What is the investment case for #alternative asset investing in a nutshell?

Here are some of the key considerations in this thread 👇

1. For many decades, the conventional wisdom around #investing has comprised a roughly 60%/40% portfolio of equities and bonds 2. However, the world currently finds itself in a tough position - #equity valuations have run incredibly hard for a long time, but at the same time #investors will have a hard time recycling from equity into debt due to historically low interest rates

Listened to the @investlikebest podcast today with @roelofbotha from @sequoia. What an insightful chat - I found the clarity of Roelof’s thinking and simplicity of answers especially good.

Here are the 12 key points I pulled out around #VentureCapital and #business. A THREAD 👇 1. “Our principle customer is the founder, and our secondary customer are the LPs”