Entries from March 2008

March 20, 2008

The one percent – Mark Yusko

Mark Yusko is one of the most inspirational people I’ve ever had the good fortune of knowing. Mark owns Morgan Creek Capital, a fund of funds (hedge funds). His charm, grace and style is simply refreshing.
I asked Mark what he looks for when he interviews hedge fund managers, what is important in talented people. [...]

March 10, 2008

The one percent – how they manage email, phone calls and respond to referrals

Lately I’ve been fortunate enough to work with a few billionaires. And what’s interesting is how they manage their professional lives. Their world is incestuous and referrals are golden. What’s interesting is how billionaires respond to phone calls, email, referrals. Billionaires are quicker to respond, are more generous in [...]

March 2, 2008

The Top One Percent in the world

How does the top one percent in the world differ from the other ninety-nine percent? One way is they focus on what they do best, but constantly reinvent themselves. Or better said are looking for the next project. What do I mean?
Yesterday I was meeting with a billionaire. He owns a real [...]

March 1, 2008

The Top One Percent in the world

“So how much would a guy like that cost? “
“He’s about $3 million a year total.”
“That’s it?”
“Yup.”
“Does he want equity?”
“It depends.”
“Did they do it?”
“Nope.”
“Why?”
“Timing”
Everything in life comes down to timing. I was at breakfast with Mr. X at. We were talking about a deal I worked on. I still can’t believe my [...]

March 1, 2008

The Top One Percent

“So how much does a guy like that make?”
“$60-70 million a year.” I said.
“Chump change.”
Can you imagine thinking that 60-70 million is chump change? What kind of person thinks that much money is chump change?Mr. X
I just had a breakfast meeting with Brian, founder and owner of X Properties Group.
I was supposed [...]