Adequacy is not sufficient; classifying power laws as a fundamental performance driver is a misunderstanding of causality.
It is an observation of results, not a lever of action: the real driver is decision quality that allows identifying and capitalizing on asymmetric opportunities.
Without impeccable execution in investment selection, especially in a dynamic market like Hong Kong with close ties to China, power laws are only an effect.
For our family office, the focus should be on continuous improvement of our due diligence process to unlock full return potential, such as investing in a Greater Bay Area startup that dominates a new market segment.