This podcast episode explores the success and unique investment strategies of the Carnegie Corporation of New York, a philanthropic foundation that has produced an impressive number of future industry leaders. The episode delves into the foundation's investment process, collaborative decision-making, and the importance of talent management. The speakers emphasize the value of alternative investments, a collaborative team culture, and the ability to recognize and nurture talent. The episode also highlights the contrasting investment philosophies and organizational structures of the Ford Foundation and Carnegie Corporation. Overall, it sheds light on the factors that contribute to the success of investment firms and the lasting impact of a positive work environment.
