What Separates the Top 1% of Allocators

The best allocators in the world don't win on IQ. Ron Biscardi has watched thousands of LPs and GPs come through iConnections, and the edge is almost always the same: a voracious desire to learn, real humility, deep networks, and conviction earned by understanding a business from the bottom up. Why paying top fees for top managers is the right call, and why Antonio Gracias backing SpaceX 30 times is what real conviction looks like. Timestamps: 0:00 The one trait every elite allocator shares 1:59 EQ: how networks compound your information edge 4:02 Why beating managers down on fees is a mistake 6:02 Conviction in markets you can't trade out of 7:28 Antonio Gracias: conviction earned in the factory 8:39 "Everything else is just bravado #allocators #limitedpartners #LPs #GPs #venturecapital #familyoffice #capitalallocation #conviction #managerselection #privatemarkets #RonBiscardi #iConnections #DavidWeisburd