Every president since Lyndon B. Johnson has used a blind trust to avoid exactly this situation. Jimmy Carter sold his peanut farm. Obama held index funds and Treasury notes. Trump is actively trading individual stocks while running the country. This has genuinely never happened before.

His biggest buys were a who's who of stocks that subsequently benefited from his own policy decisions:

  • πŸ€– Trump bought $1 million to $5 million in $NVDA on February 10. One week later, Nvidia announced a major compute deal with Meta. He also bought $NVDA in January, days before the Commerce Department approved chip sales to Chinese customers. $NVDA is up 426% in his portfolio since purchase.

  • πŸ’» He bought multiple seven-figure positions in $DELL starting February 10. On May 8, he publicly praised Dell at a White House event. The stock rose 12% that day.

  • πŸͺ™ He bought $COIN, $HOOD, and $SOFI while simultaneously advancing the most pro-crypto policy agenda in US history. $INTC is up 149% since his purchases, timed just before the Apple chip manufacturing deal was announced.

Can you actually trade alongside him? Technically yes, but barely. The disclosure window is 30 to 45 days, meaning by the time you see the trades, the move has almost always already happened. Trump's filing even came in late, with a handwritten note on the cover page confirming he paid late fees. By the time you read this, the Intel trade is already up 149%.

The White House insists all trades are executed through fully discretionary third-party accounts using automated computer-based systems with no direct input from Trump or his family. The timing of those automated systems is either an extraordinary coincidence or an extraordinary something else.

The Munch Take: We are not here to discuss presidential ethics. That is not our lane. What we will say is this. The man bought $NVDA, $INTC, $SNDK, and $COIN at exactly the right time while his administration was directly shaping policy for all four. Whether that is managed by an algorithm or not, the returns are real. His portfolio is up significantly across the board. Meanwhile, I spent three weeks researching $INTC and bought nothing. He apparently bought $265,000 worth in March and went to play golf. Different approach. Same market. He is up more than me. I need a moment.

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STORY OF THE DAY

πŸ€– A Man Lost $400,000 in Bitcoin for 11 Years. AI Found It in Minutes.

In 2015, a guy bought 5 Bitcoin for $250 each. That is $1,250 total. He then forgot part of his password and lost access to the wallet for eleven years. Those 5 Bitcoin are now worth roughly $400,000.

Traditional recovery methods failed completely. So he tried something different. He uploaded old notebooks, university files, and data from an old laptop into Claude, an AI made by a company called Anthropic. Think of Anthropic as one of the biggest AI companies in the world, similar to the company that makes ChatGPT. The AI found a hidden connection between an old wallet file and his incomplete password that no human or traditional software had spotted. The password turned out to be "lol420f*ckthePOLICE!:)". Eleven years of lost money. Recovered by an AI in a single session.

He said he is naming his kid after Dario Amodei, Anthropic's CEO. That is commitment and I don’t entirely blame him.

Here is the bigger picture. Bitcoin is sitting around $82,000 right now and slowly climbing back toward its all-time high. But this story is not really about Bitcoin. It’s about what AI is becoming capable of doing. Finding patterns humans cannot see. Solving problems that seemed permanently broken. Recovering things that seemed permanently lost.

We are genuinely in the earliest innings of this technology. The fact that an AI just recovered $400,000 from an eleven-year-old forgotten password by reading someone's old notebooks is not a party trick. It is a preview.

The Munch Take: My wife asked me last week where I put the password to our old Netflix account. I told her I had no idea. I am now uploading eleven-year-old notes into Claude and hoping for the best.

πŸͺ Munchy Memes

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