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We Study Billionaires - The Investor’s Podcast Network

TIP265: Mark Yusko - The Endowment Model of Investing (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Investing, Education, Business

4.63.6K Ratings

🗓️ 20 October 2019

⏱️ 53 minutes

🧾️ Download transcript

Summary

In this episode, you'll learn:

  • How to invest link an endowment
  • Why innovation in an asset class.
  • Why portfolio construction is the most overlooked activity while security selection is the most overvalued activity
  • Why asset allocation drives returns more than security selection
  • Ask The Investors: Am I too old to start value investing? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


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Transcript

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0:00.0

You're listening to TIP.

0:30.0

You're listening to TIP.

1:00.0

Hey everyone, welcome to the investors podcast. I'm your host Preston Pishin.

1:04.0

As always, I'm a company by my co-host Stig Broderson.

1:07.0

And like we said in the introduction, we have Mr. Mark Yusko with us today.

1:12.0

And Mark, let me start by saying, why did we wait so long to do this discussion?

1:17.0

I've been following your Twitter for years at this point.

1:20.0

And we talk on Twitter from time to time.

1:23.0

And I'm just excited that we're finally doing this.

1:27.0

I can say thanks for making time and coming on the show today.

1:30.0

I have been following you as well.

1:32.0

And I am really excited about the conversation tonight.

1:35.0

So Mark, I want to start off just where you started in the investment world.

1:40.0

Because I mean, you have this incredible story of you started off at Notre Dame.

1:47.0

Right? And you're there as the senior investment director.

1:50.0

But then you transitioned over to North Carolina.

1:53.0

And this is when North Carolina was at the 84th percentile for the management of their endowment.

2:00.0

Right?

2:01.0

Well, you're good.

2:02.0

And all the stats, that impressive.

2:04.0

And so, well, this is really impressive stuff.

2:07.0

And I want people to hear this because I've never heard an interview where anyone has ever said this.

...

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