The Psychology of Illiquidity: Why Micro Investors Underestimate It

Introduction: The Illusion of Comfort Until You Need Cash Illiquidity is often described in elegant financial terms. It is framed as a premium. A trade-off. A rational acceptance of delayed gratifi…

Court Guinness
Why Most Micro Private Capital Portfolios Are Riskier Than They Admit

Introduction: The Comfort of Calling It “Diversified” Ask a micro private capital investor about portfolio risk and you will often receive a reassuring answer. There will be talk of diversification…

Court Guinness
The Silent Cost of Being “Founder-Friendly”

“Founder-friendly” has become one of the most prized descriptors in micro private capital. It signals empathy. Patience. Partnership. A refusal to behave like caricatured private equity. It sounds …

Court Guinness