YouSaid · the spoken record

Connor Teskey

lines on the record: 99
first: 2026-03-17
most recent: 2026-03-17
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Mitigate, protect, ensure that the value of what we have is preserved, but then how can we look to capitalize or capture on the opportunities that this crisis or this downturn may have created?”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“I do think you could predict it. There is an incredible positive attribute in being able to digest information somewhat unemotionally and make the best decision at that point in time earlier in the conversation that the organization is very balanced, very measured, and very forward-looking. I always like when things move and generally when you're making this reference, it's when markets move negatively. They're some of the most incredible conversations we have as a business. And one thing that always shocked me is we don't spend the first 30 minutes of a 60 minute conversation discussing the negative impact on what we have. We spend all 60 minutes saying, one, how can we”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Great question. I would not say I am happiness happiest when everything is going perfectly. It's almost one of those things where you want to have enough on the go that you feel a little bit stretched. One of the things I really like about this job, and sorry if this is a tangent, is I used to play a lot. And one of the things I love about this job is the competitiveness of it. And therefore, I like that exercise of trying to figure out the next thing or improving something that is imperfect or if Target is X, try and do X plus 1. I'm not happiest when everything is perfect and under control. It feels good when we feel like we're within our culture of discipline and methodical, but we feel like we're trying to continuously grow and continuously improve. And we're really pushing to do that.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Somewhat of a young, almost scrappy team trying to build something from scratch. But in hindsight, we did a few very good deals and that were quite foundational to what we were fortunate to build over the next six, eight, ten years. And then, you know, some of the big deals. Westinghouse, oak tree, those have been fun because of their scarcity, their size, the broader impact they've had on the organization. So it'd be tough to pick one.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“There's been so many. I think you're supposed to love all your children equally. I think it would be very tough to pick one, some that stick out. One of the very first deals I was fortunate to be part of the deal team, we made a very small cold storage business investment in Canada early in my time in private equity. It was a small business. It was a great business. It was underperforming when we bought it. It turned out to be a fantastic investment. This is not diminishing the incredible work that was put in. It was a somewhat simple business in what the value drivers were. So it was a nice one to really learn on. It was nice because it was a good one to learn on and it was successful. So in hindsight, I reflect very positively on it. Some of our first investments right after moving to Europe when we were trying to.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, it's an interesting question. One thing I do quite enjoy is getting almost a daily update of in different services do it for different asset classes. You know, these are the 15 relevant headlines in infrastructure. And you read the headlines and maybe you click on one of them to get more information, but just reading the 15 headlines gives you a little bit of a sense or a pulse of the direction of travel. But if there's one that's more relevant or more interesting, you do a little bit of a deeper dive on that. I certainly don't sit there and, you know, read publication X, Y, Z, cover to cover every morning. Different people have a different approach. I don't do that.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“It's interesting. I read a lot at work. I'm a big believer if someone in the organization emails or sends a deck to be discussed, you read it before you start that conversation. It leads to a more informed conversation. You can think more thoughtfully, reading it to yourself than you can trying to read and listen at the same time. So I like to read almost everything that's been sent. And when at all possible, I like to read it ahead of a discussion. I also read a lot of news. Sometimes people say, what's the last book you've read? I'll tell you, I don't have a lot of time for reading pleasure books, but I do read a lot of content about our business or news about the the the the the the the the the the themes that we”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“The best forcing function in the world because I felt like there was no space. I felt like there was no time. And now we have this amazing young family that. I'll go to incredible lengths to make time for. And it doesn't feel like I had to give up anything on the work front, but some things fell away that I don't even really couldn't tell you what they were.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“How am I going to have time? And will I still have the ability to care as much about the job, which was very important to me after we start our family? And there's two conclusions. And I'm not sure if everyone goes through this learning process. One is there is no limit in the capacity about how much you can care about things. care more about my family than I could have ever imagined. I don't think I care any different about Brookfield than I did before and after we started our family. And then secondly, you do find ways to become more efficient. Obviously, time with the family is incredibly important to me. Other stuff did fall off the plate. But what's funny is you don't miss it. You know, you find stuff that you were spending time on. But when it's gone, you don't miss it. Because it's been replaced by something you value so much more.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“There's two things that come to mind when you hear that question. One is there's two things that matter to me in life more than anything else and they're miles ahead of third place. One is my family and two is Brookfield. And that's where I spend 150% of my capacity. Now, let's be clear. I have great friends and we get out and have a good time. But really my priorities 99 times out of 100 are my family and Brookfield. One thing that being very honest and transparent, we have a young family. We're fortunate to have a very great and amazing young family. I remember when we were thinking of starting our family, and I don't know if I'm crazy to say this, but you question.