Occasionally I run across some unique investment opportunities that are only open to high net worth individuals due to the Investment Company Act of 1940. Let me know if you'd like me to share these.
Wow. Over 500 responses.
If you filled out the survey, I will be in touch soon.
Note you do NOT need to be in the US. And see the new definitions in the article.
An “Exempt Reporting Advisor” does not need any licenses to manage a fund up to $150-million AUM. Talking with people about said fund is part of managing it.
With this being said, the #1, #2 & #3 question that I've not seen asked is, "What basis was applied to perform an in-depth quantitative RISK analysis to determine this "opportunity's" actual Risk Score over (at least) one complete (prior) market cycle?"
I ask because if Michalis Kapsos’s 2014 paper on the “Mathematical Restatement of Keating and Shadwick’s Omega Ratio” has not been applied as a foundational component of assessing this ‘opportunity’s’ RISK Score, then an objective, accurate method for evaluating the quality of this ‘opportunity’ has not been determined in as comprehensive a manner as is possible today. End of Story.
I haven't looked at the law for several years, but I think you are skirting the edges of legality with this offer unless you register as an investment advisor.
UPDATE: I did look at the law and I think you violate it by your offer. I'll contact the California DFPI and see what they say.
Please tell me more.
Strikes me that the proposition is what America is all about)
In my opinion, the investing climate these days is fragile and highly manipulated by money printing, money laundering, propaganda and corruption. Since the GFC, those in power have printed over $20T with rates held artificially close to zero to keep the Ponzi "markets" propped up. I'm no risk taker, but this fraudulent and corrupt system could easily break down. I would only risk money that you are prepared to lose. If you look at the Shadowstats website which has kept track of various US economic indicators using the original formulas...inflation is actually 13% and unemployment is 25%. Most everything we are told is a lie.
Good luck to you Steve, and to all who have the opportunity and intestinal fortitude to take risks to enhance their wealth. Put it to good use.
Sigh! If only I wasn’t worth less $2M - I could be part of Steve’s 1% club (and not feel so gosh-darned worthless),:
INTENT TO HARM - EVIDENCE OF THE CONSPIRACY TO COMMIT MASS MURDER BY THE US DOD, HHS, PHARMA CARTEL
I am not sure why people are upset with Steve. He describes himself as a high tech serial entrepreneur and philanthropist. And now investor.
That said, standard S&P 500 index funds beat the best hedge funds over a 10-year period with much lower fees. As to standard funds, the system is dynamic and the waters seem choppy, so it is never risk free.
“Hello! I am a Nigerian Prince and...”
Can investment management and trust companies make use of these high net worth investments if the individual's funds under management exceed the minimum?
Leave it to our Government to silence us!
It’s time we stand up and demand a huge change! Fire all of the elected officials and start from scratch!
So this would be like for CEO's of Pfizer, Moderna, J&J?
Is this available to Canadians?
The #1 rule of investing should be asset preservation. I put all my assets into precious metals and numismatic coins around 25 years ago and then strayed from my original plan, big mistake. Giving all you can to the truly needy is the best investment you can make.
I have about 20 eggs in my frig. Not sure if that was worth