On December 18, 2019, nearly 4 years after the House passed the Fair Investment Opportunities for Professional Experts Act (H.R. 2187) with overwhelming bipartisan support (347 to 8), three of the five SEC commissioners voted to publish a proposal to broaden the accredited investor definition – giving more individuals the ability to strengthen their investment […]
One day — in the not too distant future — crypto will completely displace equities as an asset class. Yes, you read that correctly. Our beloved equities will soon join the club of obsoletion where the phone booth, the Walkman, the floppy disk, the Fotomat, the VCR, the fax machine, and many others reminisce about their youth while watching […]
On November 19, 2013, I penned an article on how Dropbox’s capitalization is symbolic of how unjust America’s capital markets have become. At the time, Dropbox was raising a $250M private round of financing at an $8B valuation – approximately 68 times 2012 revenues. Retail investors, of course, were not invited to the party. In […]
Developed in 1952 by Harry Markowitz, the Modern Portfolio Theory (MPT) is premised on the notion that portfolio returns can be maximized by spreading risk across many different investments. With an estimated $7 trillion in institutional assets currently invested in accordance with the methodologies of MPT, it continues to be one of the most important […]
Brexit will have monumental implications on global finance. One of the unintended consequences will be a boost for Crowdfinance, P2P investing and Locavesting. This article highlights where the money will be made in a post-Brexit world.