This podcast episode features Michael Ashley Schulman, CIO of Running Point Capital Advisors, discussing the intricate psychology behind venture capital investing, underscoring the importance of patience and tax advantages like QSBS for maximizing returns. He outlines Running Point's distinctive multi-family office approach to private investments, the necessity of thorough due diligence when evaluating GPs, effective capital management strategies, and proactive tax planning strategies to ensure wealth preservation and enhancement for families, demonstrating that relationship-building and acute awareness of market dynamics are crucial to successful investing.
