Thought Capital 5Perspectives Growth

The Problem Isn’t the Target - It’s the Path

If the target is clear, what makes the journey so difficult? The challenge is finding opportunities that can survive contact with reality.

June 26, 2026 · 3 min read

The difficulty is rarely a lack of opportunity. It is the tradeoffs that often accompany it.

In this paper, we examine a familiar investment challenge: finding a practical and repeatable way to meet return objectives without creating new problems in the process of solving the old one. We explore whether the problem is not a lack of return opportunity, but a mismatch between where that opportunity exists and what investors can realistically implement.

We then examine why some opportunities may remain hidden in plain sight and why the challenge is not the target, but finding a path capable of reaching it.

The difficulty is rarely a lack of opportunity. It is the tradeoffs that often accompany it.

— Drew Cupps, Head of 5Perspectives Growth Team

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