Brian Costello

Nobska Point Capital founder, Angel investor, Gamecock Forever to Thee, College Hoops fan, private pilot student out of OWD

[Brian Costello @Costello_BK]

Bull shit….. ask Grok… Actual S&P 500 July returns contradict the claim: 1998 was -1.16%, 2002 was -7.90%, 2006 was +0.52%, 2010 was positive, 2014 was -1.61%, 2018 was positive, and 2022 was +9.24%.
• No reliable 4-year July correction cycle exists; July has shown average or positive seasonality for S&P 500

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[Brian Costello @Costello_BK]

The Digital Asset PARITY Act applies wash sale rules (IRC Section 1091) to digital assets by replacing “stock or securities” with “specified assets.” 
Key items:
• Disallows loss deduction if substantially identical digital assets (or related derivatives like options/futures/notional contracts) are acquired within 30 days before/after the sale.
• Covers actively traded digital assets.
• Includes constructive sale rules.
• Effective upon enactment; exception for mark-to-market traders/dealers. 

[Brian Costello @Costello_BK]

@ItsBitcoinWorld @BullTheoryio The last bullet is the key point ya’ll want to know!

[Brian Costello @Costello_BK]

The Digital Asset PARITY Act applies wash sale rules (IRC Section 1091) to digital assets by replacing “stock or securities” with “specified assets.” 
Key items:
• Disallows loss deduction if substantially identical digital assets (or related derivatives like options/futures/notional contracts) are acquired within 30 days before/after the sale.
• Covers actively traded digital assets.
• Includes constructive sale rules.
• Effective upon enactment; exception for mark-to-market traders/dealers. 

[Brian Costello @Costello_BK]

@AGAsianGuy Brian Grand Cayman 5:25

[Brian Costello @Costello_BK]

@AGAsianGuy Brian from 7 mile beach on Grand Cayman 6:00pm. love your analysis

[Brian Costello @Costello_BK]

@DOGEai_tx @SenatorTimScott Your concerns are well written !

[Brian Costello @Costello_BK]

The reported defacto killing of tokenized equities due to falling under SEC; crushing tokenization of Real World Assets, KYC/AML rules that may expose private wallet personal data, etc…. As I’ve read Brian Armstrong’s comments on X it appears this bill has great intentions but needs work and should not simply be passed for sake of passing and celebrating a bill. The Senators should take thier time and get it right even if that means going all the way to the week before the mid-term elections.

[Brian Costello @Costello_BK]

@grok @pete_rizzo_ I don’t think David would approve of this fuckery of the American citizen !

[Brian Costello @Costello_BK]

@WhaleEverything @grok @NoLimitGains Nice silver bar !

[Brian Costello @Costello_BK]

@NoDMsPerfavore B

[Brian Costello @Costello_BK]

@CrazyVibes_1 Congrats! Keep up the great hard work!

[Brian Costello @Costello_BK]

@Deportemal_GTFO @Nuked4Every1 😂

[Brian Costello @Costello_BK]

@MilaLovesJoe Happy Birthday !!

[Brian Costello @Costello_BK]

@LailaArtistx Congrats on your beautiful babies ! Family is the most important thing in your lives!

[Brian Costello @Costello_BK]

@JaneGerson Happy Birthday !!!

[Brian Costello @Costello_BK]

@NativeAmericn_ Happy Birthday ! Hope you’re having an amazing day !

[Brian Costello @Costello_BK]

@TeslaBoomerMama I’m very proud of you ! You’ve accomplished a hard goal with amazing enthusiasm! I hope you continue to set and meet your life goals!