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“The business took an incredible step change. That wasn't a particularly long period of market downturn, but it was that brief almost cyclical opportunity for them to drive a step change of growth in their business. And they did it very, very well.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, this is where that organization is exceptional in really two ways. One, they've broadened their product offering the same way we've broadened at Brookfield, Oaktree's done an incredible job broadening their business. They have incredible performing credit strategies, as well as they've found some niche areas of the market, certain asset classes, certain securities where they are unique and can consistently outperform. That's point one, but two, within their opportunistic credit strategies, they do an exceptional job of constantly being ready when those market opportunities do exist. So I'll give the example. We made the initial investment, the initial partnership in 2019. They were incredibly active during COVID.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“You're right, it looks undervalued, but what would be amazing is could we do something strategic with them? They're incredible market leading in credit, which is an area that we didn't have a lot of exposure at the time. Is there something strategic we could do with that organization? And we took that away into our little lab and came up with this idea of essentially buying out the public and partnering with the founders and senior management of Oak Tree. We presented that idea to them in the latter part of 2018 and did a transaction in the early part of 2019.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Down, but its growth and its profits, you know, maybe began to plateau off when markets got really strong, given the its leadership and opportunistic credit, especially back then, opportunistic credit was a very large component of their business. broadened out a lot since then. And I remember at the beginning of 2018 going to Bruce and saying this company looks very undervalued. And he gave me one very simple piece of feedback, which was,”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“I can probably understand how this business works. And it was very fortunate early in my career to have the opportunity to really understand how was Brookfield growing, where was it making money, where was it seeing the greatest growth trajectory and the greatest value creation because of that initial process, we've just began to track the other large alternative asset managers and how we were doing relative to them, how we were trading, how we were growing, et cetera. And one of those other managers at the time was Oak Tree. And I remember in beginning of 2018, we felt oak tree was this amazing business that wasn't fully appreciated in the public markets because it was very counter-cyclical. It performed really well when markets went.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“So within Brookfield, there are lots of individuals who are very good at generating ideas. And what's great is we have 1,300 investment professionals to filter through those ideas. And I will tell you quite early in my career, I was very fortunate. We spoke earlier about having very good fortune. I was asked to look at another alternative asset manager. This is 13 years ago and this manager had run into some stumbles and some hard times and was in need of some capital. And what's funny is I'll tell you, this was probably my first or second year at Brookfield. I really struggled to understand the right way to underwrite and figure out this business. And then one day the light bulb went on. I said, well, if I can understand how Brookfield works.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“So many businesses around the world. In fact, the majority of businesses around the world are, I would say, medium to large size, but it's actually increasingly difficult to get exposure to those types of businesses in the public markets. And therefore, what we think alternatives can do as part of an appropriately mixed and diversified portfolio is just ensuring that those individual investors can get exposure to the breadth of the market that they want to and different asset classes or sizes of companies that maybe it's tough to do if you're simply looking at public equities.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“There's absolutely that dynamic, but there's another one as well, which is in today's public market where index inclusion is such a big driver of demand, we're increasingly seeing larger companies do really, really well in the public markets, but companies that for whatever reason can't get index inclusion struggle more in public markets. And as a result, your S&P 500 is increasingly a larger, super large cap index where”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“The ability to take that disciplined investing approach that we've delivered to institutional investors for the last 20 years, keep doing that over the next 20 or 25 years, but also find ways to deliver that same approach that gives you those strong returns at a consistency and a scale, deliver it to the individual market. If we do that, we should be able to replicate, if not exceed the growth profile of the last two decades.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Increased and growing institutional allocations to the space. And that's going to continue. The institutional allocations to alternatives are going to double from where they are today over the next 10 years. So that would drive tremendous growth in our business if we only focused on institutions. But there is this new very large but long-term new growth avenue for our business, which we refer to as the individual investor. That's your retail and high net worth investor. That's your annuity and insurance policy holder. That's your 401k in retiree market here in the United States. That market is actually bigger. The individual market is actually bigger than the institutional market today. And it has almost zero penetrations from alternatives.