Episode 160 - Increasing Prosperity Around the World with Mark Stoleson
Oct 23, 2023
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Mark Stoleson, CEO of Legatum, discusses increasing prosperity through Faith Driven Investing. Topics include stewardship in investments, Dubai as a business hub, multifaceted prosperity, and leadership in a diverse environment.
Legatum focuses on enhancing global prosperity by employing faith-driven investment strategies.
Mark Stoltzt prioritizes unity, love, and good governance inspired by biblical principles in leadership at Legatum.
Deep dives
Legatum's Mission to Increase Global Prosperity
Legatum, under the leadership of Mark Stoltzt, is driven by a core mission to improve people's lives across the world by enhancing prosperity. Starting as a family office investment firm, Legatum evolved to focus on governance, ethical business leadership, and faith-driven approaches. The firm's commitment lies in multiplying capital with the belief in God's multiplication principle, addressing how resources can positively impact holistic prosperity beyond financial wealth.
Investment Strategies at Legatum: SBIs & Unique Funding Approaches
Legatum strategically employs investment concepts like Simple Big Ideas (SBIs) to capitalize on global growth prospects such as the rise of the Indian consumer. Mark Stoltzt and his team demonstrate contrarian thinking, as seen during COVID, where they invested heavily during market uncertainties, yielding significant returns. Additionally, through initiatives like the End Fund, Legatum innovatively addresses neglected diseases in impoverished regions, showcasing impactful philanthropic funding that drives positive change.
The Global Footprint & Values Integration at Legatum
Operating with a global footprint, Legatum navigates diverse cultures with core principles like excellence, elegance, and a culture of honor. Mark emphasizes the importance of maintaining harmony and unity within the organization, fostering a culture of respect and collaboration. By valuing relationships, Legatum strives to reflect values beyond financial success, focusing on beauty and love in interactions and decision-making, echoing the essence of Christ-like leadership.
Lessons on Leadership & Unity through Faith
Mark Stoltzt draws inspiration from biblical principles related to good governance, unity, and love for one another. He emphasizes the significance of servant leadership in bringing peace and addressing tough issues within teams, deriving guidance from scriptures about prophesying Christ's government and the importance of unity. Demonstrating the power of agreement and keeping short accounts, Legatum's leadership ethos emphasizes unity and love as essential drivers of organizational success and spiritual alignment.
What does Faith Driven Investing look like for a global firm dedicated to bringing prosperity across the world?
Today’s guest, Mark Stoleson, has wrestled with this question before as the CEO and Partner of Legatum, a global firm that wants to improve people’s lives by increasing prosperity across the world.
He joins us to talk about their approach, the power of building frameworks, and what it’s like to think globally about Faith Driven Investing.
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