During due diligence, it's crucial to look beyond returns. Top allocators analyze a manager's decision-making process, not just the outcome. They penalize managers who were “right for the wrong reasons” (luck) and give credit to those who were “wrong for the right reasons” (good process, bad luck).

When a decision is truly aligned, external factors fall into place with ease. Constant struggle and forcing outcomes are signs you're operating from mental obsession or desire, not clear intuitive guidance. Effortless flow is the key indicator.

Frameworks are not an innate way of thinking but a tool developed out of necessity. They arise when you must reteach or reuse a complex thought process so often that you create mental shorthand to avoid re-deriving the decision set every time. It's about crystallizing a process for scalability.

When making early-stage investments, avoid the common pitfall of betting on just a great idea or just a great founder. A successful investment requires deep belief in both. Every time the speaker has invested with only one of the two criteria met, they have lost money. The mandate must be 'two for two.'

High-achievers default to a mind-first approach (logic, safety). True intuitive creation requires reversing this hierarchy: prioritize spirit (energy), then check in with the body (somatic response), and finally use the mind for execution and safety.

When facing an existential business threat, the most effective response is to suppress emotional panic and adopt a calm, methodical mindset, like a pilot running through an emergency checklist. This allows for clear, logical decision-making when stakes are highest and prevents paralysis from fear.

Moving from science to investing requires a critical mindset shift. Science seeks objective, repeatable truths, while investing involves making judgments about an unknowable future. Successful investors must use quantitative models as guides for judgment, not as sources of definitive answers.

A founder's retrospective analysis often reveals that delayed decisions were the correct ones, and the only regret is not acting sooner. Recognizing this pattern—that you rarely regret moving too fast—can serve as a powerful heuristic to trust your gut and accelerate decision-making, as inaction is often the biggest risk.

Intuition is not a mystical gut feeling but rapid pattern recognition based on experience. Since leaders cannot "watch game tape," they must build this mental library by systematically discussing failures and setbacks. This process of embedding learnings sharpens their ability to recognize patterns in future situations.