Why Accredited Investor Requirements Don't Measure Financial Sophistication

With all of the excitement about the JOBS Act and the legalization of selling equity in private companies to unaccredited investors, I have to ask the question: Does qualifying to be an accredited investor really qualify someone to make better investment decisions than someone that is not?

Keeping Your Head This Holiday Season

Last Friday morning as I sat in the breakfast lounge of a hotel with my family, CNN reported this year’s “Black Friday” riotous activities.   They had a clinical psychologist offering some valuable tips to help us rational people avoid the pitfalls that befall the irrationa