Ed Diab

Lawyer with $1.65+ billion recovered for public entities affected by wildfires caused by power companies. Tech startup investor/advisor.

[Lakers All Day Everyday @LADEig]

Luka was in his BAG last night vs the Spurs 😳

[Major League Soccer @MLS]

There's a new team on top of the West. 👀

[San Diego FC @sandiegofc]

LETS FREAKING GO SAN DIEGOOOOOO

[Lakers Lead @LakersLead]

Anthony Edwards with straight FACTS

[SportsCenter @SportsCenter]

LAKER LUKA HAS TOUCHED DOWN IN LOS ANGELES 🤩

(via @Lakers)

[Pardon My Take @PardonMyTake]

Rob Pelinka realizing the Mavericks are going to accept the trade for Luka

[Ed Diab @WildfireLawyer]

@MrNegative33 @swish41 @SeanCBass Jokic

[Ed Diab @WildfireLawyer]

Great take

[Chamath Palihapitiya @chamath]

This needs to be fixed or it will end in disaster.

Why?

Average Americans buy S&P 500 index ETFs, in part, because Buffett told them to. They were told they would pay very little and get diversification in the 500 best companies on earth to ride out storms.

But as concentrations rise in a very small percentage of those stocks, the risks don’t fall. They rise. If the indices don’t cap the max percentage of any one stock, you essentially are holding a direct bet on that ONE company. In this case, see that when you buy an index of 500 companies, you’re really buying 10 companies with 490 others thrown in.

If there is any market volatility, the lack of diversification could cause massive impairment.

That’s ok if you’re a “professional” and that’s what you are betting on but most ETF buyers aren’t professional stock traders and they will be in for a rude awakening if this isn’t addressed.

[Los Angeles Lakers @Lakers]

AUSTIN REAVES

[Ed Diab @WildfireLawyer]

Kinda love that @jj_redick doesn’t immediately call timeout when AD gets hurt. #lakerswin

[Ed Diab @WildfireLawyer]

@hubermanlab @pmarca Super interesting read

[EsquireTek @EsquireTek]

We had a great time last week at @CAALA_org’s Holiday Mixer! 🧡 We loved connecting with our legal community while getting into the holiday spirit. Thank you CAALA for hosting such a fantastic event!

#caala #holidaymixer

[Ed Diab @WildfireLawyer]

Early Christmas present for me! Can’t remember ever having a racket that felt so plush on contact. @WilsonTennis #Blade100

[Ed Diab @WildfireLawyer]

@Apple - wtf?!

What happened to Apple!? Here's why iOS 18.2 is BROKEN! https://t.co/b05whedWKL via @YouTube

[Tennis TV @TennisTV]

Looking back at the Top 10 shots of the 2024 ATP Season 🤯

[Mario Nawfal @MarioNawfal]

JOE ROGAN TO SAM ALTMAN: HEY BRO, I THINK YOU LIKE MONEY

"Look, you don't buy one of those unless you really want to get rich; you want everyone to know how rich you are.

I don't have a $4 million car, I wouldn't drive that; I can't park it anywhere.

If you're not interested in money, you get a Mercedes, a nice S-Class."

Source: @joerogan

[Ed Diab @WildfireLawyer]

You know you dictate text too much when you accidentally leave a voicemail and end it by saying “period.”

[Ed Diab @WildfireLawyer]

Few better than Rob Wood, Esq. on tax law. Some relief for #wildfire survivors in the way of taxes on settlements in wildfire lawsuits.

https://t.co/CCUU4ftq7z

[Marc Randolph @marcrandolph]

When I was in my twenties I worked like a dog: first to arrive, last to leave, regularly working weekends. Not because I had a demanding boss—I just loved what I was doing.

But after several years of this—and some not-so-subtle encouragement from my girlfriend (now wife)—I finally backed off that schedule a little bit. But by that point I had built up many of the skills I’d use for the rest of my career as an entrepreneur.

I learned the techniques that let me get the critical things done while still leaving time to have a life outside of work

[Ed Diab @WildfireLawyer]

One huge benefit of AI is how much it’s driven the cost down for law firms to build their own custom software. We used FullCity Consulting to build out custom software. It was remarkably accessible from a cost standpoint, built on Claris (an Apple company) and is ours. No more per seat, per month BS.