Cobie explains the mental model that turned buying stupid ape pictures into millions.
"My own mental model is that you isolate your risk and you try every novel thing."
"You do not try everything, because then you are chasing forks and end up in bad projects."
"Instead of trying to figure out why a novel thing won't work, you may as well just give it a go. If you do this with Hyperliquid or buying the Ape pictures, you ended up a millionaire."
"When there is a new thing happening, people's instinct is to say this is stupid and dumb. You just need to invert that instinct and ask, what if this worked?"