keccers
@keccers.eth
Unpopular opinion: this is not a problem worth addressing You think “oh waaah Joe Schmoe is deprived the ability to be the next Fred Wilson!!!” as if they would have his deal flow Removing accreditation will just fast track Joe Schmo to bankruptcy https://x.com/saraledterman/status/1497745438241296384
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Joe Toledano
@joetoledano
Idk, imo retail investors shouldn't be locked out of (legit) high-quality investment opportunities by the government. If a firm/fund wants a minimum check size to simplify operations, that's a different story. The risk argument is silly to me if short dated out of the money options are already fair game.
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keccers
@keccers.eth
I just don’t think retail will ever get access to legit high quality opportunities. By default if they are coming to you it’s bad. That could be judgy and wrong tho. I would be in favor of expanding access through diff means. Like why can’t 401ks access PE and venture like pensions do?
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miguelito
@mc
They could but it would likely require a restructuring of 401ks Chile, Mexico, etc. have implemented defined contribution systems that enable allocations to alts, but the structure is one that entails professional allocators within pooled funds, rather than individual discretion
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