Look, I think if you've got a niche portfolio or just operating in one country, like the United States, your ability to absorb the volatility is much less.
Diversify, because that helps reduce risk. And you can diversify outside the United States. Some people would never invest in Europe - I think that's a mistake.
The reason we invest globally is because we think that's where a lot of the growth is happening: around the world.
Forty percent of my portfolio is in the U.S. In the rest of the world, most of the places I invest in or invested in are Brazil, Russia, Germany with a little bit of Turkey, China, India, France and Israel sprinkled in there.
I was very early on in taking venture capital abroad: to Europe first, then Asia.
Many U.S. investors are already investing overseas rather than at home.
Most people are under exposed to global assets, including foreign stocks, bonds and currencies.
Global capital is agnostic - it has no loyalties. There's an overhang of capital in the U.S., and the key is yield pickup. What Africa is providing is a diversification play and also opportunities for yield pickup for the investor that's aware of what he or she is doing.
