A commenter to my post on alternative energy wants me to put my money where my mouth is and invest in alternative energy.
At first blush, that makes a lot of sense.
But the problem is that we don't invest only our money in venture deals. We invest other people's money (called Limited Partners) as well as our money in our deals.
And so we limit what we invest in to things we know a lot about. Things we've learned about the hard way, by making mistakes and learning from them.
As interesting as alternative energy is to me, I can't say that I know enough about it to even begin to think about investing in it.
The same is true of genetic engineering. It's amazing science. There are plenty of people who are qualified to invest other people's money in it. But I am not one of them.
So, if the post is about information technology, then I intend to put my money where my mouth is. If its about alternative energy, biotech, music, travel, food, wine, or another of my interests, don't count on it.