E11: Neil Datta, The Forbes Family Trust's Approach to VC | Is there Alpha in Due Diligence?

Key Points

• The best way to raise funds is often to create a sense of scarcity and exclusivity, which can generate a fear of missing out among potential investors.
• Effective due diligence involves not just evaluating the investment strategy but also scrutinizing the operational infrastructure and management practices of the investment firm.
• Diversification is crucial in portfolio construction, but high conviction, concentrated bets in top-performing assets or managers often yield the best returns.