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Happy Friday and welcome to another week of the digest!
Got a lot of positive feedback on this weekâs tax article, so hereâs a meme to help you smile on Friday!
These weekly posts are free and I hope youâll consider sharing them as a way to say thank you.
If you donât understand something, donât invest
There are many ways to interpret âwe arenât doing capital callsâ and not all of them are good - stay skeptical
Funny but true - donât be âthe yieldâ
Being a steward of capital takes a lot of work, and itâs not for everybody thatâs currently doing it (or presenting to you)
Warren Buffett on real estate investments - âhere too, the analysis was simpleâ
Be mindful of overstated backgrounds/AUMs/records
Be mindful of who youâre taking a course from
Thank you for reading! I genuinely hope you found this helpful - the best way to say thank you is to spread the word.
I advise LPs on existing and potential positions and write articles here weekly on what I see in the marketplace that could help you invest better. You can find me on LinkedIn or Twitter.
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Limited Partners:
Potential positions - youâre considering investing and need an independent opinion
Existing positions - thereâs a lack of communication, youâre concerned about fraud, or perhaps you got a capital call request and youâre not sure how to proceed. I have also helped LPs with a âpost-mortemâ analysis on deals that didnât work out - itâs important to learn these lessons as opposed to just blaming the GP.
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Find GPs in unique asset classes/geographies on my monthly intro post (see LinkedInâs post as well for more)
General Partners:
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Other - anything from waterfall/fee advisory to disagreements between co-GPs on the proper path given a set of circumstances
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