Why generalist investors will always win

The relevance of generalist investing in the venture world

Key points:

1. Revolutionary tech companies are thematically unpredictable, making specialization challenging.
2. Transcendent founder talent is needed in all spaces, regardless of specialization.
3. Generalist investors with a focus on outliers have a higher chance of success.

Hint on Elon Musk: Elon Musk is a well-known entrepreneur and investor who has made significant contributions to the tech industry, particularly in the fields of electric vehicles (Tesla) and space exploration (SpaceX). He is known for his ambitious goals and innovative approach to solving complex problems. Musk embodies the idea of a generalist investor who focuses on outliers and transcends traditional boundaries of specialization.