Investing ideas turned on small things: capital, relationships, language, strength.
I keep a folder of my investment theses in obsidian, and with the help of ChatGPT I have structure them into templates that provide a repeatable framework. This thesis is my first because I started a company in this space,…
The FOMO investors must have for unicorns must be excruciating. Missing a deal at seed that scales up to a unicorn would keep me up at nights. Pyschologically, it probably hurts more than having a winner. Yes, you played the…
I think people who understand compounding act in fundamentally different ways than those who don’t. A person with a foundational grasp of compounding would resemble a venture capitalist. They would probably wear a Patagonia vest, live in California, and like…
Any VC or PE investor will know the J-Curve well. It is a representation of a fund’s returns, first swooping down to the right into negative before lifting up into positive returns. Why does it go negative? Fees At the…
Coller Capital published an IRR card that I used to carry around in my wallet during my first 5 years out of University. It was a business-card sized piece of paper, on one side was a compound interest quick calculator,…
I remember my first stock market investment, in 1999 after I had moved to the United States from Zimbabwe. My math teacher gave us an assignement to pick out a stock. This was during the heady dotcom boom, and I…
I don’t think there is an investor who has had a larger impact on me than Charlie Munger. When I first moved to Africa I bought The Poor Charlies Almanack, a large coffee table book, and kept it with me…
I am optimistic about crypto. Since 2017, when I started dollar averaging into BTC and ETH, I’ve evangelized to my family about how I think crypto will change the world. There have been many detractors and supporters, and over the…
Today I read that people come to Berlin to discover their passion and whether they can make a career out of it. I thought that had a nice blend of romanticism and capitalism to it. We all want to make…
Like pretty much everyone else, I was caught up in the Bitcoin speculative bubble of late last year. During the frothy times, I entertained ideas of grandeur, where I would run a bitcoin hedgefund in Cape Town with my friends…