Humanity must deploy better systems to improve the longevity of the human race.
Money managers must improve the investment thesis that determines what returns can be discovered.
Classical economics is a religion stuck in the perpetuity of undesirable consequences, void of any connection to cause.
Top-quartile wins my proclamation as the most delusional way to measure VC performance or any financial firm for that matter. And none of us should be surprised that innovation cannot reach maximum potential, with such meritless accountability of its arbitrage.