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“We absolutely need to keep doing this, and we need to continue to be as good about that in the future as we have in the past. And if we do that, the breadth of what we invest in is going to keep expanding. There's going to be some things that we think are going to be big opportunities today that will become big opportunities in five or ten years. There's going to be some things 10, 15, 20 years from now that nobody is even thinking about today that as they approach, we want to identify them, capitalize on them, and then invest in them when they become large and attractive opportunities. So that would be point one. And the other thing that I think is really going to drive growth over, let's say, 20 or 25 year period is alternatives are in a really exciting point today. They've grown tremendously over the last two decades, essentially on the back of”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Maybe I'd come at it from two perspectives. From an investment perspective, what has helped build the business into what it is today is really two things that are going to look different in the future, but are very repeatable in the nature of what we need to do. One is that point of we're very consistent in the asset classes and the types of deals we focus on, but we spend an incredible amount of time thinking about where is the market going, what are the critical goods and services and assets of that are going to make up the backbone of the global economy five years from now, 10 years from now.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Where we have complete control over our success and that growth. What gets, I think myself and others who are coming up in the business very excited is can we continuously keep pivoting that trajectory above that incredible status quo that's been passed down?”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“First thing that comes to mind when I hear that is. It is amazing what Bruce and the senior leadership team has built over the last 25 years. It's truly an incredible platform that's very differentiated. And I would say somewhat underappreciated in terms of its scale and its ability to produce very attractive returns, but on a scale and a consistency that very few, if any, can match. That is truly the incredible value proposition of Brookfield is not just the returns we generate, but how consistently we do it and at what scale of capital deployment. And the amazing thing about the platform we have is it's got such an incredible organic growth trajectory that is very visible and goes out five, ten years into the future.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“I don't know if it's that extreme, but it is a very enjoyable thing that we're fortunate to wake up in a business and investing in themes where the question is not, can you grow? It's how much can you grow and can you do the right growth? And therefore, it doesn't matter if we've done two, three, or ten deals already, if the 11th deal is very attractive, we want to do that one as well.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“The way we, I would say as an organization approach the job or approach the opportunity is pretty, we try to be balanced every time, come in neutral. And we're very fortunate that we are at the forefront of some very, very large investment trends and investment themes and some very, very large asset classes to invest in such that while we may invest at very significant size, there's always the opportunity to do more. And therefore, we're always looking to, can we invest more at attractive risk adjusted returns? We don't spend a lot of time thinking about what have we done in the past. It's a very forward-looking organization from that perspective.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Multiple end users and multiple sources of demand, such even at the end of that 20 year contract life, there will be multiple options to use that facility or to recontract that facility. To your point about these cycles almost have a recurring trajectory to them. We see that in ours, and we think there's incredible things that we can do while participating in this growth to avoid the boom and bust that sometimes happens in other asset classes.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“It's funny exactly that dynamic. And again, we like to think we are one of, if not the leading investor in AI infrastructure around the world, which huge sums of capital are being invested in on a global scale. And we often get the question, will there be overbuilt? Absolutely unequivocally yes. There's overbuilt in almost every product and every asset class everywhere in the world, in every economic cycle. But the really important thing is that overbuild is not random in our business. We only build against long-term contracts with high credit quality counterparties. We don't build on spec. And two, we're very thoughtful about where we built. We want to focus in tier one markets where there's”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Parts of their job. And therefore, the same person who you liked and were supportive of, all of a sudden they're just more productive. And it's kind of taking the top off in terms of what we can expect out of our people and what we can expect out of our teams going forward. And it does feel like we are still in the very early innings of this. If you asked us more large scale, where do we think AI has a bigger impact? We think The role that robotics can play in so many production functions and industrial functions around the world now that that robotics can be reinforced by computers that can think and run a million simulations in real time like everything. What's the term? will happen slower than people expect, but have a bigger impact than people expect. We very much see that dynamic playing out in the use of robotics.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“One of the things that we're seeing as we use AI in our business is it feels like sometimes there is this fear, oh, AI is going to take everyone's jobs. That's not what we're seeing as much in our business. And that's a 30,000 foot statement. AI will cause some structural turnover in certain occupations. But really what we're seeing is it causing the same man or woman that you employed yesterday. They're getting two or three hours of their day back to focus on higher value.