Juan Orbea
@juanorbea
A node in a network
Juan Orbea
- A publication isn't content. A publication is the exploration
of an idea. "An investment philosophy on ‘complexity investing’ from NZS Capital"
Investment philosophy on "complexity investing" from NZS Capital, emphasizing the need to embrace extreme events, balance resilience and optionality, and focus on quality, growth, and understanding change in portfolio construction.
by NZS Capital
NZS Capital poses that the economy and the stock market are best studied as complex adaptive systems akin to biology. They emphasize investing in companies that are adaptable, long-term focused, innovative, possess long-duration growth, and maximize non-zero-sum outcomes. The approach involves fewer, larger positions in companies highly adaptive to disruption, high levels of quality, growth, and context, and smaller positions in companies with a wide range of potential outcomes.
Investment Principles.pdf
Investment Principles recollection by some of history’s best investors.
Technology Roadmap
Exploring the potential of neurotechnology and non-invasive stimulation techniques to stabilize lucid dreaming, paving the way for greater control of dream states and expanding human consciousness.
neurotech and
Technology Roadmap of Prophetic AI
I'm excited to share with you a classic Maboussin report that explores the 10 common attributes he has identified great investors share. I find it very funny that the report was published by Credit Suisse a few years ago 🤣. Whether you're new to investing or a Henry Kravis protegé , these attributes can help guide your thinking
... See morefrom Infopunk #3 – Poker Pros, Great Investors and Software Conglomerates by Juan Orbea
A self-confessed nerd with a Bachelor's degree in Astrophysics, Liv Boeree combined her science background and passion for games to become one of the most recognizable faces in professional poker. She was the #1 ranked female player from 2014-2016 and holds both European Poker Tour and World Series of Poker championship titles after winning more t
... See morefrom Infopunk #3 – Poker Pros, Great Investors and Software Conglomerates by Juan Orbea
This podcast features the story of Constellation Software, a software conglomerate which owns more than 500 vertical market software businesses. It was founded by Mark Leonard (who amusingly started his career as a venture capitalist for 11 eleven years) in 1995 and has returned more than 100x to their shareholders since its IPO on the
... See morefrom Infopunk #3 – Poker Pros, Great Investors and Software Conglomerates by Juan Orbea
- Performance Metrics
Total Value to Paid-In Capital (TVPI)
TVPI is a measure of both the realized and unrealized value of a fund as a proportion of the total paid-in, or contributed, capital. It is calculated by (total value) / (paid-in capital) where total value is (distributions + net asset value). A TVPI over 1.00x means an investment’s value ha
... See morefrom VC terms you need to know by Weekend Fund
- Fund Structure
Traditional Fund
Traditional funds typically do a “big bang” fundraise and begin deploying capital after the First Close. Once the fund is officially closed, they’re unable to accept new LPs.
That said, it’s not uncommon for fund managers to leave their fund “open” for several months while deploying and raising additional capital.
Ro
... See morefrom VC terms you need to know by Weekend Fund
- Fundraising
General Partner (GP)
A GP is a manager of a venture fund. They make decisions on how to invest the capital that LPs provide.
Limited Partner (LP)
An LP is an investor into a venture fund. LPs provide the capital that fund managers invest, and typically have few required obligations outside of providing capital to the fund.&
... See morefrom VC terms you need to know by Weekend Fund