![Invest Like the Best with Patrick O'Shaughnessy - Jared Kushner - The Mechanic - [Invest Like the Best, EP.403]](https://storage.googleapis.com/goodpods-images-bucket/episode_images/0651df97515d71de884e72fe5660113685510e87fd31667abd185075050f2460.avif)
Jared Kushner - The Mechanic - [Invest Like the Best, EP.403]
12/20/24 • 174 min
2 Listeners
My guest today is Jared Kushner. Jared has lived more lives than just about anyone I know his age. He ran Kushner companies for years, investing in real estate in and around New York City. He owned the New York Observer. He was a senior advisor to President Trump in his first term. He now runs Affinity Partners, which we discuss in detail, a private equity firm built to find and execute unique investments around the world that stem from Jared's unique set of experiences in business and government. This is one of our longest episodes ever because there was so much to discuss. We cover real estate, negotiation, geopolitics, his work in prison reform, Operation Warp Speed, and the Abraham Accords in the Middle East, business, investing, his family, and everything in between. Jared told me I could ask him about anything--and I really enjoyed doing so. Please enjoy my conversation with Jared Kushner.
My guests today For the full show notes, transcript, and links to mentioned content, check out the episode page here.
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This episode is brought to you by Alphasense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Imagine completing your research five to ten times faster with search that delivers the most relevant results, helping you make high-conviction decisions with confidence. AlphaSense provides access to over 300 million premium documents, including company filings, earnings reports, press releases, and more from public and private companies. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster.
–-
This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. I think this platform will become the standard for investment managers, and if you run an investing firm, I highly recommend you find time to speak with them. Head to ridgelineapps.com to learn more about the platform.
–-
This episode is brought to you by Ramp. Ramp’s mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Ramp is the fastest growing FinTech company in history and it’s backed by more of my favorite past guests (at least 16 of them!) than probably any other company I’m aware of. Go to Ramp.com/invest to sign up for free and get a $250 welcome bonus.
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Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes:
(00:00:00) Welcome to Invest Like the Best
(00:08:45) Jared's Philosophy on Challenges and Success
(00:13:38) Real Estate Ventures: The 666 Fifth Avenue Story
(00:20:31) Lessons from New York Real Estate
(00:30:04) Diplomacy and the Middle East
(00:37:03) Leadership and Change
(00:41:14) Geopolitical Landscape and Future Prospects
(00:47:53) Affinity Partners: Vision and Strategy
(00:52:42) Navigating Market Shifts
(00:54:39) Case Study: Mexico Investment
(00:58:34) Global Investment Strategies
(01:02:42) Investment Philosophy and Principles
(01:07:04) Challenges and Problem-Solving
(01:23:14) Government Efficiency and Bureaucracy
(01:34:57) Stepping into the Spotlight
(01:37:19) Manifesting Success with Partners
(01:38:05) Learning from Brad Jacobs
(01:42:09) Middle East Economic Development
(01:46:08) The Qatar-Saudi Reconciliation
(01:52:25) Perceptions of Key Middle Eastern Countries
(02:07:34...
My guest today is Jared Kushner. Jared has lived more lives than just about anyone I know his age. He ran Kushner companies for years, investing in real estate in and around New York City. He owned the New York Observer. He was a senior advisor to President Trump in his first term. He now runs Affinity Partners, which we discuss in detail, a private equity firm built to find and execute unique investments around the world that stem from Jared's unique set of experiences in business and government. This is one of our longest episodes ever because there was so much to discuss. We cover real estate, negotiation, geopolitics, his work in prison reform, Operation Warp Speed, and the Abraham Accords in the Middle East, business, investing, his family, and everything in between. Jared told me I could ask him about anything--and I really enjoyed doing so. Please enjoy my conversation with Jared Kushner.
My guests today For the full show notes, transcript, and links to mentioned content, check out the episode page here.
-----
This episode is brought to you by Alphasense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Imagine completing your research five to ten times faster with search that delivers the most relevant results, helping you make high-conviction decisions with confidence. AlphaSense provides access to over 300 million premium documents, including company filings, earnings reports, press releases, and more from public and private companies. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster.
–-
This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. I think this platform will become the standard for investment managers, and if you run an investing firm, I highly recommend you find time to speak with them. Head to ridgelineapps.com to learn more about the platform.
–-
This episode is brought to you by Ramp. Ramp’s mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Ramp is the fastest growing FinTech company in history and it’s backed by more of my favorite past guests (at least 16 of them!) than probably any other company I’m aware of. Go to Ramp.com/invest to sign up for free and get a $250 welcome bonus.
-----
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes:
(00:00:00) Welcome to Invest Like the Best
(00:08:45) Jared's Philosophy on Challenges and Success
(00:13:38) Real Estate Ventures: The 666 Fifth Avenue Story
(00:20:31) Lessons from New York Real Estate
(00:30:04) Diplomacy and the Middle East
(00:37:03) Leadership and Change
(00:41:14) Geopolitical Landscape and Future Prospects
(00:47:53) Affinity Partners: Vision and Strategy
(00:52:42) Navigating Market Shifts
(00:54:39) Case Study: Mexico Investment
(00:58:34) Global Investment Strategies
(01:02:42) Investment Philosophy and Principles
(01:07:04) Challenges and Problem-Solving
(01:23:14) Government Efficiency and Bureaucracy
(01:34:57) Stepping into the Spotlight
(01:37:19) Manifesting Success with Partners
(01:38:05) Learning from Brad Jacobs
(01:42:09) Middle East Economic Development
(01:46:08) The Qatar-Saudi Reconciliation
(01:52:25) Perceptions of Key Middle Eastern Countries
(02:07:34...
