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Posts by Ricky Nave

link to SEC New Private Fund Rules Explained

SEC New Private Fund Rules Explained

According to the Federal Reserve, U.S. commercial banks held $22.8 trillion of assets in August 2023. At the same time, private funds (private equity funds, hedge funds, etc) managed by SEC...

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link to How Much Wealth is There in the U.S. in 2023?

How Much Wealth is There in the U.S. in 2023?

The total wealth owned by all U.S. households and nonprofits in the U.S. is valued at $149 trillion according to the Federal Reserve as of March 2023. We don't include the wealth owned by...

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link to The 10 States with the Most Expensive Farmland

The 10 States with the Most Expensive Farmland

The USDA tracks the average value of U.S. farmland per acre in each state. This value includes both the property of the land itself as well as any buildings and other agricultural structures on the...

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link to How Big is the U.S. Housing Market?

How Big is the U.S. Housing Market?

How big is the U.S. residential real estate market? The estimated total value of all U.S. housing as of July 2023 is $48 trillion. Here's a brief explanation of how I calculated that: I...

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link to Do You Need a License to Sell Microgreens in Florida?

Do You Need a License to Sell Microgreens in Florida?

Under Florida law, if your microgreens business qualifies as a "food establishment", then you must obtain a food establishment permit from the Florida Department of Agriculture and Consumer Services...

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link to How to Cut Costs as a Small Business Owner

How to Cut Costs as a Small Business Owner

Effective cost cutting can be the difference between staying in business and going bankrupt. So, where do you start? You should NOT start by cutting advertising or marketing expenses if your...

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About the Author

In college, Ricky studied physics & math, won a prestigious research competition hosted by Oak Ridge National Laboratory, started several small businesses including an energy chewing gum business and a computer repair business, and graduated with a thesis in algebraic topology. After graduating, Ricky attended grad school at Duke University in the mathematics PhD program where he worked on quantum algorithms & non-Euclidean geometry models for flexible proteins. He also worked in cybersecurity at Los Alamos during this time before eventually dropping out of grad school to join a startup working on formal semantic modeling for legal documents. Finally, he left that startup to start his own in the finance & crypto space. Now, he helps entrepreneurs pay less capital gains tax.

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