Don Mullen

Founder and CEO, Pretium Partners · 1 appearance on the record.

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founderexecutiveinvestorLinkedIn ↗pretium.com/team/don-mullen ↗

Don Mullen founded Pretium in 2012, growing it into an alternative investment firm managing around $60 billion in assets. Prior to Pretium, he was a partner and head of Global Credit and Mortgage businesses at Goldman Sachs, where he helped construct the firm's short position against the subprime mortgage market.

29statements → 15claims → 8claims resolved → 50%fully supported → 3.83/5average certainty → 2.03/5average debate potential → ≈4.5/5argument clarity, estimated →

4 supported 1 partly supported 3 contradicted 1 not yet assessed 6 not checkable as stated how the 15 claims stand · each chip opens the sources

6 predictions · 9 assertions · 3 opinions · 4 insights · 6 disclosures · 1 what if · every statement was checked. The predictions and assertions are the 15 claims: statements the public record can support or contradict. 8 are resolved, 1 is not yet assessed, and 6 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Don argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported

Mullen: Institutional rentals invest billions annually in new home construction

“We're putting billions every year into building new houses that during a cycle like this wouldn't take place.”

Don Mullen Jun 29, 2023 ▶ 46:04 Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)

Their most notable contradicted claim

Prediction Didn’t hold up

Mullen: Pretium will likely acquire 15,000 to 20,000 houses in 2023

“And now in portfolios, as an example, we'll probably buy 15 to 20,000 houses this year. But almost entirely in portfolio form.”

Don Mullen Jun 29, 2023 ▶ 40:01 Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)

Expressed certainty vs assessment result

none yet certainty 1

none yet certainty 2

0% certainty 3

64% certainty 4

none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Don Mullen on measured tape to publish a rate. This says nothing about how they speak.

What they said29 Episodes1

Everything Don Mullen said on Capital Allocators that made the record, most notable first. Filter by type, assessment or year in the ledger →

Disclosure

Mullen: I overestimated post-COVID credit defaults by misjudging stimulus impact

“I had a higher expectation for credit defaults after COVID hit. Didn't properly gauge the amount of stimulus versus its impact on credits.”

Don Mullen Jun 29, 2023 ▶ 17:42 Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)

Assertion Partly supported

Mullen: 70% of US mortgage holders have rates under 4%

“We have 70% of Americans have mortgages less than four percent. They're not selling their house anytime soon. I think when you go to five, the number's 95%.”

Don Mullen Jun 29, 2023 ▶ 31:03 Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)

Disclosure

Pretium is actively seeking to acquire or build multifamily servicing platforms

“As we continue to drive the efficiency of asset servicing, we should bring that to multifamily in the same communities that our single family homes are in. So we're actively seeking out platforms to purchase in those communities or create one.”

Don Mullen Jun 29, 2023 ▶ 48:41 Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)

Disclosure

Pretium is expanding staff and capital to lend to regional homebuilders

“We have platforms that have been lending to construction. We're increasing our staff and increasing our capital to be in a position to take on these regional home builders as a part of our Ecosystem.”

Don Mullen Jun 29, 2023 ▶ 49:26 Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)

What-if

Mullen: Prematurely exiting dot-com shorts cost him a 3x net worth gain

“So personally, I was short in the last tech boom in the early 21st century, and I got squeezed out of my shorts and lost a huge percent of my net worth. That 60 days later, I would have tripled my net worth.”

Don Mullen Jun 29, 2023 ▶ 1:02:59 Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)

Appearances (1)

Episode	Date	Speaking time
Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)	Jun 29, 2023	55m

Don Mullen

The record, in short

Their most notable supported claim

Their most notable contradicted claim

Expressed certainty vs assessment result

How they sound: not measured why? →

Appearances (1)

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