Dave Nadig
@davenadig.bsky.social
Financial Futurist, Music Nerd. New content at Nadig.com. And playlists. And hot ETF takes. And Nerdery. And Woo.
Pinned
Dave Nadig
@davenadig.bsky.social
· Dec 5
Why Your Leveraged $MSTR ETF is Sloppy
They're unpredictable, expensive and messy, but other than that ...
davenadig.substack.com
Why your $MSTU/$MSTX/$MSTZ leveraged MicroStrategy ETF is sloppy, will stay sloppy, and you should probably avoid it. davenadig.substack.com/p/why-your-l...
Clockwork. I may not know, well, really anything. But I get ETF and Passive flow effects pretty well usually. (Easy call from the cheap seats, I sucked at actually running money. Badly.)
If in fact this is the day the ETF holders of Bitcoin decided to sell, then that's been transmitted into the market by now through redemption orders. Which means I would expect BTC to rally overnight into tomorrows open. Let's see if I'm right!
February 6, 2026 at 2:23 PM
Clockwork. I may not know, well, really anything. But I get ETF and Passive flow effects pretty well usually. (Easy call from the cheap seats, I sucked at actually running money. Badly.)
If in fact this is the day the ETF holders of Bitcoin decided to sell, then that's been transmitted into the market by now through redemption orders. Which means I would expect BTC to rally overnight into tomorrows open. Let's see if I'm right!
February 5, 2026 at 8:49 PM
If in fact this is the day the ETF holders of Bitcoin decided to sell, then that's been transmitted into the market by now through redemption orders. Which means I would expect BTC to rally overnight into tomorrows open. Let's see if I'm right!
Reposted by Dave Nadig
Sir Ian McKellen performing a monologue from Shakespeare’s Sir Thomas More on the Stephen Colbert show. Never have I heard this monologue performed with such a keen sense of prescience. Nor have I ever been in this exact historical moment.TY Sir Ian, for reaching us once again.
#Pinks #ProudBlue
#Pinks #ProudBlue
February 5, 2026 at 11:50 AM
Sir Ian McKellen performing a monologue from Shakespeare’s Sir Thomas More on the Stephen Colbert show. Never have I heard this monologue performed with such a keen sense of prescience. Nor have I ever been in this exact historical moment.TY Sir Ian, for reaching us once again.
#Pinks #ProudBlue
#Pinks #ProudBlue
I tell you, @theonion.com in print is undefeated.
February 3, 2026 at 11:01 PM
I tell you, @theonion.com in print is undefeated.
OK, new MUST DO THING in April: Go See the Cowboy Bebop/Ghost in the Shell composer Yoko Kanno live: www.polygon.com/cowboy-bebop...
Cowboy Bebop legend Yoko Kanno is headed to U.S. to make some new history
Kanno and SEATBELTS just announced their first North American shows ever
www.polygon.com
February 3, 2026 at 5:37 PM
OK, new MUST DO THING in April: Go See the Cowboy Bebop/Ghost in the Shell composer Yoko Kanno live: www.polygon.com/cowboy-bebop...
Want to REALLY understand what happened with Silver? Check the levered ETFs. Great coverage today by our own Sumit Roy over at @etfcom.bsky.social www.etf.com/sections/fea...
How a Leveraged ETF Amplified Silver’s Historic Selloff
AGQ adding selling pressure during an already violent sell off in silver.
www.etf.com
February 3, 2026 at 3:40 PM
Want to REALLY understand what happened with Silver? Check the levered ETFs. Great coverage today by our own Sumit Roy over at @etfcom.bsky.social www.etf.com/sections/fea...
Still two weeks left to cast your voted. So much innovation in 2025. Help us pick the ETF.com winners!
www.etf.com/etf-awards-2...
www.etf.com/etf-awards-2...
Honored to have $HFGM shortlisted for Best New Alternative ETF. Now it all comes down to the votes. If you've benefitted from our products or just want to support our work, we would appreciate you taking 2min to vote.
www.etf.com/etf-awards-2...
www.etf.com/etf-awards-2...
February 2, 2026 at 8:28 PM
Still two weeks left to cast your voted. So much innovation in 2025. Help us pick the ETF.com winners!
www.etf.com/etf-awards-2...
www.etf.com/etf-awards-2...
Reposted by Dave Nadig
As reported Portfolio Management inflation soars, Vanguard Drops Its Average Fee to Just 0.06% With Latest Cuts @fundstrat Jeremy Schwartz Darth @ericbalchunas
February 2, 2026 at 2:10 PM
As reported Portfolio Management inflation soars, Vanguard Drops Its Average Fee to Just 0.06% With Latest Cuts @fundstrat Jeremy Schwartz Darth @ericbalchunas
Chart crime of the year winner, and it's Feb 1.
February 1, 2026 at 4:31 PM
Chart crime of the year winner, and it's Feb 1.
I know enough to know how little I know, but all of this makes sense to me: We're heading for an infinitely available custom software world, and yet the "H-factor" - Humans is still going to matter. Massive shift in economics for tech though. steve-yegge.medium.com/software-sur...
