David Weisburd

It kind of sounds funny to think about that thought experience, but there's nothing... Venture has been around for over half a century.

In some permutation of the world, there's a possibility that young Warren Buffett would have gone to venture capital and he'd probably be a third or fourth tier investor.

Maybe he'd be second tier.

Maybe he'd be first quartile.

He certainly wouldn't be Warren Buffett.

And I think...

We have this misnomer that good investors are good investors, where I think good investors have very specific strengths, which oftentimes are very specific weaknesses in another context.

And like finding the manager's genius, I think is such an underrated thing.

And it's only obvious in retrospect.

It's like, of course, Bill Ackman is a great investor.

Yes, but he's very great in this specific domain.

And if you had put him in another domain, he maybe not have wouldn't have been as great and maybe still be top core topic.

He wouldn't be the lack of.

Yeah, that's so interesting.

Key man, so much of this is just framing.

It's so important when I speak to my partner, I'm so cautious not to frame certain things in certain ways.

They just come out of your mouth.

And there's very few actually terms that are neutral.

Key man risk.

Genius.