The Other Side of Wall Street: In Business It Pays to Be an Animal, In Life It Pays to Be Yourself by Harrison Todd

Author:Harrison, Todd [Harrison, Todd]
Language: eng
Format: epub
Publisher: Pearson Education (US)
Published: 2011-05-11T20:00:00+00:00

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After ten years of paying dues, making salads, and being emasculated by my superiors, I was hungry and motivated.

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After ten years of paying dues, making salads, and being emasculated by my superiors, I was hungry and motivated. I had promised myself that nobody who ever worked for me would be held down by internal office politics. I believed that the way to facilitate growth was to build a team with people who could themselves grow, and those decisions were made in kind.

I met with the desk heads of our various brokers—many of whom were the same folks who covered me at Galleon—and told them that commission revenue would be correlated to their idea generation and the liquidity they provided. It was indeed a meritocracy; we were tough but fair and always operated within the letter of the law. We were everything that a hedge fund was supposed to be and more. It was, I thought at the time, professional nirvana.

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