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“It's like, how does it look? So, some of this is actually using the technology. Some of this is a forcing function, if you will. In some of our infrastructure businesses where people are constantly building different assets in multiple places, what we have a program where when a worker shows up on site, they have to use the camera on their phone to scan the site. The program will say here are 10 health and safety risks that we've identified. Now, candidly, experienced workers probably would have identified those, but it's a great forcing function that one they have to do it to their reminded of it. Three, now they're thinking about those things. Health and safety is incredibly important in the businesses that we own. And this is a great way of using one of.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“The factory floor one is much more discreet. Those two preventative maintenance and health and safety, working in the vast majority of our businesses.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“On a trillion dollars of real assets around the world, and the other is health and safety for the 300,000 operating professionals we have in those 500 portfolio companies. The ability for a computer to look at a piece of machinery that only gets serviced every three or five years, but can just look at an infinite number of data points and use pattern recognition to say something doesn't look right. I know that piece of machinery is not supposed to be serviced for two more years, but somebody should go look at it. Sure enough, we send someone out to go look at it and a bolt is loose or something is leaking and we can preserve a lot of value. Similarly, just letting a computer that can run a million simulations instantaneously help people address health and safety concerns in different environments around the world. Those are.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Existed for 20 years in some of the efficiency and productivity improvements that are coming out of those exercises is amazing. That would be point one. There are two places across, I would say, almost a trillion dollars of assets where AI is having a huge benefit. And maybe it's not as exciting, but is very intuitive. One is preventative maintenance.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“The entire company so we can use it elsewhere. Similarly, if that company tried that application and it didn't work, share that information such that 499 other companies don't try and have it fail. It's interesting, we're really seeing we're very early days, but the impact is amazing. And there's two that would jump out. One is there's some places where AI is having a very discreet and very meaningful positive transformative near term impact. Our private equity businesses really focuses on industrial companies and critical services. We're using AI to help with pricing models. We're using AI to reevaluate how some of our shop floors and factories are configured, questioning processes that have”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Third area is using AI within our business. And we are doing this very, very actively. I think it's a fascinating topic. People say, how are you rolling out AI in our business? What's interesting is we own 500 companies around the world. We have encouraged all of them to use AI within their business, trial and error different AI applications that you think will enhance the efficiency, productivity, growth of your portfolio company. The only thing we ask is you share the results of that process. So if you find a solution that is very additive, it doesn't matter if that's in an infrastructure business in Australia. If they find a great AI application that is very additive to our business, we share it across, we've created a structure whereby that information can be shared across.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“So it's interesting, I always think there's three ways to play the AI theme, if you will. One is to invest in the models. You know, you invest in ChatGPT or Anthropic, and we don't do that. To be clear, there are some people doing it and being wildly successful. It's just not our area of expertise. The second way is to build the infrastructure that supports the growth and increased utilization of AI. And that at a simple level is the data centers and the power that supports them. And that is the largest and fastest growing investment theme at Brookfield. And it really brings together our digital infrastructure expertise, our power expertise, our real estate expertise. We feel we are market leading in that regard.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“You know, go on a three week victory lap telling everyone what you just accomplished. The Brookfield thing to do would be to come back the next day and say, okay, what are we working on now? And I do think you see that in very young people as a really redeeming and enduring quality. And when people don't have that, I would generally say they don't ascend or they don't last within the business as much as the ones that do. Does it need to be perfectly proportional? No, I don't think so.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, rather than say it as a negative, I'll say it as a positive. One of the things I've always said about Bruce is it always seems like he cares more about the success of others than he does about himself. He's always more concerned about ensuring that other people get the credit or other people are positioned to continuously develop. What's interesting is you see that in a leader who built an amazing organization. You also see that in very junior people, those that just want to contribute to a good team outcome and aren't really worried about who gets the credit. I'm thinking back to the previous question, you know, sometimes one of the things, one of the ways I describe culture at Brookfield is we like those individuals who maybe they do a great deal or they complete an initiative that was very successful. The non-Brookfield thing to do would be”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“And then time and effort to solve things that others can't, that would be one. The other one is this is always a people business. It is very, it is impossible to get ahead in this business if you can't work well with other people. It doesn't matter how talented someone is. They're not more talented than the entire team of people you can put around them. And therefore, having people that are exceptionally good at different aspects of the job, but equally can work with others who where they can complement other individuals or be complemented by other individuals to get more out of the broader team, those are the people that succeed the most.