Mark Yusko: We Are On The Precipice Of The Global Financial Crisis II
The Julia La Roche Show, Released on 3/28/23
0:00 Intro3:08 The Endowment Model4:08 Taking advantage of time-horizon arbitrage6:47 What else makes the Endowment Model unique?8:00 Equity10:20 Greatest wealth is created by being an early investor in innovation12:08 Mark's background13:33 Dialogue and debate through active listening16:00 Lessons investing in bonds19:00 A-ha moment in venture capital20:00 Investing in Sequoia early21:19 Being a journalist might be the best training for investing22:08 Half-a-million investment turns to $200 million thanks to Google investment25:30 Living the path of technological innovation30:40 The Truth Net explained32:44 Macro backdrop34:19 Liquidity drives markets35:55 Fractional reserve banking39:00 Banking system driven by liquidity41:20 Satoshi Nakamoto's Bitcoin 2009 white paper44:00 Digital asset innovation47:00 Bitcoin as a digital store of value50:15 A better system51:00 Duration mismatch in the banking system55:00 Impact of money printing57:16 Bitcoin58:49 Money printing doesn't create wealth1:01:10 On the precipice of GFC II1:07:00 Chance meeting with Howard Marks1:14:30 Blockchain is an Operating System
Mark Yusko is the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management. He is also the Managing Partner of Morgan Creek Digital Assets. Morgan Creek Capital Management was founded in 2004 and currently manages close to $2 billion in discretionary and non-discretionary assets. Prior to founding Morgan Creek, Mr. Yusko was CIO and Founder of UNC Management Company (UNCMC), the Endowment investment office for the University of North Carolina at Chapel Hill. Before that, he was Senior Investment Director for the University of Notre Dame Investment Office.
Mark Yusko: We Are On The Precipice Of The Global Financial Crisis II added by Herman James on 03/27/2023View all posts by Herman James ?+'