Jase Trennert, Chairman and CEO of Strategas, is a renowned figure in Wall Street, recognized for his expertise in markets and economic policy. Trennert has steered Strategas to the top, securing its position as the leading macro-only research firm for six consecutive years. Beyond his financial expertise, Trennert's commitment to honesty and humility sets him apart as a multifaceted leader.
Honesty: A Competitive Advantage
For Trennert, honesty is more than a virtue; it's a competitive advantage. Acting as a fiduciary and always prioritizing the best interests of clients has been a cornerstone of his success. Mistakes are inevitable, but Trennert believes that a commitment to honest dealings can forgive many errors. As he puts it, "Culture eats strategy for breakfast," emphasizing the importance of integrating honesty into the center of a company's culture.
Humility: The Path to Achievement
Trennert's success is rooted in humility, despite the associated toughness that comes with finance and Wall Street. He rejects the notion that being tough is the key to success, he focuses on achievement, believing that status will naturally follow. When hiring, Trennert looks for individuals with a genuine interest in the industry, a humble attitude, and a willingness to do whatever it takes. According to him, those with the right attitude are destined for success.
Demonstrating the right attitude is a subtle art for Trennert. Candidates are advised to show seriousness without being too eager, to be punctual, to wear a suit and tie, and most importantly, to show genuine interest and respect. Preparation is key – knowing about the company and being able to articulate why you want to be a part of it.
The Values of Strategas
The values of growth and equity, coupled with the belief that "we are all in this together," have been integral to the success of Jase and Strategas. Trennert emphasizes the importance of remembering that success is a collective effort, and this idea permeates through the company culture.
#1 Advice: Read and Embrace Humility
Trennert's number one piece of advice is simple but profound: read. Quoting Michael Lewis, he believes that "we read to know that we are not alone." Books, according to Trennert, offer insights into humanity and ourselves.
Beyond the professional realm, Trennert's Catholic faith is a guiding force in his life. He contemplates faith daily, staying aware of both employee engagement and client satisfaction. His commitment to the golden rule, treating others as he would like to be treated, emphasizes his ethical approach to both business and life. Jase Trennert's continuing success stands as a testament to the regular values of honesty, humility, and a commitment to collective growth.