Mark Yusko cut his teeth co-managing the endowment portfolio at Notre Dame and then putting together a team to do the same for the University of North Carolina. From there he setup a fund of hedge funds for Julian Robertson to take advantage of the talent Julian had identified at Tiger Management. Today, he oversees $3 billion at his firm Morgan Creek Capital Management. Mark is one of the most avid and astute students of value investing as a discipline I’ve come across. In this conversation we discuss his evolution as an investor, how and why he learned to listen to his gut and what it’s telling him today: that we could be headed for a stock market crash. Follow Mark on Twitter @MarkYusko and read his thoughts at MorganCreekCap.com.
- Mark’s letter about Julian Robertson – Not Lyin’, The Big Tiger’s A Bear, Oh My!
- Mark’s letter about Seth Klarman – The Value Of Value
- Mark’s letter about 1929 and Newton’s laws in the markets – Not So Intelligent Investors #GravityRules
- Warren Buffett’s letters to shareholders at BerkshireHathaway.com
- “Market Wizards” and “The New Market Wizards” by Jack Schwager at Amazon.com
- Jeremy Grantham’s letters at GMO.com
- What I learned this week at 13D.com
- “The Tao Jones Averages” by Bennett W. Goodspeed at Amazon.com
- “The Great Boom Ahead” by Harry S. Dent at Amazon.com
- “Rainbow’s End: The Great Crash of 1929” by Maury Klein at Amazon.com
- “The Fourth Turning” by Neil Howe at Amazon.com and YouTube.com
- Margin debt statistics at dshort.com
- Corporate stock buyback statistics at Factset.com
