Klein: Internally competitive managers make better partners and collaborators
Jason Klein · Jason Klein – Investing to Cure Cancer (Capital Allocators, EP.28) · Oct 9, 2017 · at 24:40
Jason Klein, CIO of Memorial Sloan Kettering Cancer Center, explains the personal psychological traits he prioritizes when selecting external investment managers.
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“I would say an internal competitiveness or competitiveness that is internally oriented. Like to find people that are driven, but driven to compete mostly with themselves to do as best as they can. As a result, hopefully that will propel them if they're skilled to be better than others as well. But the primary source of that drive, the primary source of that ambition Is hopefully internally oriented. That will enable them to be good partners. That will enable them to be good collaborators. That'll enable them to have a good open dialogue with us. That'll enable us to be supportive of them, which is what we're always trying to do.”
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