Become a NCAAB Champion Investor
By learning the tactics of Coach Dusty May
This coght my eye
Acutally , caught
Actually, caught my eye, but thannks to typing and AI I don’t really care unless of course I write these emails myself.
The same tactic that many leading NCAA I schools approached hiring their star recruits.
Data and performance but not the things that matter, like how are they in a team setting and what factors will allow them to excel as they have in the past
Today’s theme is going Old School sans AI, like my writing.
This headline spurred me to read the secret of Dusty’s success since money was involved but the article belied the headline
(big surprise)
Here are the highlights of what I noted
Give credit to the University of Michigan for finding talent. In 2023, May led a mid-major Florida Atlantic University to the Final Four. The coach knows basketball. And when hired, he knew…
If the past regime was not successful. Start over.
He replaced 80% of his starting lineup with transfers within weeks.
Like the movie Major League, he found his stars with a questionable present by a proven past
Star swingman Yaxel Lendeborg was a little-known scorer at the University of Alabama at Birmingham but was he?
The 7-foot-3 center Aday Mara was a bench warmer at UCLA
Elliot Cadeau was disappointed at North Carolina, but became an MVP in May’s system
Surprisingly, basketball was not a priority at UM, and he had only $500,000. With the way college ball works now, that would be enough to not be in last place.
Work the phones. You got to not just be a coach with vision on the court but off the court as well. He had to convince the boosters of the school that they are betting on a winner. SELL YOURSELF.
So how did he find those misfits at other schools? Look for disappointments.
And that, my friend, is VALUE INVESTING
It’s not just investing in low book value or beaten down plays, but raising money like Oliver Sung
Knowing the lay of the land and understanding the mechanics at play and the underlying potential.
The problem with data is that it doesn’t tell the future.
Then you do something that most people don’t want to do:
Build a portfolio, i.e., team (not blow it on one player).
“We want to look at these guys for what they are, not what they aren’t,” said assistant coach Justin Joyner. “Really lean into their strengths and let them be the best versions of themselves.”
The WSJ article highlighted:
“Cadeau… a five-star recruit out of high school and on the fast track to the NBA…losses piled up, his confidence and his shooting stroke disappeared.
“…I didn’t have the opportunity to show what I was able to do,” Mara said.
Here are some quotes I gleaned from brief research:
Donor support is key but do you see the nuance? The investors, or donors, who bet on a team BEFORE they are successful vs. the kind that FOLLOW success.
Now, which one from your experience do you believe is more praiseworthy with better results?
If this is not enough of Dusty May and rubbing in your losses of NCAAB games here is a great interview.
Talk soon,
Eric