Mark W. Yusko - Two Point One Quadrillion

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@MarkYusko

Founder, CEO & CIO of Morgan Creek Capital; Alternative Thinking About Investments Managing Partner of Morgan Creek Digital; Bitcoin Edge OCM

Chapel Hill, NC morgancreekcap.com Joined February 2011

8K Following 161K Followers 112K Posts

Latest posts 5

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Mark W. Yusko - Two Point One Quadrillion @MarkYusko Nov 14, 2018

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

You will be mocked, ridiculed & criticized for your non-consensus action

It is absolutely worth it!

Mark W. Yusko - Two Point One Quadrillion @MarkYusko 2d

Risk Happens Fast

The Kobeissi Letter Verified account @KobeissiLetter 2d

BREAKING: Oracle stock, $ORCL, falls -5% after Microsoft ends its deal to rent AI cloud capacity from the company.

Oracle is now down -68% from its record high.

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Mark W. Yusko - Two Point One Quadrillion @MarkYusko 2d

History Rhymes

Lukas Ekwueme Verified account @ekwufinance 2d

Tech is recovering today... that doesn't mean the selling is over

Right before the 2000 dot-com crash, the S&P rallied 12% to reclaim its previous highs...

Those who went max long because “the internet is the future” were right, but still lost 50% over the next 2 years.

To make sure every last bull stayed in (and then got wiped out), we had 3 separate 20% bear market rallies...

Only after everyone was fully shaken out did we bottom in 2002.

It then took ~14 years just to break even on a nominal basis...

And by that point, most developed PTSD and were too scarred to participate in the next bull run.

Lesson: Don't participate in historically overvalued markets, especially not when that overvaluation coincides with the biggest supply crisis in human history

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Mark W. Yusko - Two Point One Quadrillion @MarkYusko 2d

HedgeD = Edge

Alex Ambroz Verified account @Alex_Ambroz 3d

@nishantkumar07 At Morgan Creek Capital Management, @MarkYusko has talked for years about how so many of these ‘hedge’ funds aren’t actually ‘hedge(d)’!
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Mark W. Yusko - Two Point One Quadrillion @MarkYusko 2d

Misunderstood = Edge

Bitcoin Strategy Group Verified account @ThisiswhyweBTC 2d

First, Satoshi was misunderstood.

Then @MarkYusko

Then Michael @saylor

Then @TimKotzman

Then @PunterJeff

Then @AdamBLiv

Then @RobinSeyr

A tale as old as time.

First they ignore you.
Then they ridicule you.
Then they question your sanity.
Then they quietly adopt your ideas.

Being early is often indistinguishable from being wrong or crazy. Until it isn’t.
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