Intuition in Hiring for Decision-making Roles

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In hiring for roles that involve making major decisions and significant financial commitments, it is essential to look beyond obvious qualities and rely on intuition. The decision to hire someone for such a role must consider cultural fit and understanding the organization's direction. It takes time for individuals to reach their full capacity in decision-making roles, with the first year often being considered mostly useless, the second year at 30% capacity, and by the third year feeling like they have been in the role for a decade.

Marc Rowan, co-founder and CEO of Apollo Global Management, joined Tyler to discuss why rising interest rates won't hurt Apollo's profitability, why liabilities have traditionally been the weak spot in insurance, why the concept of liquidity needs a rethink, the meaninglessness of the term "private credit", what role crypto will play in American finance, why Marc bought a brutalist apartment, which country has beautiful new neighborhoods, what motivated Apollo's office redesign, what he looks for in young hires, the different kind of decision-making required in debt versus private equity, the biggest obstacle to doing business in India, how university governance can be improved, what he's learned from running restaurants, the next thing he'll learn, and more.

Read a full transcript enhanced with helpful links, or watch the full video.

Recorded February 5th, 2024.

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