A trio of researchers at Texas Tech University have documented what many inside the world of alternative investments might have already knew based on anecdotal experience: just because someone has the financial wherewithal to be considered an “accredited investor” does not mean they understand alternative investments. Study shows younger people with no more than a high school education know more about investing than 80 year old accredited investors In studying accredited investors over the age of 80 – those with $200,000 annual income/$300,000 for a couple, or a net worth of over $1 million excluding primary residence – researchers documented…
Elderly "Accredited Investors" Less Sophisticated Than Those With Only High School Education
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.