The Knowledge Project

Connor Teskey: The 90% Rule, AI Infrastructure, and the Future of Investing

575 snips
Mar 17, 2026
Guest
Connor Teskey
Connor Teskey, CEO of Brookfield Asset Management and a longtime renewables investor, pulls back the curtain on how a trillion-dollar firm thinks. He talks capital allocation, acting before perfect information arrives, and making non-consensus bets. There’s also a sharp look at data centers, AI infrastructure, talent, culture, and how firms stay resilient through market cycles.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Every Deal Needs an Operating Improvement Plan

  • After buying a business, Brookfield expects operational improvement to be part of every return bridge.
  • It often keeps its specialists above the company, but pushes health and safety standards immediately and may insert operators when change requires it.
INSIGHT

Liquidity and Asset Level Debt Create Staying Power

  • Brookfield finances assets with long-term fixed-rate non-recourse debt at the asset level, even if it costs more.
  • Teskey argues liquidity is always undervalued until stress hits, and excess capital creates both downside protection and crisis-era opportunity.
INSIGHT

Culture Transfers Lessons Younger Investors Haven't Lived

  • Teskey says crisis discipline can be taught through culture before younger investors personally live through crashes.
  • Brookfield mixes fast-moving younger talent with veterans who have scar tissue from prior cycles.
Get the Snipd Podcast app to discover more snips from this episode
Get the app