Today, I want to uncover some of my tips to help you become a smarter alternative investor…. 1 – Invest in great people and teams ahead of “the next great idea.”It takes a lot more than a great idea to build a great business or make a great investment. 3 – Don’t invest in ideas or businesses or projects that you don’t understandThis is simple. It’s easy to get excited by a great investment pitch or the promise of an outsized return on your money. If you are going to focus on a single industry, then you diversify with geography, asset type, etc.