Mike Artz

Lived, not labeled.

[Mike Artz @mikeartz]

@scottmelker 1.9025 years

[Mike Artz @mikeartz]

@Z06Z07 Defaulting on student loans is outlawed, has been for a decade.

[Mike Artz @mikeartz]

@IIICapital @TimKotzman $SATA is having over 50 million in volume today. It can be maintained over the course of the month and over$100 this is going to the moon

[Mike Artz @mikeartz]

@scottmelker … anything to stop the Clairty act (basically)

[Mike Artz @mikeartz]

@longgamma 🫶

[Arshia Sarkhani @Arshia]

The @Strive Marketing Team.

[Mike Artz @mikeartz]

@TeslaBoomerMama @farzyness Why did @farzyness repost this? I thought he hated @nerdalert

[Mike Artz @mikeartz]

@nerdalert @amy787 Been out of the Tesla space for a few years… just seeing these post, yikes. Full Ross lol, that’s harsh

[Mike Artz @mikeartz]

@SwervoRealFr @PunterJeff @BritishHodl I think so 🚀

[Mike Artz @mikeartz]

@SwervoRealFr @PunterJeff @BritishHodl We will see, you’ll know when $SATA has a higher Sharpe Ratio than $STRC

[Mike Artz @mikeartz]

@PunterJeff @BritishHodl It’s a mathematically better product -IF- it take the volatility out of $SATA

Which it probably will.

[Mike Artz @mikeartz]

@TheBTCTherapist Yes, he needs to be able to buy 1.1 billion per day, everyday or it doesn’t really move the price

[Jeff Walton @PunterJeff]

👀

[Mike Artz @mikeartz]

@LizardWizardBTC They’re kinda daily divds… (monthly divd)/(business days in the month)

I imagine there will still be some arbitrage during trading hours and over the weekend as the “rate” will be mathematically less than the weekdays days.

[Mike Artz @mikeartz]

@sandeepstarmd @Strive 10 million dollars retired doesn’t seem like that big of a deal to me relative to their balance sheet… maybe you’re right tho

[Mike Artz @mikeartz]

@Investanswers @saylordocs What bout people on SS?

[Mike Artz @mikeartz]

@Strive

[Mike Artz @mikeartz]

@BTCBreadMan Will have to cover before ex divd date

[Mike Artz @mikeartz]

@janowitz @BTCBreadMan Aren’t they investing? Do you think bitcoin is never going to go up?

[TFTC @TFTC21]

Jeff Walton: "Is an insurance company a Ponzi scheme?"

Coffeezilla: "No. They have business activities that are providing cash flow. They're taking on risk."

Walton: "Insurance companies have capital and they're taking on risk to pay liability into the future. Almost 100% of the claims that get paid out on insurance company balance sheets is from premiums that they're collecting in the door. So under your definition, you would call an insurance company a Ponzi scheme."

Coffeezilla: "No, no. They have real profits. They have real cash flows."

Walton: "The profits are the assets that are protected on their balance sheet."

Coffeezilla: "People are paying for products."

Walton: "What's the product?"

[Mike Artz @mikeartz]

I brought this up because I think the heavy selling near ex divd is a cause of excess volatility and makes $SATA less money market like.

What customers do you want?
1) buy and hold only
2) buy and sell around divds

You may be able to reduce number 2 significantly with very clear strategy and signaling and without the need for daily divds.

[Mike Artz @mikeartz]

@PunterJeff @IIICapital

Getting all volatility out of $SATA is likely impossible due to sell off after ex divd date.

If you managed the accrual of the divd over the course of the month through you selling it could be very beneficial for a bunch of reasons.

The idea:
1) don’t sell below par (ever)
2) don’t sell below accrued divd
Example1 : on ex divd date don’t sell below 101.08
Example2 : half way to ex divd date don’t sell below 100.54
3) publish your accrued divd every 15 secs

The thought is that this will give a steady hand to the market, it will increase the probability of daily $SATA sales.

You could create a new $SATA KPI as well that is volatility relative to the accrual.