What Is Venture Capital and How Do VC Returns Work
Venture capital returns follow a power law: a few winners drive most of the gains while most bets fail. A plain explainer of VC, the J-curve, and access.
Venture capital returns follow a power law: a few winners drive most of the gains while most bets fail. A plain explainer of VC, the J-curve, and access.
A hedge fund is a pooled, lightly regulated fund that uses strategies like long/short, macro, and arbitrage. Here are the fees, eligibility rules, and real returns.
How private market secondaries work: LP-led and GP-led deals, pricing to NAV, the record $240B 2025 market, and how individuals access it.
Private equity vs venture capital compared across stage, control, holding period, and return shape, with a clear side-by-side for investors choosing between them.
How Qualified Opportunity Zones defer capital gains, the 10-year exclusion, the holding rules, the risks, and what the 2025 OBBBA made permanent for 2027.
Interval funds are closed-end funds that offer to repurchase a set share of assets at NAV at fixed intervals, usually 5% quarterly. Here is how they work.
A practical guide to the routes individuals use to access private equity: feeder funds, interval funds, BDCs, evergreen funds, secondaries, plus minimums and fees.
How to invest in gold and precious metals: bullion, coins, and ETFs, the inflation and crisis hedge case, costs, the 2024-2025 run, plus silver and platinum.
A fund of funds buys diversification and manager access, but it adds a second fee layer on top of the underlying funds. Here is the math and when it pays off.
How commercial litigation finance works, why its returns are uncorrelated with public markets, the risks, and how individual investors can access it.