Daniel Ryan

Taxes & Factor Investing. View are my own. NOT financial advice

[Daniel Ryan @DanielRyanWM]

@TheStalwart @conorsen I wonder if we’ll move to a system where engineer total comp is higher, but you have to deduct token costs from your comp

[Daniel Ryan @DanielRyanWM]

@EconomPic @syouth1 Yeah, that’s the thought. Don’t see how they win the series down 0-2 without him being the best player

[Daniel Ryan @DanielRyanWM]

@EconomPic @awealthofcs It was so dumb and lazy

[Daniel Ryan @DanielRyanWM]

@EconomPic @syouth1 I’m betting that it will…literally

[Daniel Ryan @DanielRyanWM]

@EconomPic @syouth1 Yeah he did by clamping his arm so castle couldn’t get around him

[Daniel Ryan @DanielRyanWM]

@syouth1 @EconomPic Didn’t like the first one. I thought the second one was the right call

[Daniel Ryan @DanielRyanWM]

@syouth1 @EconomPic This is 100% true re the spurs but KAT is also finals MVP so far

[Daniel Ryan @DanielRyanWM]

@HML_Compounder 👋

[Daniel Ryan @DanielRyanWM]

@mattkalish @haralabob @edward_yu_var Dude at a 3.5%, your break-even rate win rate is 51.75%, while at -110 vig it’s
52.38%

[0xDinosaur @0xDinoCrypto]

I have officially filed an FBI IC3 complaint regarding Polymarket’s handling of the “MicroStrategy sells any Bitcoin by May 31, 2026?” market.

Submission ID: 1d37377ddf04f2d91c7a19aa3e8517d

The written rule did not require public disclosure before May 31. It only asked whether Strategy sold any Bitcoin by the deadline.

Adding a new disclosure requirement after users traded is not fair market resolution. Prediction markets cannot work if rules are rewritten after the fact.

I will continue pursuing every available regulatory and legal channel until this is properly reviewed.

[Martin Shkreli @MartinShkreli]

this is why prediction markets are worthless
truth is up to some arbiter, who also has a conflict of interest

[Daniel Ryan @DanielRyanWM]

@EconomPic This is a good one

[Daniel Ryan @DanielRyanWM]

@AdviserCounsel let’s say this turns out horribly & is a large drag on index returns. Would 401(k) plans have any potential fiduciary liability over SP500 investment options?

[Hedgeye @Hedgeye]

Rule changes for the SpaceX $SPCX IPO:

Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5.

This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations.

Bloomberg Intelligence estimates S&P 500 funds must absorb 19% of SpaceX's float within 6 months.

Russell 1000 and Nasdaq 100 funds will absorb 24%.

The rules built to protect passive investors:

1. S&P 500 has required 12 months of trading and 4 quarters of GAAP profitability since 2002. Both waived.

2. Nasdaq cut its inclusion window from 90 trading days to 15.

3. FTSE Russell cut its to 5.

All three benchmarks are now structured to buy SpaceX at IPO pricing.

[Daniel Ryan @DanielRyanWM]

Tremendous chart here

[Meb Faber @MebFaber]

"Winning over time doesn’t mean winning all the time."

Easy to understand, hard for investors to accept when they're in it...

via @virtus

[Daniel Ryan @DanielRyanWM]

@ReichelRadio Got it! I was trying to figure out if you were serious about the stake dinner after being up 0.03% lol

Appreciate your show/insights!

[Daniel Ryan @DanielRyanWM]

As someone who’s Christmas present since 5th grade was league pass, the league ruined the game a long time ago

Everything from the bs gather step, to rewarding throwing the ball up upon the slightest contact, to restricting defenders ability to contest jump shots, etc.

OKC’s flopping is excessive but it’s not that much worse than the rest of the league & I’ll take what they do over what harden did everyday

What I appreciate about the thunder is that they actually play hard all 82 games, don’t take rest days. I honestly think the league would be a better product if teams were more like them

[Daniel Ryan @DanielRyanWM]

@cullenroche @kkmaway I think of direct asset-liability matching when I hear LDI (i.e. build a TIPs ladder)

Whereas MC simulations based on your goals + portfolio seem more total return based, but you can argue that’s a form of LDI bc you’re taking the timing & amount of liabilities into account

[Daniel Ryan @DanielRyanWM]

@cullenroche @kkmaway Advisors mean different things when they say LDI…hell even when they say alpha. I think that’s part of the confusion