We have all kinds of Hallmark holidays in America but no tribute to Traders, Entrepreneurs and Angel Investors.
In fact, as usual, the government has it very wrong these days.
They want to make it tougher for accredited investors to invest. Fred explains it in his post .
There is a trader tax that is just mindless . I am all for a leverage tax and asshat banker tax, but traders just trade what they see.
I have been starting companies since high school. I have been telling people that Stocktwits and Social Leverage are my last, but I imagine that’s unlikely. I have been trading for 20 years and although I do it less and less, I will never stop. The breadth of vehicles and markets to trade are a tribute to the importance of the trading business. Traders are a fundamental necessity to build markets. Every trade is a valuable leasson for both sides of the trade. Angel investors are an invaluable source of capital for entrrepreneurs and the whole American way of life. I will be an angel investor until I die. Everyone of my start-ups has been angel backed. The three groups of people collide/collaborate more than any other that I have witnessed.
I propose January 4th of 2010 to be Trader, Entrepreneur and Angel day. It will be a day where traders, founders and angel investors recognize the talented and hard working people around them and get some recognition themselves. We won’t take a day off because we hate too, but I assume once the banks get hold of the news, they will shut down for the day. In fact, kick a banker will be a part of our holiday as well.
Who’s with me?