Josh Kushner
๐ค SpeakerAppearances Over Time
Podcast Appearances
I will always take someone's desire to win more so than anything else. But our view is that there's a major difference between being intelligent and being smart.
I will always take someone's desire to win more so than anything else. But our view is that there's a major difference between being intelligent and being smart.
And I think we look for people who are deeply independent in their thought process that have an incredible first principles lens and that are creative enough to imagine things that have never existed before, but analytical enough to be able to understand businesses at any stage and in any sector.
And I think we look for people who are deeply independent in their thought process that have an incredible first principles lens and that are creative enough to imagine things that have never existed before, but analytical enough to be able to understand businesses at any stage and in any sector.
One of the things that we have done, I think, very effectively is we've taken people that have started off their careers at places like a Blackstone or Bridgewater that were trained with a very financial lens, but just realized that it wasn't the right place for them. And I actually think that has enabled us to truly identify people that are so unique in their thinking.
One of the things that we have done, I think, very effectively is we've taken people that have started off their careers at places like a Blackstone or Bridgewater that were trained with a very financial lens, but just realized that it wasn't the right place for them. And I actually think that has enabled us to truly identify people that are so unique in their thinking.
They don't know what everyone in our industry is talking about. If you were to sit down with anyone who works at any firm and ask them about artificial intelligence right now, they will likely be able to regurgitate whatever it is that they heard on whatever podcast they listen to. If you take someone who's thinking about global macro at Bridgewater...
They don't know what everyone in our industry is talking about. If you were to sit down with anyone who works at any firm and ask them about artificial intelligence right now, they will likely be able to regurgitate whatever it is that they heard on whatever podcast they listen to. If you take someone who's thinking about global macro at Bridgewater...
or distressed debt investing and give them a day to give you their best points of views on whatever topic is interesting to us at Thrive. And they're able to come with incredible analysis and articulate it in a very intense debate.
or distressed debt investing and give them a day to give you their best points of views on whatever topic is interesting to us at Thrive. And they're able to come with incredible analysis and articulate it in a very intense debate.
Our ambition is to really be extremely concentrated in both ideas and people, both at the early stages and the later stages. We purposely have built a small team to actually create constraint around what we can do. How small is small? We manage approximately $15 billion and our investment team is nine people. Our view is the only way to have a team is to have a small team.
Our ambition is to really be extremely concentrated in both ideas and people, both at the early stages and the later stages. We purposely have built a small team to actually create constraint around what we can do. How small is small? We manage approximately $15 billion and our investment team is nine people. Our view is the only way to have a team is to have a small team.
In addition to that, the only way to have a small team is to have a team of people who respect each other equally. And that doesn't mean that everyone needs to be exceptional at the same things. That means that every single person brings something completely different to the table, irrespective of their age, irrespective of their experience.
In addition to that, the only way to have a small team is to have a team of people who respect each other equally. And that doesn't mean that everyone needs to be exceptional at the same things. That means that every single person brings something completely different to the table, irrespective of their age, irrespective of their experience.
We're of the belief that artists like to live in artist colonies and that every single person that joins an organization should be the most extraordinary person that we can find irrespective of the role that they're playing. And I think we also have the belief that one extraordinary person could do 10 people's jobs.
We're of the belief that artists like to live in artist colonies and that every single person that joins an organization should be the most extraordinary person that we can find irrespective of the role that they're playing. And I think we also have the belief that one extraordinary person could do 10 people's jobs.
One of the things that we've done very well, I think as a lot of organizations grow and people become more established, they start to hire for leverage. And our mindset has always been everyone that we hire to the organization should be extraordinary, but also every single person that is hired to the investment team has the capacity to be a partner.
One of the things that we've done very well, I think as a lot of organizations grow and people become more established, they start to hire for leverage. And our mindset has always been everyone that we hire to the organization should be extraordinary, but also every single person that is hired to the investment team has the capacity to be a partner.
The mindset is this person, a lot of organizations are come worker for two years, you're in, you're out. But every single offer that we give to people on the investment team is with the expectation that if they are successful, they will be a partner at the firm.
The mindset is this person, a lot of organizations are come worker for two years, you're in, you're out. But every single offer that we give to people on the investment team is with the expectation that if they are successful, they will be a partner at the firm.