The Pros and Cons of Venture Capital

Venture capital should not be an overwhelmingly large part of the pie, I think it's important to have balance. If you're someone who has a little more risk appetite and has a longer time horizon, then you would increase the exposure there. But again, with all of these strategies, if you don't have the resources or the skill set to be able to execute them in a high quality way, it doesn't necessarily make sense to try and do that. So we really take kind of a bird's eye holistic view is, all right, how do we maximize those buckets? You know, what's the kind of utility function of our client here or our investor?"

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