I like your point about diversification.

However, you could also invest a small fraction of your net worth into high-risk / high-return as part of the strategy.

By controlling the risk (in terms of potential net worth loss) one can entirely then focus on opportunity.

I've wrote an article about it, would be thrilled to get your feedback on it:

https://danielschmitter.medium.com/003-invest-like-venture-capitalists-part-3-4-quantifying-worst-modest-and-best-case-2de318b4962e