Sunday, 20 September 2015

How to break into and Succeed in Finance

1. Be multi-talented; Be genuinely interested in many things, including those that may not be related to your career;
2. Work harder than everybody else (Coaches know that hard work beats talent most of the time).
3. Find something you are good at, then hone that skill until its razor sharp;
4. Read voraciously. Build a library, learn from the masters.
5. Your academic background matters less and less the longer you are out of school.
6. Create something of value that others want — and are even willing to pay for;
7. Meet as many people in your field as you can. Learn from them, and when possible, be genuinely helpful.
8. Develop a speciality.
9. “Once in a lifetime” opportunities come along more frequently than you imagine; Be prepared for when those opportunities presents themselves;
10. Be lucky.

Read more: http://www.ritholtz.com/blog/2014/05/my-unusual-career-path-in-finance/

Quote for the day

“Very early in my career, a veteran investor told me about the three stages of a bull market. Now I'll share them with you. The first, when a few forward-looking people begin to believe things will get better. The second, when most investors realize improvement is actually taking place. The third, when everyone concludes things will get better forever.” - Howard Marks