Software Survival 3.0
I spent a lot of time writing software with AI last year, and I had some pretty good successes, notably Beads and Gas Town. I wrote a whole…
steve-yegge.medium.com
February 1, 2026 at 4:28 AM
I know enough to know how little I know, but all of this makes sense to me: We're heading for an infinitely available custom software world, and yet the "H-factor" - Humans is still going to matter. Massive shift in economics for tech though. steve-yegge.medium.com/software-sur...
I was today old when I learned Win-Ctrl-Shift-B resets just the graphics subsystem on a windows machine. Solved a bunch of weird game/mod/overlay/video issues that crept in lately.
a man in a suit and tie is screaming while wearing a green hard hat .
ALT: a man in a suit and tie is screaming while wearing a green hard hat .
media.tenor.com
January 31, 2026 at 1:58 AM
I was today old when I learned Win-Ctrl-Shift-B resets just the graphics subsystem on a windows machine. Solved a bunch of weird game/mod/overlay/video issues that crept in lately.
Reposted by Dave Nadig
ICE Boasts Zero Murders Committed By 5-Year-Olds Since Child Detainments Began https://theonion.com/ice-boasts-zero-murders-committed-by-5-year-olds-since-child-detainments-began/
January 30, 2026 at 5:32 PM
ICE Boasts Zero Murders Committed By 5-Year-Olds Since Child Detainments Began https://theonion.com/ice-boasts-zero-murders-committed-by-5-year-olds-since-child-detainments-began/
SCTV in the early 1980s defined my sense of humor. Also, as a teen it was clear to me: she was a stone cold fox. Funny women have been my "type" ever since. Luckily I married a hilarious woman who's never taken me seriously.
January 30, 2026 at 6:45 PM
SCTV in the early 1980s defined my sense of humor. Also, as a teen it was clear to me: she was a stone cold fox. Funny women have been my "type" ever since. Luckily I married a hilarious woman who's never taken me seriously.
Fantastic teardown of the pre-IPO-grift complex in SPVs by Jason Zwieg at the Journal. If you're getting promissed "easy & cheap" access to SpaceX or any other hot private company, you're nearly guaranteed to be fleeced. www.wsj.com/finance/inve...
The High Price You Pay to Get on Board Hot Companies Before They Go Public
Investment vehicles promote access to coveted stocks, but the costs and complexity can be shocking.
www.wsj.com
January 30, 2026 at 3:17 PM
Fantastic teardown of the pre-IPO-grift complex in SPVs by Jason Zwieg at the Journal. If you're getting promissed "easy & cheap" access to SpaceX or any other hot private company, you're nearly guaranteed to be fleeced. www.wsj.com/finance/inve...
Reposted by Dave Nadig
The circularity continues…
LAZARD'S ORSZAG nails it on @cnbc.com:
".. The US economy basically does look promising, but it looks promising because of A.I. and high-income consumers -- and the high-income consumers are spending because of the equity effects from A.I."
".. The US economy basically does look promising, but it looks promising because of A.I. and high-income consumers -- and the high-income consumers are spending because of the equity effects from A.I."
January 29, 2026 at 4:45 PM
The circularity continues…
Oh fun! I can do math. 1,100,000=416.7 x ((1+t)^336-1)/r -- so R = .986. So all you need to do is get 1% a month return for 28 years while contributing $416 a month. Or 12.5% a year IRR. Easy! Gosh, it's nearly a guarantee!
January 28, 2026 at 8:49 PM
Oh fun! I can do math. 1,100,000=416.7 x ((1+t)^336-1)/r -- so R = .986. So all you need to do is get 1% a month return for 28 years while contributing $416 a month. Or 12.5% a year IRR. Easy! Gosh, it's nearly a guarantee!
Reposted by Dave Nadig
GEORGE WILL: “.. Minneapolis is today’s Birmingham.
“.. It is infuriating .. that the current national administration, which will not stop banging on about how it is restoring America’s greatness, is incessantly embarrassing ..”
@postopinions.bsky.social
www.washingtonpost.com/opinions/202...
“.. It is infuriating .. that the current national administration, which will not stop banging on about how it is restoring America’s greatness, is incessantly embarrassing ..”
@postopinions.bsky.social
www.washingtonpost.com/opinions/202...
January 28, 2026 at 8:01 PM
GEORGE WILL: “.. Minneapolis is today’s Birmingham.
“.. It is infuriating .. that the current national administration, which will not stop banging on about how it is restoring America’s greatness, is incessantly embarrassing ..”
@postopinions.bsky.social
www.washingtonpost.com/opinions/202...
“.. It is infuriating .. that the current national administration, which will not stop banging on about how it is restoring America’s greatness, is incessantly embarrassing ..”
@postopinions.bsky.social
www.washingtonpost.com/opinions/202...
Reposted by Dave Nadig
“When your ‘bug’ consistently affects anti-Trump content, Epstein references, and anti-ICE videos, you’re looking at either spectacular coincidence or systems that have been designed to flag and suppress specific political content.”
