Over the last few years there has been an ongoing dialogue amongst pension funds on whether or not actively managed funds are better than passively managed funds. This has been an ongoing topic in the pension world for several years now. Having observed and participated in these conversations I have noticed there are usually two sides … More Mutual Funds, Index Funds, or VC Funds?
I was in the middle of reviewing some of our VC investment managers and I started to think about the difficulty VC managers have in finding and selecting good companies to invest in. Having worked with individual companies before, I can attest it is an extremely difficult task. Entrepreneurs have tough jobs too. For first-time … More Picking Winners is Hard
In the last week and a half, I have been on four separate airplanes and in three different airports. One of the things I tend to notice more when I’m traveling is how people behave when they’re in large groups. When you observe a large group of people, say, walking through an airport terminal, you … More What I Learned From People-Watching