The Value Perspective with Gary Sernovitz

This week we joined by Gary Sernovitz a Managing Director at Lime Rock, an oil and gas focused private equity firm, and the author of the Counting House, a novel about investment management. Gary started his career as an oil equity research analyst at Goldman Sachs before making the transition to the buy side. We’re delighted to have Gary on the podcast as we believe he is the first fiction writer that we have had on. His latest novel shines a light on what the university endowment world is like, how it operates, its different cultures, motivations and characters. While researching the novel, Gary spoke with Verger CEO Jim Dunn a future guest on the Value Perspective. In the episode, we discuss: Gary’s career journey; the research behind his novel; how an investor can differentiate themselves; the personalities and politics between decision makers; absolute returns vs relative; and finally, the ethical dilemmas faced by modern CIOs. Enjoy!

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