In 1990 we started Turner Investments in Berwyn, Pennsylvania, in a cramped office with a few computers and low overhead. Staff members took little or no compensation that first year.
Original staffers included two brothers, Bob and Mark Turner, and Christopher McHugh. As Mark notes, “We saw an opportunity and thought of doing something on our own. Our biggest advantage was our naiveté; we didn’t recognize the pitfalls of starting a business. We had enough assets under management to keep the lights on and pay the bills.”
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