Conor McGregor spoke about his return fight on the Tonight Show with Jimmy Fallon
"I'm born for this I'm not born for anything else. Fighting is my bread and butter, it's what lights a fire in my belly. It's the best version of me, I'm happy to be back."
I think it’s time to revisit the accredited investor laws in the US.
Companies are staying private longer, where only accredited investors (aka rich people!) can invest. Retail investors can only come in after IPO, when much of the upside has already been captured.
These rules were created with the best of intentions, to protect regular people from scams - a noble idea. Unfortunately, in practice they've often made it illegal to get richer, unless you're already rich. A regressive tax!
We have to judge policies based on their outcomes, not on their intentions.
These are two possible routes I see:
1) Replace the rule with something merit-based, like a financial literacy test. Pass it and you're accredited. Having a qualification based on competency rather than your bank balance or income seems far more fair.
2) Remove the rule entirely. Let consenting adults assess their own risk. Disclosure requirements stay and fraud enforcement stays to punish bad actors.
📆 𝗧𝗛𝗥𝗢𝗪𝗕𝗔𝗖𝗞: When Roy Keane grew tired of waiting for Wolves captain Paul Ince to lead his team out, he took it as a sign of disrespect.
So he didn't wait around. He walked straight onto the pitch and the entire Manchester United team followed.