Fireside Chat, Interview
Talks at GS – Henry Kravis: 40 Years of Innovation in Finance
- Macro outlook includes a fine remainder of 2017, a "probably fine" 2018 with significant interest rate movements, and a "probably" occurring economic slowdown in 2019.
- Potential disruptions are identified as "black swan" events, specifically citing North Korea, alongside a general environment where companies struggle with top-line revenue growth despite bottom-line success.
- KKR maintains its 41-year-old culture while accelerating operations through a 100-day analysis plan to remain innovative and on the cutting edge.
- Investment philosophy rejects exact model outputs (citing a specific 18.76% example) in favor of higher or lower returns determined by direct human interaction rather than static data.
- Personal investment interests focus on the medical, education, and arts sectors, driven by a belief that curiosity, stepping out of comfort zones, and giving back lead to high satisfaction.