TikTok users “absolutely justified” in fearing MAGA makeover, experts say
TikTok’s tech issues abound as censorship fears drive users to delete app.
arstechnica.com
January 28, 2026 at 6:14 PM
“When your ‘bug’ consistently affects anti-Trump content, Epstein references, and anti-ICE videos, you’re looking at either spectacular coincidence or systems that have been designed to flag and suppress specific political content.”
THINGS WE DID DO:
Built This City
Shot the Sheriff
THINGS WE DIDN’T DO:
Start The Fire
Shoot the Deputy
THINGS WE WANT TO DO:
Break Free
Hold Your Hand
THINGS WE WILL DO:
Rock You
Survive
Anything for Love
THINGS WE WON’T DO:
Get Fooled Again
Back Down
Stop Believin’
That
Built This City
Shot the Sheriff
THINGS WE DIDN’T DO:
Start The Fire
Shoot the Deputy
THINGS WE WANT TO DO:
Break Free
Hold Your Hand
THINGS WE WILL DO:
Rock You
Survive
Anything for Love
THINGS WE WON’T DO:
Get Fooled Again
Back Down
Stop Believin’
That
January 28, 2026 at 4:18 PM
THINGS WE DID DO:
Built This City
Shot the Sheriff
THINGS WE DIDN’T DO:
Start The Fire
Shoot the Deputy
THINGS WE WANT TO DO:
Break Free
Hold Your Hand
THINGS WE WILL DO:
Rock You
Survive
Anything for Love
THINGS WE WON’T DO:
Get Fooled Again
Back Down
Stop Believin’
That
Built This City
Shot the Sheriff
THINGS WE DIDN’T DO:
Start The Fire
Shoot the Deputy
THINGS WE WANT TO DO:
Break Free
Hold Your Hand
THINGS WE WILL DO:
Rock You
Survive
Anything for Love
THINGS WE WON’T DO:
Get Fooled Again
Back Down
Stop Believin’
That
Deep wisdom from my friend Matt Zeigler today: "Just because something won’t get a million views doesn’t mean it’s not worth doing. "
cultishcreative.com/p/break-rule...
cultishcreative.com/p/break-rule...
Break Rules That Don't Serve You: Carly Valancy and Spencer Kier JUST PRESS RECORD
be weird + networking + relentless curiosity
cultishcreative.com
January 28, 2026 at 2:43 PM
Deep wisdom from my friend Matt Zeigler today: "Just because something won’t get a million views doesn’t mean it’s not worth doing. "
cultishcreative.com/p/break-rule...
cultishcreative.com/p/break-rule...
I get in the scheme of things this is utterly irrelevant but: hot new track "Forever Elsewhere" by band Weird Nightmare is... ahem ... RATHER SIMILAR to "Modern Act" by Cloud Nothings. Freaking me out every time it comes on. A: www.youtube.com/watch?v=On4h... B: www.youtube.com/watch?v=rt9N...
Weird Nightmare - Forever Elsewhere (Official Video)
YouTube video by Weird Nightmare
www.youtube.com
January 27, 2026 at 6:49 PM
I get in the scheme of things this is utterly irrelevant but: hot new track "Forever Elsewhere" by band Weird Nightmare is... ahem ... RATHER SIMILAR to "Modern Act" by Cloud Nothings. Freaking me out every time it comes on. A: www.youtube.com/watch?v=On4h... B: www.youtube.com/watch?v=rt9N...
Reposted by Dave Nadig
N=1, but $EEM was a superstar during the previous dollar decline (2002-2008... inclusive of part of the dot-com bust and GFC drop.. so I didnt' cherrypick tops and bottoms) @stockcharts
January 27, 2026 at 1:45 PM
N=1, but $EEM was a superstar during the previous dollar decline (2002-2008... inclusive of part of the dot-com bust and GFC drop.. so I didnt' cherrypick tops and bottoms) @stockcharts
Reposted by Dave Nadig
One of the best things I’ve read in a while:
January 25, 2026 at 10:39 PM
One of the best things I’ve read in a while:
The Onion delivers yet again.
Kristi Noem Calls On Minneapolis Residents To Stop Obstructing Murders https://theonion.com/kristi-noem-calls-on-minneapolis-residents-to-stop-obstructing-murders/
January 26, 2026 at 10:29 PM
The Onion delivers yet again.
Honestly shocking numbers. Like spit-take surely this can't be right numbers.
A stunning decline in job projections:
BLS: "Over the next decade, 3.1%, or 5.3 million, is well below that of the decade leading into 2014, 13%. BLS statisticians expect wage & salary jobs to rise by 3.1%, and by 2.2% among the self-employed."
via Philippa Dunne
www.bls.gov/opub/mlr/202...
BLS: "Over the next decade, 3.1%, or 5.3 million, is well below that of the decade leading into 2014, 13%. BLS statisticians expect wage & salary jobs to rise by 3.1%, and by 2.2% among the self-employed."
via Philippa Dunne
www.bls.gov/opub/mlr/202...
Industry and occupational employment projections overview and highlights, 2024–34 : Monthly Labor Review : U.S. Bureau of Labor Statistics
www.bls.gov
January 26, 2026 at 7:33 PM
Honestly shocking numbers. Like spit-take surely this can't be right numbers.