Chris Stark

Thought this was an interesting chart showing the investor share. Peak in 2022 at 20%, right when interest rates were about to ramp up. I'm surprised by the recent Small Investor share, big things bought too much and puked out deals that with only enough meat/risk profile for small investors?

Good night from up north. Hope you are all warm with family as we end the year!

One day I'll start hunting for more old books. But I like the ones I do have.

GM all!

I'm waiting for @HODL to do today's vlog as Ben Franklin reading The White Waper Introduction. Happy White Paper Day everyone!

I have a theory that retirement accounts are a huge harm to local communities because it traps investment wealth in public markets for decades rather than letting people who have wealth to otherwise invest in real estate and businesses locally with immediate tax benefits to improve their community.

GM! At a different park than usual with the kids and there are people on broomsticks running around playing a surprisingly competitive game of quidditch in the athletic field.

GM! It's fires in the morning season!

Putting this out into the universe because as a real estate guy you realize there are more opportunities out there than people to compete with and cities need entrepreneurs doing this work so it’s win-win for all of us. Disclaimer: This is a thought exercise that in no way constitutes financial or tax advice. Thesis: Bitcoiners care about their local community and want to improve it in a way that doesn’t jeopardize their stack. Some may find that for other reasons they need to sell a portion of their stack and recognize capital gains. In the US, there is a tax structure for individuals to take capital gains and push them into physical real estate located within Opportunity Zones. In many communities, the downtown area is within an opportunity zone. By holding assets in the Fund for 10 years the individuals can recognize the step-up on a basis and sell the properties with a dramatically diminished tax liability.

I love this time of year when the morning light plays on the painting. GM all. Work on building up your community wherever you are today.