Parker Gals | How I Became a Chief of Staff (w/ Lena Diasti, Ariel Investments)
Private Equity FunCastSummary
Lina Deoste, Chief of Staff to John Rogers at Ariel Investments, shares insights into her career journey and the dynamics of her role in a recent interview. Having transitioned from a position at J.P. Morgan, where she felt a disconnect with her long-term aspirations, Deoste found her way to Ariel through a connection with the University of Chicago's career advancement office. Her initial role as a special assistant evolved into her current position, where she supports Rogers in various capacities, from preparing for board meetings to managing his speaking engagements.
Deoste emphasizes the importance of relationships in the finance industry, noting that soft skills often outweigh technical prowess. She reflects on how her experiences at Ariel have shaped her understanding of the investment landscape, particularly in small-cap value investing. With a focus on long-term strategies, she expresses optimism about the future of small-cap stocks, highlighting the steady approach of her firm amid market fluctuations.
In discussing her career aspirations, Deoste acknowledges the value of patience and the necessity of proving oneself before seeking advancement. She encourages those early in their careers to prioritize deep learning and personal interests over a rigid adherence to traditional career paths. Her perspective underscores the significance of building connections and maintaining a genuine approach in the finance sector, where personal rapport can often influence business decisions.
Show Notes
Her college career office was supposed to forward her resume to a foundation. Instead, Ariel Investments kept it, and she ended up working next to the founder. Liz sits down with Lena Diasti, Chief of Staff to John Rogers, founder, chairman and co-CEO of Ariel Investments. We get into what a Chief of Staff actually does, how to leave investment banking before the "two years" are up, and why relationships end up mattering more than Excel spreadsheets. Plus, a Gilmore Girls hot take and the trick for perfectly smooth hummus.
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