socratez

TradFi meets DeFi. lurker.

[socratez @beardedbuffalos]

@AutismCapital Political Rorschach test. People will simply see what they want to see.

[socratez @beardedbuffalos]

@theallinpod @friedberg The best example of this issue is the Michael Dell donation.

Gave away like 4-5% of his net worth. All you heard were complaints about how it didn’t do enough.

These figures are drops in the bucket to our actual fiscal problems.

[socratez @beardedbuffalos]

@bryan_johnson https://t.co/4WIbGE6id4

[socratez @beardedbuffalos]

@kevinjm @thesamparr I’m fine with the wealth that Bezos created and he can and should enjoy it. But if we believe in meritocracy - why should his kids become multi billionaires? Isn’t this a corporate neo-monarchy? Retaining wealth and power in families when the kids did nothing to earn it?

[socratez @beardedbuffalos]

@NotFrankke @thesamparr @_svs_ @michuk Exactly.

I do not, the owner died. This is how our system should work. If you die with a biz worth 50MM, do you not owe estate taxes on that and potentially have to sell the business? Isn’t that the whole industry of buy-sell agmts? You owe tax on an illiquid asset?

[socratez @beardedbuffalos]

@thesamparr @_svs_ @michuk Inheritance/death taxes. Striving to reduce the gamification of our tax code by the uber wealthy.

Also cutting out the collatoralization of the piece letting you borrow against it while never paying taxes on that which could or should be sold for liquidity.

[socratez @beardedbuffalos]

@APompliano @investazoria Grifter.

[socratez @beardedbuffalos]

Fly along with me / I can't quite make it alone / try to make this life my own

@cemhah

[socratez @beardedbuffalos]

@dotkrueger Parable of the Mexican Fisherman.

[socratez @beardedbuffalos]

@Cooopahtroopa What does this mean?

A song is tokenized. It’s popular and successful with significant radio play, streams etc.

What do token holders receive of value? Other than meme potential, why would the songcoin appreciate?

[socratez @beardedbuffalos]

@NaithanJones @APompliano

[socratez @beardedbuffalos]

@JoanieLemercier Carbon / emissions offsets?

[socratez @beardedbuffalos]

@MBajc23 @markcecchini https://t.co/tJyTYMOlJX

Lack of IPOs and lot of unprofitable companies making up current small cap ecosystem. Mid cap space is reasonable. What data has you excited about the small cap universe?

[socratez @beardedbuffalos]

@markcecchini Then what other asset classes do you prefer in a portfolio?

[socratez @beardedbuffalos]

@SahilBloom I am he as you are he and you are me and we are all together.

[socratez @beardedbuffalos]

@bryanhasling @markcecchini @matt_gottshall Why? I’m telling people it’s free and they can probably do it themselves. I’m not here to shill

[socratez @beardedbuffalos]

@bryanhasling @markcecchini And it will continue to.

Diversified 5 ETF portfolio meets or exceeds most advisors inv perf

LLM that can answer majority of client questions

Clients charged for more than a few hours of advisory work are probably overpaying.

[socratez @beardedbuffalos]

@bryanhasling @markcecchini @matt_gottshall https://t.co/ObBVZdyDuP

I did

[socratez @beardedbuffalos]

@matt_gottshall @markcecchini If you input all of the variables and data collection Mark laid out, and simply ask it how successful will my retirement be - you get some pretty great output with very similar takeaways. Explanatory breakdowns. No human touch but it’s very useful.