If we are to have meaningful conversations then at least use facts and do a little bit of research first:
no one pays 50% tax
Sophisticated Investor is certified as having $2.5m and/or two years income above $250k (certified by accountant) who is considered to have a depth of experience and market knowledge that makes them capable of assessing riskeligible for certain benefits and opportunities.
Comparing SAU to Northern Star ........... seriously