Mark Yusko on creating wealth by being an early investor in innovation
Mark Yusko is the CEO of Morgan Creek Capital. Mark is one of the most insightful investors and most articulate Bitcoin bulls on the planet. Mark’s investment thesis is that the greatest wealth is created by being an early investor in innovation. Making that investment requires believing in something before the majority of people understand it.
Key takeaway:
Being able to generate significant wealth from investing early in innovation requires doing the work and having conviction. Blockchain and crypto assets are a technological evolution equivalent to the internet.
Why you should listen:
Andy and Mark discuss Ray Kurzweil’s Law of Accelerating Returns, why new technology adoption tends to follow an s-curve, and why the human brain struggles to understand the speed of exponential growth. Plus - why crypto is a virus that will keep spreading, the myth of Warren Buffett's "Aw shucks" persona, why institutions must #GetOffZero and allocate to Bitcoin, and Mark explains why he thinks Tesla is a good company but not a good stock.
Links:
Morgan Creek Capital
Brave New Coin
Ray Kurzweil’s The Singularity Is Near
The Virus Is Spreading
Inside Bill’s Brain
Mark’s Webinar on #GetOffZero
Mark Yusko on Twitter
Andy Pickering on Twitter
Create your
podcast in
minutes
It is Free