Previous Episode
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Scott Wu - Building Cognition - [Invest Like the Best, EP.402]
My guest today is Scott Wu. Scott is the co-founder and CEO of Cognition, which is an applied AI lab that has created the first AI software engineer, which they call Devin. In just a year since founding Cognition, Devin functions at the level of a junior software engineer, capable of handling complete engineering workflows from bug fixing to submitting pull requests. He is a former competitive programming champion and describes the field as simply “the art of telling the computer what you want it to do." Scott predicts AI will surpass the world's best competitive programmer within 1-2 years and sees this technology not as replacing programmers, but as democratizing software creation. We discuss the bottleneck in software development, the future of AI in various industries, and the challenges of leveling up Devin. Towards the end, you’ll also hear Scott do an insane card trick on me. You can find the video on our X and YouTube to grasp the madness fully. Please enjoy my conversation with Scott Wu.
Watch Scott play the card game.
For the full show notes, transcript, and links to mentioned content, check out the episode page here.
-----
This episode is brought to you by Alphasense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Imagine completing your research five to ten times faster with search that delivers the most relevant results, helping you make high-conviction decisions with confidence. AlphaSense provides access to over 300 million premium documents, including company filings, earnings reports, press releases, and more from public and private companies. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegas help you make smarter decisions faster.
—
This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. I think this platform will become the standard for investment managers, and if you run an investing firm, I highly recommend you find time to speak with them. Head to ridgelineapps.com to learn more about the platform.
-----
Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.
Follow us on Twitter: @patrick_oshag | @JoinColossus
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes:
(00:00:00) Welcome to Invest Like the Best
(00:07:00) Discussion of Devin's current capabilities as a junior engineer
(00:09:00) Early use cases and customer adoption
(00:11:00) Comparison between IDE assistants and Devin's autonomous approach
(00:14:00) History of computer programming and its evolution
(00:17:00) Scott's background in competitive programming
(00:20:00) Future predictions for AI in software engineering
(00:26:00) Explanation of AI agents and their significance
(00:29:00) Technical details of how Devin is built
(00:40:00) Impact on software engineering jobs and industry
(00:47:00) Discussion of business model and pricing
(00:52:00) Thoughts on AGI and its practical implications
(00:59:00) Commentary on the competitive landscape
(01:24:00) Future of AI adoption across industries
(01:25:00) Card trick demonstration
(01:29:00) The Kindest Thing Anyone Has Done For Scott
Next Episode
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Jack Kokko - Building AlphaSense - [Invest Like the Best, EP.404]
My guest today is Jack Kokko. Jack is the CEO and Founder of AlphaSense, an AI-powered search engine for market intelligence. He shares how AlphaSense began by aggregating fragmented financial data sources and evolved with the advent of large language models to change the research experience completely. He speaks to their recent acquisition of Tegus earlier this year, reshaping the business and further supporting their expansion to serve all types of companies instead of exclusively investment firms. Jack has been navigating the AI revolution from its earliest days and you can feel his excitement when he talks about the future. We discuss building an agile platform, the importance of managing cultural integration, balancing AI capabilities with user trust, and the frontier for this technology. Please enjoy my conversation with Jack Kokko.
For the full show notes, transcript, and links to mentioned content, check out the episode page here.
-----
This episode is brought to you by AlphaSense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Imagine completing your research five to ten times faster with search that delivers the most relevant results, helping you make high-conviction decisions with confidence. AlphaSense provides access to over 300 million premium documents, including company filings, earnings reports, press releases, and more from public and private companies. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster.
–
This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. I think this platform will become the standard for investment managers, and if you run an investing firm, I highly recommend you find time to speak with them. Head to ridgelineapps.com to learn more about the platform.
-----
Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.
Follow us on Twitter: @patrick_oshag | @JoinColossus
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes:
(00:00:00) Welcome to Invest Like the Best
(00:08:32) The Evolution of AlphaSense and AI Integration
(00:10:24) Impact of Large Language Models
(00:19:24) User Behavior and Trust in AI
(00:26:24) Future of AI in Investment Research
(00:28:41) The Value of Proprietary Data
(00:31:24) M&A Insights and Lessons Learned
(00:32:59) The Tegus Opportunity and Investor Insights
(00:34:41) Building Trust and Cultural Compatibility in M&A
(00:37:33) Selling to Investors vs. Corporations
(00:40:46) Personal Motivation and Entrepreneurial Journey
(00:47:24) Breaking into the Corporate Market
(00:49:28) Future of AI and Foundational Models
(00:52:04) The Kindest Thing Anyone Has Ever Done For Jack
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