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There's more honor in investment management than in investment banking.
Most of my contemporaries at school entered the World of Business, the logical destiny of bores.
I got more out of the farm than Harvard Business School.
In every business, in every industry, management does matter.
Actors are trusting souls, and we must go by gut-level instinct, even after our agents and business managers weigh all the odds.
The human capital of most macroeconomists, heavily invested in demand management, was wiped out by the policy failures of the 1970s.
I've seen it again and again in my consulting: Most teams are too large to be innovative, despite their leaders' best intentions.
Great investors need to have the right combination of intuition, business sense and investment talent.
Investing in management means building communication systems, business processes, feedback, and routines that let you scale the business and team as efficiently as possible.