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“It's funny. I'm going to give you the same answer, but sometimes we get it to a different question, which was, what is the attributes of Brookfield's culture or the people that do the best at Brookfield? The line I sometimes use is we like people who are almost kind of nerdy. And I don't mean they're nerdy in that they aren't enjoyable to hang out with or can't carry a conversation, but they're intellectually curious in that they like to look at a hard problem that other people have struggled to solve and they're willing to kind of roll up their sleeves and put in the hard work to try and solve it, to generate an outsized positive return or an outsized positive outcome for the business. We like those people who are intellectually curious and kind of the derivative of that is hardworking and willing to tackle hard problems and put”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Young talent very early and give them perhaps more responsibility and accountability than they would sometimes get in different environments. And when it works, it works incredibly well because you get these fantastic men or women in their early 30s who've been in the workforce for 10 years but have the equivalent of 20 or 25 years worth of deal reps or people management or product marketing that they would have had somewhere else. And those are incredibly valuable individuals to our organization. We obviously need to make sure we're very proficient in identifying that talent. And we also always need to check and make sure we are coaching that talent up over time. It's not a straight up into the Right line for everyone.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“One of the things I love about Brookfield, I think a lot of people who work at Brookfield love about our approach is it is a complete meritocracy. We really don't care what your background is, where you were born, how you were raised, who you pray to, who you love. It's really about what value can you add to the firm. And again, that value can come in lots of different ways, but there is no stereotype that we are looking for. And it really all just boils down to how much value can you add to the firm. As an organization, one thing we do, and perhaps different than other organizations, is we do identify young talent very early. We like to try our best to identify.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Full of people who need to be able to sit above it all and oversee everything, whether that's your coach, your football analogy, your coach, your quarterback, your ownership. And that's your executive team.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“You've got offensive linemen who don't worry about catching the ball. They don't worry about running the ball, but their job is hugely important. Then you've got wide receivers. You don't worry about throwing the ball but want to be best in the world at running routes and catching it. Brookfield's no different. We want people who want to your term extracting the best value or the best talent out of our people. We want to find the things that we need to do as an organization, raise capital, invest capital, manage business, product development, work with our teams, build platforms. We want to find the things that our people are the best at and allow them to really focus on those things. And, you know, if you've got a wide receiver who's great at catching the ball, you can support them with people who are good at other functions. And then there are a hand.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“It's funny. I think I love sports. And I feel like football is an incredible example because one of the things I love about, I live in London, so American football is you've got people that all play different positions.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“All the incredible talents we need to be rolled up in a single individual manner woman. We can have some people who are incredible judges of risk and return and incredible analyzers of businesses. We can have other people who are very good marketers who can explain what we're doing in a way to an investor who isn't living day by day, 20 hours a day in deals every day of their life. We need people who are very good leaders and team builders and builders of platforms. What differentiates us over the long term is some mixture of the talent we have and therefore we spend a lot of time focused on developing it and retaining it, but then also creating a culture that can extract the best out of the talent within the suite of people that work for Brookfield.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Within our asset management business, our most important assets go up and down in an elevator every day. We are a people business and therefore talent is hugely important One thing we believe is talent doesn't fit a perfect stereotype. We need lots of talent in different capabilities in different places across our business. And it would be unrealistic and unpragmatic to expect”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“Use the term individuals who can run super fast and jump super high, but mixing them with experienced people who have lived through those cycles, who have made investments, you know, who have significant lessons learned that they can share. A big part of our culture is mixing that kind of experience, more senior perspective with young energetic, fast-moving capability.”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source
“100% there's two things one this is where I think culture within an organization is so valuable we really instill these principles day in day out across our business to you know the young man or woman who's just come out of school who doesn't have any investing experience this is what we do across market cycles this is our approach this is why we do it you you haven't experienced it yet but here is why it is valuable and here are examples of when it was very valuable to us and why we do it across the cycle even if it doesn't seem super important today the other thing which just goes to a an incredible dynamic within Brookfield is we're constantly as an organization mixing what I would say young energetic I always”
2026-03-17 · The Knowledge Project with Shane Parrish · Beating the Market: Connor Teskey, CEO Brookfield Asset Management · IDENTIFIED FROM THE TRANSCRIPT · source