The Iced Coffee Hour
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EMERGENCY UPLOAD: Stock Market Investors Are Losing Everything - How To Profit! | Chris Camillo

August 9, 2026

AI Summary

5 min read

The Anatomy of a $10 Million Day

Chris Camillo made roughly $10 million in a single day on an Amazon earnings trade in late 2024. The trade came at the end of a brutal month where his portfolio had drawn down nearly 40% — one of the worst stretches of his 18-year investing career. He had been forced to liquidate millions of dollars of other positions just to fund the options trade, and many of his weekly options had already expired worthless days earlier. "It was the hardest thing in the world to do, and I forced myself to do it because it was the right thing to do," he says. "Making money like that after you lost money feels much better than just making the money."

The Psychology of High-Conviction Betting

Camillo manages what he calls an "ultra-high-risk, ultra-high-reward account" with a specific objective: grow it into a billion dollars for philanthropic goals. He emphasizes that this is not his retirement account, not his children's college fund, and not money he needs to live on. His houses are paid off, and his cash-flow businesses cover his lifestyle. The brokerage account exists solely for aggressive growth through concentrated, levered bets on high-conviction trades.

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What you'll learn

  • 1 Timestamped Outline
  • 2 (00:26) **Chris Camillo's $10 Million Amazon Day** - How he made ~$10M in a single day after a brutal drawdown
  • 3 (04:44) **The Psychology of a 40% Drawdown** - Why he almost threw up, then bought more
  • 4 (06:44) **Defending Concentrated Risk** - Why "ultra high risk, ultra high reward" is his account objective
  • 5 (09:50) **The Amazon Trade Thesis** - 80% confidence on a binary earnings event
  • 6 (15:38) **Making $10M in a Day** - The feeling of recovering from a drawdown
  • 7 (18:41) **Investing vs. Gambling** - Why he hates the analogy

+ Full timestamped outline available in the app

Guests on this episode

Chris Camillo

Show Notes

Northwest Registered Agent: Start Your LLC Today at https://www.northwestregisteredagent.com/ich Monarch: Use code ICEDCOFFEE at https://monarch.com to get your first year of Monarch Core half off at just $50! Ethos: Get Your FREE Life Insurance Quote at https://ethos.com/icedcoffee Shopify: Stop waiting for permission to build something. Your next revenue stream starts free at https://shopify.com/ich Follow  @DumbMoneyLive  Here! Chris Camillo Twitter: https://x.com/ChrisCamillo *𝗖𝗢𝗡𝗡𝗘𝗖𝗧 𝗪𝗜𝗧𝗛 𝗨𝗦* 𝗜𝗚: https://www.instagram.com/icedcoffeehour 𝗝𝗔𝗖𝗞: https://www.instagram.com/jlsselby 𝗚𝗥𝗔𝗛𝗔𝗠: https://www.instagram.com/gpstephan 𝗖𝗹𝗶𝗽𝘀 𝗖𝗵𝗮𝗻𝗻𝗲𝗹: https://www.youtube.com/c/TheIcedCoffeeHourClips 𝗫.𝗰𝗼𝗺: https://x.com/TheICHpodcast 𝗧𝗶𝗸𝗧𝗼𝗸: https://www.tiktok.com/@theicedcoffeehour 𝗦𝗽𝗼𝘁𝗶𝗳𝘆: https://open.spotify.com/show/5c2uoXBQkOjIiCOf60jJj7 𝗔𝗽𝗽𝗹𝗲: https://podcasts.apple.com/us/podcast/the-iced-coffee-hour/id1515070058 Timestamps: 00:00:00 - Intro 00:01:09 - 40% Drawdown, and Leopold Margin Call 00:09:24 - The Amazon Thesis 00:15:09 - Making $10 Million in a Single Day 00:16:16 - Sponsor: Northwest Registered Agent 00:17:20 - Investing vs Gambling 00:21:14 - Critics and Copycat Trading 00:28:06 - The Capex Panic 00:31:49 - Concentration Risk, OpenAI, and "Too Big to Fail" 00:34:38 - Sponsors: Monarch & Ethos 00:37:20 - Manipulation, Citadel, and Who Really Broke Leopold 00:41:45 - Why You SHOULD NOT Listen To Chris 00:45:46 - The $20K to $80 Million Trade 00:51:00 - Can Anyone Consistently Beat the Market? 00:54:19 - Sponsor: Shopify 00:55:24 - Leopold Aschenbrenner As An Investor 00:59:43 - Leverage in the Market and the Attention Trade 01:05:23 - The BEST Trade Every 5-10 Years 01:12:22 - Everyone Is Wrong About AI 01:16:05 - The Coffee Cup Theory: Distribution Moats Win 01:22:28 - SpaceX at $1.6 Trillion, and Never Loving a Stock 01:31:26 - Where to Find Asymmetry In The Stock Market 01:37:10 - If Intelligence Is Free, Which Skills Become Valuable? 01:43:55 - Is This 2001 Again? 01:54:19 - Twitter Distractions and What He Got Wrong on Sweetgreen 02:00:00 - Content Creation and In-Person Communities 02:08:06 - College, Networks, and Why Relationships Are AI-Proof 02:14:28 - The Amazon Trade Isn't Over For sponsorships or business inquiries reach out to: [email protected] Apply for The Index Membership: https://entertheindex.com/ For Podcast Inquiries, please DM @icedcoffeehour on Instagram! *Some of the links and other products that appear on this video are from companies which Graham Stephan & Jack Selby will earn an affiliate commission or referral bonus. Graham Stephan & Jack Selby are part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

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