Each year, I make one friend and one investment. If I am fortunate, they are one and the same.
My process is careful and considered, with most of my time spent on markets or individuals where I have asymmetric convictions and relations. Diversification has been a distraction to my returns so honing in on one truly great insight every year is the mandate.
I’ve generated outsized returns (above top decile) consistently for over a decade. The returns have manifested in many different ways now; from angel checks into founder led companies, loading up into late stage VC rounds, acquisitions/turnarounds, high margin, low margin, etc…you get the picture.
Exceptional opportunities deserve exceptions.
Become LP