Great investors possess clarity about their competitive advantages, conduct thorough research, and are willing to commit capital with conviction while also knowing when to cut losses.

Being a successful investor involves overcoming emotional biases and making rational decisions, often aided by colleagues who provide critical perspectives.

It's important to learn from past mistakes while also being cautious not to let those experiences overly influence future investment decisions.

Most investments won't succeed, and it's easy to overthink and miss good opportunities; I try not to let past failures cloud my judgment.

Successful companies often have to accept losses along the way; learning to take a hit is part of the entrepreneurial journey and can lead to long-term survival.

As an investor, be prepared to take risks and accept that you might look foolish or be wrong about your investment choices.

Having strong opinions about the future is valuable, but it's also important to remain flexible in your approach. Successful entrepreneurs balance conviction with adaptability in their strategies.

Meeting founders and making investment decisions is more of an art than a science, and you often have to lose some money before becoming an expert.

Great investors develop intuition to judge people and founders, and they advise founders to be honest and direct.